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Agenda Item

N.1. 21-2411 DISCUSSION AND POSSIBLE ACTION REGARDING APPROVAL OF STIFEL, NICOLAUS & COMPANY, INCORPORATED (STIFEL) AND RAMIREZ & CO., INC. (RAMIREZ) TO PERFORM UNDERWRITING SERVICES AS JOINT SENIOR MANAGERS FOR THE PROPOSED CALPERS UNFUNDED ACCRUED LIABILITY (UAL) REFINANCING