CalPERS

Board of Administration Agenda

The CalPERS Board of Administration considers recommendations from individual Board committees and hears other matters related to the administration of retirement benefits and investment management.

(Agenda items are provided in a PDF format, which require Adobe Reader 8 or higher to view.)

Meeting Agenda for February 17, 2015

8:30 a.m. - Closed Session

  1. Chief Executive Officer's Briefing on Performance, Employment, and Personnel Issues
    (Gov. Code sections 11126(a)(1) and (g)(1))

Meeting Agenda for February 18, 2015

2:00 p.m. - Workshop

or Upon Adjournment or Recess of the Board Governance Committee, Whichever is Later

  1. Agenda Items
    1. Workshop - Funding Risk and Mitigation Strategy
      Funding Risk and Risk Mitigation Workshop PowerpointCheryl Eason, Alan Milligan and Ted Eliopoulos
    1. Brief Discussion of Funding Risk Cheryl Eason
    2. Risk Mitigation Strategy Cheryl Eason, Alan Milligan and Ted Eliopoulos
    3. Expert Panel Dr. Robert Brown, Allan Emkin, Andrew Junkin
    4. Board Discussion
    5. Next Steps Cheryl Eason

Meeting Agenda for February 19, 2015

8:00 a.m. - Closed Session

  1. Chief Executive Officer's Briefing on Performance, Employment, and Personnel Issues
    (Gov. Code sections 11126(a)(1) and (g)(1))

9:00 a.m. - Open Session

Sign up to speak at this meeting.

  1. Agenda Items
    1. Call to Order and Roll Call
    2. Pledge of Allegiance
    3. Board Presidents Report (Oral) Rob Feckner
    4. Executive Reports
      1. Chief Executive Officer's Report (Oral) Anne Stausboll
      2. Chief Investment Officer's Report (Oral) Ted Eliopoulos
    5. Consent Items
      Action Consent Items:Rob Feckner
      1. Approval of December 16, 2014 Board of Administration Meeting Minutes
      2. Approval of December 17, 2014 Board of Administration Meeting Minutes
      3. Board Travel Approvals
    6. Consent Items
      Information Consent Items
      1. Board Meeting Calendar
      2. Draft Agenda for March 2015 Meeting
      3. General Counsel's Report
        1. Attachment A
      4. External Affairs Report
        1. Attachment 1
        2. Attachment 2
    7. Committee Reports and Actions
      1. Investment Committee Henry Jones
      2. Pension and Health Benefits Committee George Diehr
        1. Attachment 1
      3. Finance & Administration Committee Bill Slaton
      4. Performance, Compensation & Talent Management Committee (Oral) Michael Bilbrey
      5. Risk and Audit Committee (Oral) George Diehr
      6. Board Governance Committee Rob Feckner
  2. Action Agenda Items
    1. Proposed Decisions of Adminitrative Law Judges Rob Feckner
      1. Mark Gallegos
        1. Attachment A
        2. Attachment B
        3. Attachment C
      2. Daniel Klaff
        1. Attachment A
        2. Attachment B
        3. Attachment C
      3. Patricia Hunt
        1. Attachment A
        2. Attachment B
        3. Attachment C
      4. Eugene Henrich
        1. Attachment A
        2. Attachment B
        3. Attachment C
      5. Gregory Oliver
        1. Attachment A
        2. Attachment B
        3. Attachment C
      6. Gus Frias
        1. Attachment A
        2. Attachment B
        3. Attachment C
      7. Barbara Land
        1. Attachment A
        2. Attachment B
        3. Attachment C
      8. Mike Schmidke
        1. Attachment A
        2. Attachment B
        3. Attachment C
      9. Lucille McGowan
        1. Attachment A
        2. Attachment B
        3. Attachment C
      10. Susan Stockhammer
        1. Attachment A
        2. Attachment B
        3. Attachment C
      11. Robert Ruhr
        1. Attachment A
        2. Attachment B
        3. Attachment C
      12. Essence Wilson
        1. Attachment A
        2. Attachment B
        3. Attachment C
      13. Victoria Wedgeworth
        1. Attachment A
        2. Attachment B
        3. Attachment C
  3. Information Agenda Items
    1. State and Federal Legislation Danny Brown
      1. Attachment 1
      2. Attachment 2
    2. Public Comment

Closed Session

Upon Adjournment or Recess of Open Session

    1. Litigation Matters (Gov. Code section 11126(e)) Matthew Jacobs
      1. In re: City of Stockton (U.S. Bankruptcy Court, Eastern District of CA, No. 12-32118); In re: City of San Bernardino (U.S. Bankruptcy Court, Central District of CA, No. 2-BK-28006); and potential bankruptcy litigation
      2. CalPERS v. Moody's Corp., San Francisco Superior Court, Case No CGC-09-490241
      3. Potential Litigation - Investment Matter

Notes

  1. Items designated for Information are appropriate for Board Action if the Board wishes to take action. Any Agenda Item from a properly noticed Committee meeting held immediately prior to this Board meeting may be considered by the Board.
  2. The hour designated as the earliest starting time for this meeting is not intended to communicate the expected duration (or ending time) of the preceding meeting.
  3. Public comment may be taken on any agenda item. There is a 3-minute limitation on each public comment, unless otherwise directed by the Board President.
  4. The Board may adjourn into Closed Session to deliberate on any Proposed Decision(s) or Petition(s) for Reconsideration.

Dated: 02-12-2015