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 April 18, 2017

10:00 am - Open Session

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

Open Session

  1. Agenda Items
    1. Call to Order and Roll Call
    2. Executive Report (Oral Report)Marlene Timberlake D'Adamo
    3. Consent Items
      Action Consent Items:Marlene Timberlake D'Adamo
      1. Approval of the March 14-15, 2017, Finance & Administration Meeting Minutes
      2. Semi-Annual Contracting Prospective Report
        1. Attachment 1
        2. Attachment 2
        3. Attachment 3
      3. Judges' Retirement System Actuarial Valuation Report and Employer and Employee Contribution Rates
        1. Attachment 1
        2. Attachment 2
      4. Judges' Retirement System II Actuarial Valuation Report and Employer and Employee Contribution Rates
        1. Attachment 1
        2. Attachment 2
      5. Legislators' Retirement System Actuarial Valuation Report and Employer and Employee Contribution Rates
        1. Attachment 1
        2. Attachment 2
      6. Actuarial Valuation Report for the 1959 Survivor Benefit Program
        1. Attachment 1
        2. Attachment 2
    4. Consent Items
      Information Consent Items:Marlene Timberlake D'Adamo
      1. 2017 Annual Calendar Review
      2. 2018 Annual Calendar Review
      3. Draft Agenda for the May 16, 2017 Finance & Administration Committee Meeting
      4. Quarterly Chief Information Officer IT Report
        1. Attachment 1
      5. Semi-Annual Financial Report
        1. Attachment 1
      6. Semi-Annual Budget and Expenditure Report
      7. Annual Operational Sustainability Report
  2. Action Agenda Items
    1. Program Administration
      1. Review of Finance and Administration DelegationMarlene Timberlake D'Adamo
        1. Attachment 1
        2. Attachment 2
        3. Attachment 3
        4. Attachment 4
      2. Annual Review of Board Member Employer Reimbursements PercetagesMarlene Timberlake D'Adamo, Kristin Montgomery
        1. Attachment 1
    2. Accounting, Financial Reporting, and Budgeting
      1. 2017-18 Annual Budget Proposal (First Reading)Marlene Timberlake D'Adamo, Rose McAuliffe
        1. Attachment 1
        2. Attachment 2
    3. Asset Liability Management
      1. Asset Liability Management Policy (Second Reading)Marlene Timberlake D'Adamo, Forrest Grimes
        1. Attachment 1
        2. Attachment 2
    4. Actuarial Reporting
      1. State Valuation and Employer/Employee Contribution RatesScott Terando, Kelly Sturm
        1. Attachment 1
        2. Attachment 2
        3. Attachment 3
        4. Attachment 4
        5. Attachment 5
        6. Attachment 6
        7. Attachment 7
      2. Schools Valuation and Employer/Employee Contribution RatesScott Terando, May Yu
  3. Information Agenda Items
    1. Actuarial Reporting
      1. Annual Actuarial Valuation for the Terminated Agency PoolScott Terando, Stuart Bennett, Eric Baggesen
        1. Attachment 1
        2. Attachment 2
    2. Program Administration
      1. Proposed Rescission of the Policy for Approval of Reimbursement to State, School and Public Agency Employers of Elected Board Members (First Reading)Marlene Timberlake D'Adamo
        1. Attachment 1
      2. Proposed Rescission of the Delegation Resolution for the Discharge of Accountability of Uncollectible Debt (First Reading)Marlene Timberlake D'Adamo
        1. Attachment 1
      3. Proposed Revision of the Discharge from Accountability Policy (First Reading)Marlene Timberlake D'Adamo
        1. Attachment 1
        2. Attachment 2
        3. Attachment 3
      4. Semi-Annual Health Plan Financial ReportGary McCollum
        1. Attachment 1
        2. Attachment 2
    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.