Page 137 - MayDefComp

San Mateo County

2019 Annual Performance Standard Report

Met Standard
Investment Policy G. Review investment policy and $500 for failure to provide Annually at the A review of the investment policy
Review summarize, in writing, any review/summary within quarterly meeting prior was performed and a written
recommended changes. specified timeframe. to the fund evaluation confirmation was sent to County
results staff on July 10, 2019.

Education Policy H. Review education policy and $500 for failure to provide Annually at the Completed. A review of the Met Standard
Review summarize, in writing, any review/summary within quarterly meeting prior education policy was performed and
recommended changes. specified timeframe. to the year end. a written confirmation was sent to
County staff on August 17, 2019.

Quarterly Reports A. Provide written summary of $500 per failure to Mailed within 30 days Written summary Quarterly reports Met Standard
Quarterly Reports (as described in provide reports by of quarter-end. presented at the quarterly
Section 6.2) to employer. specific date. committee meetings. Electronic
copies provided prior to the
meetings.
Plan/Participant C. Provide written Plan/Participant $1,000 per month for Annual Summary at We are in full compliance with our Met Standard
Enhancement Enhancement Services (as failure to provide written time of Investment commitments described in section
Services described in Section 6.5) to report within specified Review 6.5 and described in our Services
employer. time. Agreement.

Survey A. Draft survey. $500 if failure to provide Draft due end of 4 Draft survey presented at 5/19/16 Met Standard
th
draft survey. month after Committee meeting.
implementation.

Survey E. Repeat survey process steps $1,000 for failure to Executive Summary A survey was created and the Met Standard
described above for surveys at 24, provide Executive and Recommended County distributed a link to
36, and 48 months after Summary and Actions due by end of employees in April 2019. The
implementation. Recommended Actions 26th, 38 , and 50 attached survey results were San Mateo Survey
th
th
by 26 , 38 , and 50 month. distributed and discussed at the Q3 Results_August 2019
th
th
th
month. 2019 DCP Committee meeting.

3