Vote to Re-Elect Commissioner Meiberger

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Nov 1, 2016 4 Comments ›› HerbMeiberger

I have

  • Co-authored the Retirement Committee’s report for 15 years, appearing regularly in RECCSF’s News and Views.
  • Direct investment experience! Strong, stable returns are essential to earn your Supplemental COLA!
  • Directly contributed to your Fund’s superb performance, among the best in the country!
  • Instrumental in growing and nurturing SFERS’s Private Equity portfolio, which earned 15.2% per year for 10 years ending 6/30/15, achieving the second highest returns of public pension funds! http://www.investmentcouncil.org/
  • Managed $1 billion bond portfolio as SFERS staff member, achieved superb performance;
  • Questioned investing $3 billion of your money in Hedge Funds, which have high fees, low returns, and poor transparency;
  • Questioned staff, won’t rubber stamp recommendations, and won’t drink the Kool-Aid!

 

I was the first commissioner to support granting the Supplemental COLA to pre-1996 retirees. I didn’t ask for City Attorney’s opinion, knowing that the Board has this authority. I supported hiring independent counsel because of the City Attorney’s conflict of interest.

 

Miscellaneous members, who comprise 85% of membership, must have a seat at the table! Fair representation is critical to democracy and to your pension! I pledge to continue you to work and fight for you!

All the best,
Herb Meiberger, CFA
Retirement Board Commissioner


Comments

  1. George Woyames says:

    Herb,

    I admire your integrity and the work you have done on behalf of the retirees. I look forward to seeing you re-elected. Good Luck!

    • HerbMeiberger says:

      George: Thank you very much! I really appreciate it! This is going to be a close election, so anything you can do to spread the word would be greatly appreciated! All the best, Herb

  2. John Kohler says:

    I support you, Herb!

    John

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