Memorandum
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The memorandum outlines the recommendation for appointments to the Deferred Compensation Advisory Committee (DCAC) for a four-year term starting March 3, 2026. Aric Johnson and Jaime Fonseca are nominated to continue serving on the committee. The DCAC oversees the investments of the City’s Deferred Compensation Plans and has the authority to make investment policy decisions. The memorandum indicates that no concerns or additional nominations were received from the respective employee groups for these appointments.
Key points
- Appointments to the Deferred Compensation Advisory Committee (DCAC) are recommended for Aric Johnson and Jaime Fonseca.
- The term for the appointments begins on March 3, 2026, and ends on March 1, 2030.
- The DCAC oversees the investments of the City’s Deferred Compensation Plans.
- The memorandum states that no concerns or additional nominations were received from the employee groups.
- The next DCAC meeting is scheduled for March 16, 2026.
Limitations
- The text includes unresolved placeholders such as specific dates and details regarding the Rules Committee referral.
- The document does not provide specific dollar amounts or detailed voting outcomes.
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