The Shasta-Tehama-Trinity Joint Community College District Retirement Board (Retirement Board) was established for the purpose of assisting the District in its participation in the programs and activities provided for by way of the Retiree Health Benefit Program Joint Powers Agency (JPA). JPA assists member community college districts in meeting the new accounting standards previously established by GASB.
Duties of the Retirement Board include reviewing the District's investment portfolio as established by way of the JPA Agreement, and to make recommendations to the District's Board and to the Designated Member as to the form and format of such investment as provided for by way of the JPA investment allocation model.
The Retirement Board meets annually, and provides written reports of its activities and recommendations to the District's Board of Trustees.
The Retirement Board consists of five members, as follows:
- JPA Designated Member (Shasta College Assistant Superintendent/VP of Administrative Services)
- JPA Alternate Member (Shasta College Associate Vice President of Business Services)
- District Superintendent/President
- Two Representatives of the District's Board of Trustees