What happened on Thursday, 12 August 2021
San Francisco City, San Francisco County, California
The board passes resolution promoting vaccination among city employees and dependents.
Jacksonville Beach, Duval County, Florida
Positive trends persist in the market due to vaccine rollout and reduced unemployment.
San Francisco City, San Francisco County, California
The San Francisco Health Service System board unanimously adopted a resolution urging eligible employees, retirees and dependents to receive COVID‑19 vaccination and asking contracted health plans and providers to conduct outreach and report ongoing vaccination rates, hospitalizations and deaths.
San Francisco City, San Francisco County, California
San Francisco Health Service System CFO Larry Liu reported on May 31 financials, projecting a fiscal‑year net increase of about $16.9 million and an ending trust fund balance near $132.9 million; self‑funded plan gains and pharmacy rebates were cited as primary drivers.
San Francisco City, San Francisco County, California
Trust fund expected to end fiscal year with $132.9M balance and minimal shortfalls.
San Francisco City, San Francisco County, California
Health service system members approved a resolution encouraging COVID-19 vaccinations.
San Francisco City, San Francisco County, California
Ice Miller counsel Chris Sears gave a detailed fiduciary training to the San Francisco Health Service System board covering duties of loyalty and prudence, delegation and monitoring, vendor selection, fiduciary liability and documentation; commissioners recommended periodic refreshers and staff to coordinate legal guidance on indemnification.
Jacksonville Beach, Duval County, Florida
The S and P 500 rises over 40 percent, outpacing small caps and international stocks.
Jacksonville Beach, Duval County, Florida
Council sets expected investment return rates for general employees and firefighters' funds.
San Francisco City, San Francisco County, California
San Francisco's health department implements vaccine verification for indoor settings effective immediately.
Jacksonville Beach, Duval County, Florida
After reporting strong June-quarter returns, the Jacksonville Beach pension board voted to sell equity holdings (primarily from Wells Capital) and move roughly $910,000 into cash to restore the fund’s equity exposure to the 65% ordinance cap while staff prepares further analyses and possible ordinance changes.