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 November 14, 2017

1:00 pm - 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. Executive Report (Oral Report)Charles Asubonten
    3. Consent Items
      Action Consent Items:Charles Asubonten
      1. Approval of the September 19, 2017 Finance & Administration Meeting Minutes
    4. Consent Items
      Information Consent Items:Charles Asubonten
      1. 2017 Annual Calendar Review
      2. 2018 Annual Calendar Review
      3. Draft Agenda for the December 19, 2017 Finance & Administration Committee Meeting
      4. 2016-17 Year-End Budget and Expenditure Report
        1. Attachment 1
  2. Action Agenda Items
    1. Accounting, Financial Reporting, and Budgeting
      1. 2016-17 Basic Financial StatementsCharles Asubonten, Kristin Montgomery
        1. Attachment 1
        2. Attachment 2
        3. Attachment 3
      2. 2017-18 Mid-Year Budget (First Reading)Charles Asubonten
        1. Attachment 1
        2. Attachment 2
    2. Actuarial Reporting
      1. Proposed Regulation for Employer Actuarial Liability Significant IncreaseScott Terando, Randy Dziubek
        1. Attachment 1
        2. Attachment 2
    3. Program Management
      1. State Legislative Proposal: Technical Amendments to the Public Employees' Retirement Law (PERL)Mary Anne Ashley, Marcie Frost, Arnita Paige, Anthony Suine, Jan Falzarano
  3. Information Agenda Items
    1. Actuarial Reporting
      1. Review of Actuarial AssumptionsScott Terando, Randy Dziubek
        1. Attachment 1
        2. Attachment 2
        3. Attachment 3
      2. Amortization Policy (First Reading)Scott Terando, Kelly Sturm
        1. Attachment 1
        2. Attachment 2
      3. Semi-Annual Health Plan Financial ReportGary McCollum
        1. Attachment 1
        2. Attachment 2
    2. Risk Management
      1. Review of Finance and Administration Committee Risk ProfilesForrest Grimes
        1. Attachment 1
        2. Attachment 2
        3. Attachment 3
    3. Summary of Committee Direction (Oral Report)Charles Asubonten
    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. (Cal. Code Regs., tit. 2, § 552.1.)
  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.