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Audit Committee
 
Audit Committee

SDCERA's Board of Retirement has established an Audit Committee to provide oversight of SDCERA's independent auditor, SDCERA's financial reporting and compliance with legal and regulatory requirements.

The Audit Committee is comprised of five members: three SDCERA Trustees and two public members. The Committee's public members must have experience in audit-related areas (e.g., management, finance, accounting, auditing, law).

The addition of two independent public members on the Committee is modeled after the provisions in the Sarbanes-Oxley Act of 2002 and is a best practice for public pension plans. Public Committee members ensure that there are independent Committee members who have no pecuniary relationship with or interest in SDCERA.

Current Committee Members are Trustees Dan McAllister (chair), Samantha Begovich and Skip Murphy and public members Tom Fitch and Mark Hovey.