Ensures financial soundness through oversight of financial statements and reporting and all budget matters. Oversees the organization's Strategic and Business Plans.

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

Meeting Agenda for February 17, 2016

10:00 a.m - Open Session

Or Upon Adjournment or Recess of the Pension & Health Benefits Committee, Whichever is Later

Open Session

  1. Agenda Items
    1. Call to Order and Roll Call
    2. Election of Finance and Administration Chair and Vice Chair
    3. Executive Report (Oral Report)Cheryl Eason
    4. Consent Items
      Action Consent Items:Cheryl Eason
      1. Approval of the December 15, 2015, Finance and Administration Committee Meeting Minutes
      2. Judges’ Retirement System Actuarial Valuation Report and Employer and Employee Contribution Rates
        1. Attachment 1
        2. Attachment 2
      3. Judges’ Retirement System II Actuarial Valuation Report and Employer and Employee Contribution Rates
        1. Attachment 1
        2. Attachment 2
      4. Legislators’ Retirement System Actuarial Valuation and Employer and Employee Contribution Rates
        1. Attachment 1
        2. Attachment 2
    5. Consent Items
      Information Consent Items:Cheryl Eason
      1. 2016 Annual Calendar Review
      2. 2017 Annual Calendar Review
      3. Draft Agenda for March 15, 2016, Finance and Administration Committee Meeting
      4. Quarterly Chief Information Officer IT Report
        1. Attachment 1
  2. Action Agenda Items
    1. Program Administration
      1. Proposed California Employees’ Pension Prefunding Trust (CEPPT) LegislationCheryl Eason, Mary Ann Ashley
      2. Board of Administration Scoring Methodology for Request for Proposals Doug Hoffner, Kim Malm
  3. Information Agenda Items
    1. Business Planning
      1. 2015-17 Business Plan Mid-Year UpdateDoug Hoffner, Sabrina Hutchins
        1. Attachment 1
        2. Attachment 2
      2. CalPERS 2016-17 Business Plan(First Reading)Doug Hoffner, Sabrina Hutchins
        1. Attachment 1
        2. Attachment 2
    2. Accounting, Financial Reporting, and BudgetingCheryl Eason
      1. CalPERS Budget Policy (First Reading)
        1. Attachment 1
    3. Actuarial ReportingAlan Milligan, Scott Terando, Kami Niebank
      1. Actuarial Policies Framework Review
        1. Attachment 1
        2. Attachment 2
        3. Attachment 3
    4. Summary of Committee DirectionCheryl Eason
    5. Public Comment

Notes

  1. Items designated for Information are appropriate for Committee Action if the Committee wishes to take action.
  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 Committee Chair.
  4. Board members may attend meetings of committees of which they are not members and participate in the discussions during those meetings.


Location

CalPERS Headquarters
Robert F. Carlson Auditorium
Lincoln Plaza North
400 P Street
Sacramento, CA 95811

Parking
CalPERS Building Guide (PDF)

Security

For your safety, attendees are screened upon entering the auditorium.