The City of San Jose Police & Fire Department Retirement Plan Board convened to discuss several key topics including the final actuarial valuation results for the 2025 fiscal year, highlighting improvements in funded status and projections for city contributions. The board received updates on staffing, cybersecurity incidents affecting city employees, and compliance with new ADA digital accessibility standards, which necessitated procurement of new software to meet WCAG 2.1 AA requirements. A significant portion of the meeting focused on the presentation and discussion of a new web-based dashboard tool designed to provide interactive pension plan data, with considerations about access restrictions to ensure data integrity. The board also reviewed stakeholder feedback from a strategic planning project conducted by Aon, emphasizing themes such as enhanced communication, governance modernization, and technology improvements. Contract extensions for communication consultants were approved to maintain ongoing services until strategic plans are finalized. Additionally, the board approved updates to city policies on equipment use, sick leave, and travel, and acknowledged retirements and survivorship benefits. Committee reports were received, and future meeting plans were discussed.

FEB 18, 2026 | Police & Fire Department Retirement Plan Board