Defined Contribution Plans Trustee Board Public Comment Form

Meetings

• Agendas and Minutes

Duties and Functions

The Defined Contribution Plans Trustee Board (the Board) oversees the investments of the City’s defined contribution plans (the Plans). The Plans include the SPSP, SPSP-H, 401(a) and 401(k). The Board meets quarterly, at minimum, to monitor fund performance. The Board also oversees the external investment consultant and third-party administrator. With guidance from the Plan’s Investment Policy and recommendations from the investment consultant, the Board may add, change or replace a fund.

Board Members

• Angela Colton
• Elizabeth Correia
• Gregg Rademacher
• David Onate

Defined Contribution Plan Trustee Board Run-Off Election Open from Sept. 30 – Oct. 4, 2024

An election was held from Aug. 19 through Sept. 3, 2024, to select the next Defined Contribution Plan Trustee. To win the election, a candidate must have a majority of the votes. In this election, none of the candidates received a majority. As a result, a run-off election will be administered between the two candidates that received the highest number of votes. The two candidates participating in the run-off election are as follows (listed alphabetically):

• Carina Coleman
• Elizabeth Dispenza (Liz Saidkhanian)

If you are an active 401(a), SPSP, and SPSP-H Plan Participant, you are eligible to cast your vote for the next Trustee on the Defined Contribution Plans Trustee Board.  The run-off election will be held from Sept. 30 through Oct. 4, 2024. Please follow the Voting Instructions to cast your vote by Oct. 4, 2024. Be sure to review the candidates’ statements in the 2024 401(a), SPSP, and SPSP-H Plan Trustee Run-Off Election Bulletin to assist you in making a decision on the candidate of your choice.