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.

  • Bill Slaton, Chair
  • Richard Costigan, Vice Chair
  • Michael Bilbrey
  • Rob Feckner
  • JJ Jelincic
  • Henry Jones
  • Ron Lind

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.

  • Richard Costigan, Chair
  • Dana Hollinger, Vice Chair
  • Richard Gillihan
  • 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.

  • 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.

  • 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.

  • Michael Bilbrey, Chair
  • Priya Mathur, Vice Chair
  • John Chiang
  • Richard Costigan
  • Richard Gillihan
  • 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.

  • Ron Lind, Chair
  • JJ Jelincic, Vice Chair
  • Dana Hollinger
  • Priya Mathur
  • Bill Slaton
  • Theresa Taylor
  • Betty Yee

Recent Board Meetings