MEA NEWSLETTER February 2015

MEA NEWSLETTER 

February 2015 

In this issue: 

MEA 3rd Quarter Membership Meeting 14-15 Set for Monday, March 9th 

2015 MFAC Good Government Awards Again Recognize City Managers 

SFERS Board Makes Difficult Investment Decision 

URGENT: Furloughs Negotiated in 2010 Set to Expire on June 30, 2015 

HSS Board Election: MEA Board Member Wilfredo Lim Unopposed 

Annual Retiree/Active Dinner at SFO on April 1st (No fooling) 

Note: Don’t Forget to Inform Your Tax Preparer about MEA Dues 

MEA 3rd Quarter General Membership Meeting for 13-14 

Monday, March 9, 2015, 6-8pm 

Agenda Includes 

2014 MCCP B&C Program: Update on Changes 

Expanding our Membership: 2015 Outreach Plan 

Pension and Health Care: Newest Developments 

— Food and Beverages Provided Starting at 5:30 pm — 

The meeting will be held at San Francisco Main Library Latino/Hispanic Rooms A&B, 100 Larkin Street at Grove. The Library is closed on Monday nights, so please plan to arrive before 6:00 p.m. If you arrive after 6:00 p.m., you can enter at the far right door of the Grove Street entrance by calling the security office at 415-557-4357.

Please remember to RSPV by emailing staff@sfmea.com or calling 415-989-7244. 2015 MFAC Good Government Awards Again Recognize City Managers 

The 35th annual Good Government Award recipients have been announced by SPUR and, as usual, they include a wide cross-section of MEA members. The 2015 Public Managerial Excellence Award individual winners are: Colleen Chawla, Deputy Director at DPH, Jimmy Chiu, Infrastructure Program Director at SFO, Paula Kehoe, Water Resources Division Manager at PUC. Team winners are the James R. Herman Cruise Terminal Team, Port of San Francisco (John Doll, John Davey, Peter Dailey, Elaine Forbes and Meghan Wallace) and the Family Violence Prevention Team at the Child Support Services Department (Freda Randolph Glenn, Stephanie Martin, and Thomas Wolf). MEA represented managers are noted in boldface print. We congratulate all the honorees and thank them for their invaluable contribution to the City.

SFERS Board Makes Difficult Investment Decision 

On February 11, the SF Employee Retirement System (SFERS) Board voted 6-1 to make a 5% allocation to alternative investments (aka Hedge Funds.) Although there was substantial debate and strong opposition from most of the speakers, the Board concluded that data showed such investments were widely successful in mitigating losses during the 2008 downturn. Because the current bull market is now among the longest in history, and the risk of another downturn is significant in terms of taxpayer and employee exposure, MEA joined other groups in urging the Board to act

 

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