Finance and Administration Committee Agenda September 20, 2022

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 September 20, 2022

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 may be considered by the Board at a subsequent Board meeting. 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. Public comment may be taken on agenda items in accordance with applicable law. There is a three-minute limitation on public comment, unless otherwise directed by the Presiding Officer. (Cal. Code Regs. tit 2, § 552.1.) Members of the public may provide public comment via telephone by calling (800) 259-4105. Board members may attend meetings of committees of which they are not members and participate in the discussions during those meetings. Pursuant to California Government Code section 11133 (added by Stats. 2022, ch. 48 § 20), Board members may participate via teleconference.

View Open Session Meeting Transcript (PDF)

Open Session

9:00 a.m.

1. Item
   1. Call to Order and Roll Call
   2. Executive Report (Verbal Report) (PDF) Michele Nix
   3. Action Consent Items Michele Nix
      1. Approval of the September 20, 2022 Finance and Administration Committee Timed Agenda (PDF)
      2. Approval of the April 18, 2022 Finance and Administration Committee Meeting Minutes (PDF)
      3. State Street Bank Contract Extension (PDF)
         1. Attachment 1 (PDF)
   4. Information Consent Items Michele Nix
      1. Annual Calendar Review (PDF)
      2. Draft Agenda for the November 15, 2022 Finance and Administration Committee Meeting (PDF)
      3. Treasury Analysis and Liquidity Status Report (PDF)
         1. Attachment 1 (PDF)
      4. Annual Discharge of Accountability for Uncollectible Debt (PDF)
         1. Attachment 1
      5. Prefunding Programs Annual Status Report
         1. Attachment 1 (PDF)
         2. Attachment 2 (PDF)
      6. Pension Contracts Management Program Annual Report (PDF)
         1. Attachment 1 (PDF)
         2. Attachment 2 (PDF)
   5. Action Agenda Items
      1. Board Member Employer Reimbursement - Amendment (PDF) Michele Nix
         1. Attachment 1 (PDF)
         2. Attachment 2 (PDF)
   6. Information Agenda Items
      1. Annual Actuarial Valuation Terminated Agency Pool (PDF) Julian Robinson
         1. Attachment 1 (PDF)
         2. Attachment 2 (PDF)
      2. 2021 CalPERS Board of Administration Special Public Agency Member Election Results (PDF) Dallas Stone
         1. Attachment 1 (PDF)
         2. Attachment 2 (PDF)
         3. Attachment 3 (PDF)
      3. CEM Benchmarking Michele Nix, Tom Scheibelhut
         1. Attachment 1 (PDF)
      4. How Investment Returns Impact Employer Contribution Rates (PDF) Michele Nix, Scott Terando, Robert Paterson
         1. Attachment 1 (PDF)
      5. Summary of Committee Direction (Verbal Report) Michele Nix
      6. Public Comment
   7. Adjournment of Meeting