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San Jose Federated Retirement Board approves consent items, accepts city pre‑funding offer and several contracts; recommends Nakagawa to city council
CEO reports staffing hires, budget requests and pending lease as ORS seeks reclassification and budget approvals
Board interviews two candidates and forwards Nathan Nakagawa’s nomination to city council
Fund reports: pension plan up year‑to‑date; private markets show positive PME performance amid slower exit environment
Board accepts city pre‑funding offer after staff explains discount‑rate methodology and 15% reduction this year
