Board Committees

Board members serve on committees to review specific programs, projects, or issues and make recommendations to the Board. The Board of Administration consists of six committees:

Board Governance
Finance & Administration
Investment
Pension & Health Benefits
Performance, Compensation, & Talent Management
Risk & Audit

Each Board member serves on at least one committee. Each committee generally meets once each month.

Board Governance Committee

The Board Governance committee is responsible for the Board's self-management, governance practices, and accountability as pension fund fiduciaries. They manage governance protocols and policies. View the Delegation Resolution - Board Governance Committee (PDF).

Theresa Taylor, Chair
Priya Mathur, Vice Chair
Michael Bilbrey
Rob Feckner
Dana Hollinger
Henry Jones
Bill Slaton

Finance & Administration Committee

The Finance & Administration Committee ensures financial soundness through oversight of financial statements and reporting as well as all budget matters. They oversee CalPERS strategic and business plans. View the Delegation Resolution - Finance & Administration Committee (PDF, 1.17 MB).

Richard Costigan, Chair
Theresa Taylor, Vice Chair
John Chiang
JJ Jelincic
Henry Jones
Bill Slaton
Betty Yee

Investment Committee

The Investment Committee reviews and approves portfolio performance, asset allocation, investment transactions, and investment manager performance. They establish investment strategies and policies. View the Delegation Resolution - Investment Committee (PDF).

Henry Jones, Chair
Bill Slaton, Vice Chair
Michael Bilbrey
John Chiang
Richard Costigan
Rob Feckner
Richard Gillihan
Dana Hollinger
JJ Jelincic
Ron Lind
Priya Mathur
Theresa Taylor
Betty Yee

Pension & Health Benefits Committee

The Pension & Health Benefits Committee oversees all matters related to strategy, policy, structure, and actuarial studies as well as rate setting for pension, health, and CalPERS Long-Term Care Program administration. View the Delegation Resolution - Pension & Health Benefits Committee (PDF).

Priya Mathur, Chair
Michael Bilbrey, Vice Chair
John Chiang
Rob Feckner
Richard Gillihan
Dana Hollinger
Henry Jones
Theresa Taylor
Betty Yee

Performance, Compensation, & Talent Management Committee

The Performance, Compensation, & Talent Management Committee oversees compensation mechanisms and criteria, and the hiring, termination, compensation, and long-term succession planning of key personnel. View the Delegation Resolution - Performance, Compensation, & Talent Management Committee (PDF).

Michael Bilbrey, Chair
Richard Costigan, Vice Chair
John Chiang
Richard Gillihan
Dana Hollinger
Ron Lind
Theresa Taylor

Risk & Audit Committee

The Risk & Audit Committee oversees system soundness, enterprise risk management, internal and external audits, privacy and information security, ethics, compliance, and other independent reassurance activities. View the Delegation Resolution - Risk & Audit Committee (PDF, 1.11 MB).