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 December 14, 2015

8:30 a.m. - Closed Session

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

Meeting Agenda for December 16, 2015

8:30 a.m. - Closed Session

Chief Executive Officer's Briefing on Performance, Employment, and Personnel Issues
(Government 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 November 18, 2015 Board of Administration Meeting Minutes
      2. Board Travel Approvals
    6. Consent Items
      Information Consent Items:
      1. Board Meeting Calendar
      2. Draft Agenda for February 18, 2016 Board of Administration Meeting
      3. General Counsel's Report
        1. Attachment A
      4. Communications and Stakeholder Relations Report
        1. Attachment 1
        2. Attachment 2
    7. Committee Reports and Actions
      1. Investment Committee Henry Jones
      2. Pension & Health Benefits Committee Priya Mathur
      3. Finance & Administration Committee Richard Costigan
      4. Performance, Compensation &Talent Management Committee Michael Bilbrey
      5. Risk & Audit Committee (Oral Report)Ron Lind
      6. Board Governance Committee Bill Slaton
  2. Action Agenda Items
    1. Proposed Decisions of Administrative Law JudgesRob Feckner
      1. Ava A. Schrepel
        1. Attachment A
        2. Attachment B
        3. Attachment C
      2. Josephine Okwu
        1. Attachment A
        2. Attachment B
        3. Attachment C
      3. Meinert C. Toberer
        1. Attachment A
        2. Attachment B
        3. Attachment C
      4. Bahram Z. Foadi
        1. Attachment A
        2. Attachment B
        3. Attachment C
      5. May Lloyd
        1. Attachment A
        2. Attachment B
        3. Attachment C
      6. Mary Eugene Gomez
        1. Attachment A
        2. Attachment B
        3. Attachment C
      7. Darryl Hurt, Timothy Bacon (Consolidated)
        1. Attachment A
        2. Attachment B
        3. Attachment C
      8. Marcos Rivera
        1. Attachment A
        2. Attachment B
        3. Attachment C
      9. Stacy A. Bridges
        1. Attachment A
        2. Attachment B
        3. Attachment C
      10. Cyndee McKelvie
        1. Attachment A
        2. Attachment B
        3. Attachment C
      11. Brenda Noel
        1. Attachment A
        2. Attachment B
        3. Attachment C
      12. John T. Decker
        1. Attachment A
        2. Attachment B
        3. Attachment C
      13. Adekunle M. Aderonmu
        1. Attachment A
        2. Attachment B
        3. Attachment C
      14. Rebecca Fogle
        1. Attachment A
        2. Attachment B
        3. Attachment C
      15. Erlinda Velasquez
        1. Attachment A
        2. Attachment B
        3. Attachment C
    2. Petitions for ReconsiderationRob Feckner
      1. David Wheeler
        1. Attachment A
        2. Attachment B
        3. Attachment C
        4. Attachment D
        5. Attachment E
      2. Carlotta Luna
        1. Attachment A
        2. Attachment B
        3. Attachment C
        4. Attachment D
        5. Attachment E
      3. Roberta Almeida
        1. Attachment A
        2. Attachment B
        3. Attachment C
        4. Attachment D
        5. Attachment E
      4. Simin Shirazi
        1. Attachment A
        2. Attachment B
        3. Attachment C
        4. Attachment D
        5. Attachment E
    3. Full Board Decision – Bruce MalkenhorstRob Feckner
      1. Attachment A
      2. Attachment B
    4. Full Board HearingsRob Feckner
      1. Richard Lewis
        1. Attachment A – Staff's Argument
        2. Attachment B – Respondent's Argument
        3. Attachment C – Procedures for Full Hearing, Notice of Hearing and Proof of Service
          1. Notice of Hearing
          2. Time Limitations for Full Board Hearing
        4. Attachment D – October 21, 2015 Board Agenda Item
        5. Attachment E – Transcripts of Administrative Hearing and October 21, 2015 Board Meeting
          1. OAH Hearing Transcript (10/13/14)
          2. OAH Hearing Transcript (10/14/14)
          3. OAH Hearing Transcript (02/25/15)
          4. OAH Hearing Transcript (02/26/15)
          5. Board Meeting Transcript (10/21/15)
        6. Attachment F – CalPERS Exhibits
          1. CalPERS Exhibit List
          2. CalPERS Exhibit 1
          3. CalPERS Exhibit 2
          4. CalPERS Exhibit 3
          5. CalPERS Exhibit 4
          6. CalPERS Exhibit 5
          7. CalPERS Exhibit 6
          8. CalPERS Exhibit 7
          9. CalPERS Exhibit 8
          10. CalPERS Exhibit 9
          11. CalPERS Exhibit 10
          12. CalPERS Exhibit 11
          13. CalPERS Exhibit 12
          14. CalPERS Exhibit 13
          15. CalPERS Exhibit 14
          16. CalPERS Exhibit 15
          17. CalPERS Exhibit 16
          18. CalPERS Exhibit 17
          19. CalPERS Exhibit 18
          20. CalPERS Exhibit 19
          21. CalPERS Exhibit 20
          22. CalPERS Exhibit 21
          23. CalPERS Exhibit 22
        7. Attachment G – Respondent's Exhibits
          1. Respondent's Exhibit List
          2. Respondent's Exhibit 1
          3. Respondent's Exhibit 2
          4. Respondent's Exhibit 3
          5. Respondent's Exhibit 4
          6. Respondent's Exhibit 5
          7. Respondent's Exhibit 6
          8. Respondent's Exhibit 7
          9. Respondent's Exhibit 8
          10. Respondent's Exhibit 9
          11. Respondent's Exhibit 10
          12. Respondent's Exhibit 11
          13. Respondent's Exhibit 12
          14. Respondent's Exhibit 13
          15. Respondent's Exhibit 14
          16. Respondent's Exhibit 15
          17. Respondent's Exhibit 16
          18. Respondent's Exhibit 17
          19. Respondent's Exhibit 18
          20. Respondent's Exhibit 19
          21. Respondent's Exhibit 20
          22. Respondent's Exhibit 21
          23. Respondent's Exhibit 22
          24. Respondent's Exhibit 23
          25. Respondent's Exhibit 24
          26. Respondent's Exhibit 25
          27. Respondent's Exhibit 26
          28. Respondent's Exhibit 27
          29. Respondent's Exhibit 28
          30. Respondent's Exhibit 29
          31. Respondent's Exhibit 30
          32. Respondent's Exhibit 31
          33. Respondent's Exhibit 32
          34. Respondent's Exhibit 33
          35. Respondent's Exhibit 34
          36. Respondent's Exhibit 35
          37. Respondent's Exhibit 36
          38. Respondent's Exhibit 37
          39. Respondent's Exhibit 38
          40. Respondent's Exhibit 39
          41. Respondent's Exhibit 40
          42. Respondent's Exhibit 41
          43. Respondent's Exhibit 42
          44. Respondent's Exhibit 43
          45. Respondent's Exhibit 44
          46. Respondent's Exhibit 45
          47. Respondent's Exhibit 46
          48. Respondent's Exhibit 47
        8. Attachment H – Pleadings and Other Court Filings
          1. Summons Complaint
          2. Defendants' Motion for Summary Judgment
          3. Plantiff's Notice of Motion and Motion for Writ of Mandate
          4. Defendants' Opposition to Motion for Writ of Mandate; Declarations of James Odlum and Stephanie Easland
          5. Richard Lewis' Notice and Motion Regarding Jurisdictional Challenge
          6. Richard Lewis' Notice of Defense Re CalPERS' Denial of Pension Benefits
          7. CalPERS' Opposition to Respondent Lewis' Motion Re Jurisdictional Challenges
          8. Richard Lewis' Motion to Hear His Collateral Estoppel/Res Judicata Claims at the Outset of the Hearing
          9. Richard Lewis' Post Hearing Brief (Exhibit A)
          10. CalPERS Closing Brief (Exhibit B)
          11. CalPERS' Request for Official Notice (Gov. Code Section 11515) (Exhibit C)
          12. Declaration of Richard Lewis and Richard Lewis' Motion to Strike CalPERS Request for Official and Judicial Notice (Exhibit D)
          13. CalPERS Response to Respondent Richard Lewis' Purported Motion to Strike CalPERS' Request for Official Notice (Exhibit E)
          14. Richard Lewis' Reply Brief (Exhibit F)
          15. CalPERS Reply Brief (Exhibit G)
          16. Respondent Richard Lewis' Request for Judicial and Official Notice
        9. Attachment I – Orders
          1. Order Granting in Part and Denying in Part Defendant's Motion for Summary Judgment and Denying Plaintiffs' Motion for a Writ of Mandate
          2. Order Adding Additional Trial Date and Changing Location of Hearing
          3. Order Denying "Motion Regarding Jurisdictional Challenge" Filed by Respondent Richard Lewis
          4. Order Denying Richard Lewis's Motion to Present His Collateral Estoppel/Res Judicata Claims at the Outset of the Hearing
          5. Order Setting Telephonic Status Conference
          6. Order Granting Parties' Request for Additional Time to File Written Closing Arguments
      2. Christine Londo
        1. Attachment A – Staff's Argument
        2. Attachment B – Respondent's Argument
        3. Attachment C – Procedures for Full Hearing, Notice of Hearing and Proof of Service
          1. Notice of Hearing
          2. Amended Notice of Hearing
          3. Notice of a Change to the Time Limitations at the Full Board Hearing
        4. Attachment D – March 18, 2015 and October 21, 2015 Board Agenda Items
          1. Agenda Item (03/18/15)
          2. Agenda Item (10/21/15)
        5. Attachment E – Transcripts of Administrative Hearings and March 18, 2015 and October 21, 2015 Board Meetings
          1. OAH Hearing Transcript (11/05/14)
          2. Board Meeting Transcript (03/18/15)
          3. OAH Hearing Transcript (07/31/15)
          4. Board Meeting Transcript (10/21/15)
        6. Attachment F – CalPERS Exhibits
          1. CalPERS Exhibit List
          2. CalPERS Exhibit 1
          3. CalPERS Exhibit 2
          4. CalPERS Exhibit 3
          5. CalPERS Exhibit 4
          6. CalPERS Exhibit 5
          7. CalPERS Exhibit 6
          8. CalPERS Exhibit 7
          9. CalPERS Exhibit 8
          10. CalPERS Exhibit 9
          11. CalPERS Exhibit 10
          12. CalPERS Exhibit 11
          13. CalPERS Exhibit 12
          14. CalPERS Exhibit 13
          15. CalPERS Exhibit 14
          16. CalPERS Exhibit 15
          17. CalPERS Exhibit 16
          18. CalPERS Exhibit 17
        7. Attachment G – Respondent's Exhibits
          1. Respondent's Exhibit List
          2. Respondent's Exhibit A
          3. Respondent's Exhibit B
          4. Respondent's Exhibit C
          5. Respondent's Exhibit D
          6. Respondent's Exhibit E
        8. Attachment H – Pleadings
          1. Notice of Remand and Order Thereon
          2. Notice of Telephonic Trial Setting Conference
          3. Telephonic Trial Setting Conference Order; Notice of Hearings on Remand Via Telephonic Oral Argument

Closed Session

    1. Deliberate on Full Board Hearings
      (Government Code section 11126(c)(3))
      1. Richard Lewis
      2. Christine Londo

Open Session

    1. Announcement of Action Taken on Full Board Hearings
      1. Richard Lewis
      2. Christine Londo
  1. Information Agenda Items
    1. State Legislation UpdateMary Anne Ashley
      1. Attachment 1
    2. Summary of Board Direction (Oral Report)Anne Stausboll
    3. Public Comment

Closed Session

Upon Adjournment or Recess of Open Session

    1. Litigation Matters (Government 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. McGlynn v. State of California, et al. (San Francisco Superior Court, Case No. CPF-514052)
      3. Sanchez, et al. v. CalPERS, et al. (Los Angeles County Superior Court No. BC517444)
      4. Potential Litigation – Insolvent Agencies
      5. Potential Litigation – Securities Matter

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.