Board of Administration

Board of Administration

The CalPERS Board of Administration consists of 13 members who are elected, appointed, or hold office ex officio. The board composition is mandated by law and can only be changed by a majority of the registered voters in the state.

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About the Board

The board of administration is responsible for the management and control of CalPERS. The board has exclusive control of the administration and investment of funds, including and not limited to:

The board administers the Public Employees' Medical and Hospital Care Act and the state's contract with the federal government for Social Security.