Deferred Compensation Committee August 14, 2025

Deferred Compensation Committee - August 14, 2025

6 Items 5 Passed 1 Consent 5 Public Hearing

Present (5)

Item	Title	Action	Vote	Type
	ADJOURNMENT	Adjourned
1A	Action to Approve the Deferred Compensation Committee Meeting Minutes of May 8, 2025	Approved Staff Recommendation		Consent Calendar
2D	Informational Report Regarding the Review of Foreign Securities in the Self-Directed Brokerage Account (SDBA) Presented by the Fiduciary Consulting Group	Continued	—	Public Hearing/General Business
2E	Discussion Regarding Expansion and Clarification of Committee Role Based on Committee’s Recommendation that the City Adopt a 401(a) plan	Continued		Public Hearing/General Business
2F	Action to Recommend that the City of Santa Clara continue to contract with Fiduciary Consulting Group (formerly the Hyas Group) on the 457(b) Plan.	Approved Staff Recommendation		Public Hearing/General Business
2G	Action to Recommend that the City of Santa Clara contract with Fiduciary Consulting Group and all third party contractors who provide services regarding 457(b) and 401(a) plans.	Approved Staff Recommendation		Public Hearing/General Business

The Deferred Compensation Committee met on Thursday, August 14, 2025.

Available documents: agenda, action records.

A full article summary will be available once minutes or transcript are published.