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Retirement board approves minutes, consent calendar, GASB report and hires Northern Trust for SFDCP passive sleeve
Summary
The San Francisco Retirement Board unanimously approved routine minutes and consent items, accepted the GASB 67/68 report, authorized an actuarial RFP, and voted to move the SFDCP passive large‑cap growth sleeve to a Northern Trust Russell 1000 Growth index strategy (implementation targeted for Q2).
The San Francisco Retirement Board approved several procedural and investment actions in a series of unanimous votes.
Minutes and consent: The board adopted the minutes from the Nov. 12, 2025 meeting and approved the meeting’s consent calendar without opposition. Commissioner Helfon moved to approve the minutes, seconded by Commissioner O'Connor; the consent calendar motion was moved by Commissioner O'Connor and seconded by Commissioner Driscoll.
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