Page 137 - AugDefComp

• Annual Review of Investment Policy (November 2019)
• Annual Retreat (November 2019)
• Annual Plan Review (February 2020)
• Investment Option Changes per Performance Review (February 2020)
• Plan Changes Pursuant to CARES Act (April 2020)

2020-21 Workplan Priorities—Assuming the DCAC’s approval of the recommended
2020-21 budget, current service levels will be maintained, and the following initiatives
will be included in the 2020-21 workplan priorities:

• Renegotiation of MassMutual Agreement—The current administrative services
agreement with MassMutual expires on March 21, 2021. The DCAC has given
direction to renegotiate the agreement on the most favorable terms until the
completion of the next scheduled request for proposals in 2022-23.

• Renewal of NFP Agreement—The current consulting agreement with NFP expires on
September 30, 2020. Staff will renew the agreement through June 30, 2021.

• Implementation of Conflict of Interest Resolution—Pending capacity in the County
Counsel’s Office, the County’s conflict-of-interest resolution will be updated to
include the DCAC.

• NAGDCA Award Nomination—Staff will work with the DCAC and MassMutual to
identify opportunities to submit nominations for additional awards in the 2021
NAGDCA Conference.