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Retirement board authorizes $180,000 legal contract increase, adopts city policy update and procurement workplan; approves retirements

2153039 · January 9, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The board voted to increase the not‑to‑exceed amount for the Reed Smith legal services contract, adopted a City policy update on employee recognition, approved governance procurement changes and a 2025 policy review workplan, and confirmed multiple service retirements.

The San Jose Police and Fire Retirement Board approved a package of administrative and contract actions in a January meeting, including a $180,000 increase to outside legal services, adoption of an updated city policy on employee appreciation, approval of a procurement policy aligned with city definitions, the board’s 2025 policy‑review work plan, and a slate of service retirements.

Contract amendment: The board authorized the CEO to negotiate and execute a second amendment to the legal services agreement with Reed Smith, increasing the contract’s not‑to‑exceed amount by $180,000 from $1,600,000 to $1,780,000 for the period covering July 1, 2019 through June 30, 2024. The board noted the change aligns the contract ceiling…

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