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 14, 2017

10:00 am - Open Session

Or Upon Adjournment of the Pension & Health Benefits Committee Closed Session, Whichever is Later

Open Session

  1. Agenda Items
    1. Call to Order and Roll Call
    2. Election of the Finance & Administration Committee Chair and Vice Chair
    3. Executive Report (Oral Report)Marlene Timberlake D'Adamo
    4. Consent Items
      Action Consent Items:Marlene Timberlake D'Adamo
      1. Approval of the December 20, 2016, Finance & Administration Meeting Minutes
      2. California Actuarial Advisory Committee Appointment
      3. Long-Term Care Valuation Report
        1. Attachment 1
    5. Consent Items
      Information Consent Items:Marlene Timberlake D'Adamo
      1. 2017 Annual Calendar Review
      2. 2018 Annual Calendar Review
      3. Draft Agenda for the April 18, 2017 Finance & Administration Committee Meeting
      4. Quarterly Chief Information Officer IT Report
        1. Attachment 1
      5. Treasury Analysis and Liquidity Report
        1. Attachment 1
      6. CalPERS 2016-17 Business Plan Mid-Year Update
        1. Attachment 1
        2. Attachment 2
  2. Action Agenda Items
    1. Business Planning
      1. CalPERS 2017-2022 Strategic Plan and CalPERS 2017-18 Business PlanDoug Hoffner, Sabrina Hutchins
        1. Attachment 1
        2. Attachment 2
        3. Attachment 3
        4. Attachment 4
    2. Program Administration
      1. 2017 CalPERS Board of Administration Member-At-Large Election – Notice of ElectionDoug Hoffner, Kim Malm
        1. Attachment 1
      2. Review of the Finance & Administration Committee Delegation, Board Governance Policy, and Policy for Approval of Reimbursement to State, School and Public Agency Employers of Elected Board MembersMarlene Timberlake D'Adamo, Kami Niebank, Kristin Montgomery
        1. Attachment 1
        2. Attachment 2
        3. Attachment 3
        4. Attachment 4
        5. Attachment 5
        6. Attachment 6
    3. Actuarial Reporting
      1. Actuarial Contribution Allocation Policy (Second Reading)Scott Terando
        1. Attachment 1
        2. Attachment 2
        3. Attachment 3
        4. Attachment 4
        5. Attachment 5
        6. Attachment 6
        7. Attachment 7
        8. Attachment 8
    4. Asset Liability Management
      1. Funding Risk Mitigation PolicyMarlene Timberlake D'Adamo, Forrest Grimes, Scott Terando, Ted Eliopoulos
        1. Attachment 1
        2. Attachment 2
  3. Information Agenda Items
    1. Program Administration
      1. Quarterly Collections & Termination ReportMarcie Frost, Marlene Timberlake D'Adamo, Arnita Page
        1. Attachment 1
      2. CalPERS Board of Administration Election – Voting Options UpdateDoug Hoffner, Kim Malm
        1. Attachment 1
      3. Application of Responsible Contractor Policy to all CalPERS ContractsDoug Hoffner, Kim Malm
        1. Attachment 1
    2. Asset Liability Management
      1. Asset Liability Management Policy (First Reading)Marlene Timberlake D'Adamo, Forrest Grimes, Scott Terando, Ted Eliopoulos
        1. Attachment 1
    3. Summary of Committee Direction (Oral Report)Marlene Timberlake D'Adamo
    4. Public Comment

Notes

  1. Items designated for Information are appropriate for Committee Action if the Committee 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 three-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.