The Board of Retirement exercises authority and control over the management of the Plan in setting policy.
The nine-members of the Board of Retirement are responsible for establishing StanCERA’s bylaws and policies in accordance with applicable local, state and federal laws.
The nine-member Board of Retirement is responsible for establishing StanCERA’s investment policy objectives in accordance with applicable local, state and federal laws. The Board exercises authority and control over the management of the plan by setting policy. StanCERA’s staff executes that policy, either internally or through the use of prudent external experts.