Tuesday, December 20, 2016
Tom Beckett honored by Board of Retirement
At its regular meeting on December 19, 2016, the Board of Retirement honored outgoing Retiree Board Member Tom Beckett. Mr. Beckett, whose term ends at the end of 2016, worked for the County of Orange from 1976 until his retirement in 2009.
Mr. Beckett was elected as the Retired Member to the Board of Retirement on October 24, 2013 and began serving his term on January 1, 2014. At the meeting on December 19, Mr. Beckett made a point to thank his wife Kathy for her support, as well as acknowledge the retirees who elected him to his seat, and the assistance of the OCERS staff during his service on the Board.
"It's a wonderful thing to see this organization at work," Mr. Beckett said.
"You will be missed by everybody here," said Roger Hilton, Chair of the Board of Retirement. Former Board Member Frank Eley, who retired earlier this year from the County, will return to the Board replacing Mr. Beckett as the Retiree Member on January 1, 2017.
As of November 30, 2016, OCERSí total fund was more than $13 billion.
The next Investment Committee meeting will be held at 9 a.m. on Wednesday, January 25, 2017. OCERSí Board of Retirement will meet at 9 a.m. on Tuesday, January 17, 2017.