The CalPERS Board of Administration considers recommendations from individual Board committees and hears other matters related to the administration of retirement benefits and investment management.

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

Meeting Agenda for September 15, 2015

8:30 a.m. - Closed Session

Chief Executive Officer's Briefing on Performance, Employment, and Personnel Issues
Gov. Code sections 11126(a)(1), (e), and (g)(1))

Meeting Agenda for September 16, 2015

11:00 a.m. - Open Session

Or Upon Adjournment or Recess of the Risk & Audit Committee Closed Session, Whichever is Later

    1. Convening Into Closed Session

Closed Session

Upon Adjournment or Recess of Open Session

Gov. Code section 11126(c)(18)(A))

    2. Approval to Meet in Closed Session Pursuant to Government Code Section 11126(c)(18)(A)

    3. Overview of CalPERS Investigation Unit Kristi Griffiths

Meeting Agenda for September 17, 2015

8:30 a.m. - Closed Session

    Chief Executive Officer's Briefing on Performance, Employment, and Personnel Issues
    (Gov. Code sections 11126(a)(1), (e), and (g)(1))

9:00 a.m. - Open Session

Or Upon Adjournment or Recess of Board Closed Session, Whichever is Later

  1. Agenda Items
    1. Call to Order and Roll Call
    2. Pledge of Allegiance
    3. Board President's Report (Oral Report) Rob Feckner
    4. Executive Reports
      1. Chief Executive Officer's Report (Oral Report) Anne Stausboll
      2. Chief Investment Officer's Report (Oral Report) Ted Eliopoulos
    5. Consent Items
      Action Consent Items:Rob Feckner
      1. Approval of the August 19, 2015 Board of Administration Meeting Minutes
      2. Board Travel Approvals
    6. Consent Items
      Information Consent Items:
      1. Board Meeting Calendar
      2. Draft Agenda for the October 21, 2015 Board of Administration Meeting
      3. General Counsel's Report
      4. External Affairs Report
        1. Attachment 1
        2. Attachment 2
        3. Attachment 3
    7. Committee Reports and Actions
      1. Investment Committee Henry Jones
      2. Pension & Health Benefits Committee (Oral Report) Priya Mathur
      3. Finance & Administration Committee (Oral Report) Richard Costigan
      4. Performance, Compensation & Talent Management Committee Michael Bilbrey
      5. Risk & Audit Committee Ron Lind
      6. Board Governance Committee (Oral Report) Bill Slaton
  2. Action Agenda Items
    1. Proposed Decisions of Adminitrative Law Judges Rob Feckner
      1. Elisa Manzo
        1. Attachment A
        2. Attachment B
        3. Attachment C
      2. David Galloway
        1. Attachment A
        2. Attachment B
        3. Attachment C
      3. Michelle Boyer
        1. Attachment A
        2. Attachment B
        3. Attachment C
      4. Robert B. Paxton, M.D., Howard M. Skopec, M.D., Danilo V. Lucila, M.D. (Consolidated)
        1. Attachment A
        2. Attachment B
        3. Attachment C
      5. Jamela L. Bonner
        1. Attachment A
        2. Attachment B
        3. Attachment C
      6. Dohn V. Salvador
        1. Attachment A
        2. Attachment B
        3. Attachment C
      7. Toni Reynolds
        1. Attachment A
        2. Attachment B
        3. Attachment C
      8. Bruce Malkenhorst
        1. Attachment A
        2. Attachment B
        3. Attachment C
      9. Evello Fernando
        1. Attachment A
        2. Attachment B
        3. Attachment C
      10. Diane E. Martin
        1. Attachment A
        2. Attachment B
        3. Attachment C
      11. Gloria Hannah
        1. Attachment A
        2. Attachment B
        3. Attachment C
    2. Final Proposed Regulation for Payment of Interest Donna Lum
      1. Attachment 1
      2. Attachment 2
      3. Attachment 3
      4. Attachment 4
  3. Information Agenda Items
    1. State Legislation Update Scot Blackledge
      1. Attachment 1
    2. Public Comment

Closed Session

Upon Adjournment or Recess of Open Session

    1. Litigation Matters (Gov. Code section 11126(e)) Matthew Jacobs
      1. In re: City of Stockton (U.S. Bankruptcy Court, Eastern District of CA, No. 12-32118); In re: City of San Bernardino (U.S. Bankruptcy Court, Central District of CA, No. 2-BK-28006)
      2. Potential Litigation - Investment Matter
      3. Potential Litigation - Contract Dispute
      4. CalPERS v. Moody's Corp., (San Francisco Superior Court, Case No. CGC-09-490241)
      5. Marzec, et al. v. CalPERS, et al., (Los Angeles County Superior Court Case Nos. BC461887, BC480695)
    2. Review of 2014-2015 Performance: Chief Executive Officer; Review of Chief Executive Officer's Direct Reports: Chief Investment Officer, Chief Actuary, General Counsel and Chief Financial Officer (Gov. Code section 11126(a)(1) and (g)(1))

1:00 p.m. - Open Session

Or Upon Adjournment or Recess of the Board Governance Committee, Whichever is Later

    Board Education Program: Internal Controls, Financial Reporting and Audits Cheryl Eason, Dr. Robert Yetman, UC Davis Graduate School of Management

Notes

  1. Items designated for Information are appropriate for Board Action if the Board 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 3-minute limitation on each public comment, unless otherwise directed by the Board President.
  4. The Board may adjourn into Closed Session to deliberate on any Proposed Decision(s) or Petition(s) for Reconsideration.


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.