Chair, 401a and 457b Trusts
Regional Government Services Authority
Richard Averett is Executive Director for Regional Government Services (RGS), a Joint Powers Authority serving other public agencies. The Authority was founded to help public agencies share services and expertise, and have assisted approximately two hundred other public agencies throughout the California and beyond. RGS is a founding member of the California Public Agency STARS (Self-Directed Tax-Advantaged Retirement System), two statewide trusts for 401(a) and 457(b) services. These trusts have been established to provide Deferred Comp/Defined Contribution services to public agency employees. Prior to his current position, Richard served as department director at the city and county department level in California and Virginia.
Secretary, 401a and 457b Trusts
Local Government Services Authority, retired
Joseph Chan is currently a member of the STARS Board of Trustees and has been serving as Secretary of the Board since inception of the trusts in September 2009. He retired from the Association of Bay Area Governments in 2009 after serving 26 years as Finance Director/CFO of the agency. In his retirement, Joseph continues to be professionally active by offering pro-bono management services to non-profit organizations.He is active in philanthropy in support of various societal causes. Joseph is a Certified Public Accountant (certificate inactive), and holds current memberships in the American Institute of CPAs and the California Society of CPAs. He studied business at the University of Wisconsin-Madison where he graduated with an MBA degree.