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San Jose board updates PAFR, corrects memo typo and elects officers; CIO search continues
Summary
Trustees authorized edits to the PAFR to include 2025 funded‑status numbers, accepted a corrected disability memo footer, elected new chair and vice chair and received an update on the CIO recruitment timeline and committee rotation proposals.
At its Dec. 16, 2025 meeting the San Jose Federated Retirement Board handled several governance and procedural items including edits to the Public Annual Financial Report (PAFR), correction of a memorandum error, officer elections and committee updates.
After the board accepted the final actuarial valuation, trustees voted to update the PAFR charts and accompanying text so the final year reflects the newly approved 2025…
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