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 February 16, 2016

8:30 a.m. - Closed Session

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

Meeting Agenda for February 17, 2016

2:00 p.m. - Open Session

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

  1. Agenda Items
    1. Call to Order and Roll Call
    2. Approval to Meet in Closed Session Pursuant to Government Code Section 11126(c)(18)(A)

Closed Session

Upon Adjournment or Recess of Open Session

    1. Cyber and Physical Security Briefing
      (Government Code section 11126(c)(18)(A))Doug Hoffner, Liana Bailey-Crimmins, Kim Malm, Tony Kim, Orrick, Herrington & Sutcliffe
    2. CEO Search Process
      (Government Code sections 11126(a)(1), (e), and (g)(1))Anne Stausboll, Laurie Menchaca

Meeting Agenda for February 18, 2016

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 December 16, 2015 Board of Administration Meeting Minutes and January 19-21, 2016 Offsite Board of Administration Meeting Minutes
      2. Board Travel Approvals
    6. Consent Items
      Information Consent Items:
      1. Board Meeting Calendar
      2. Draft Agenda for March 16, 2016 Board of Administration Meeting
      3. General Counsel's Report
      4. Communications and Stakeholder Relations Report
        1. Attachment 1
        2. Attachment 2
    7. Committee Reports and Actions
      1. Investment CommitteeHenry Jones
      2. Pension & Health Benefits Committee Priya Mathur
      3. Finance & Administration Committee Richard Costigan
      4. Performance, Compensation &Talent Management Committee (Oral Report)Michael Bilbrey
      5. Risk and Audit Committee (Oral Report) Ron Lind
      6. Board Governance Committee Bill Slaton
  2. Action Agenda Items
    1. Proposed Decisions of Administrative Law Judges Rob Feckner
      1. Tom Walters
        1. Attachment A
        2. Attachment B
        3. Attachment C
      2. Patrick J. Campbell
        1. Attachment A
        2. Attachment B
        3. Attachment C
      3. Luz Lopez
        1. Attachment A
        2. Attachment B
        3. Attachment C
      4. Gwendolyn Lewis-Parker
        1. Attachment A
        2. Attachment B
        3. Attachment C
      5. Nila Job
        1. Attachment A
        2. Attachment B
        3. Attachment C
      6. Martha G. Haywood
        1. Attachment A
        2. Attachment B
        3. Attachment C
      7. Jerry Dean Beasley
        1. Attachment A
        2. Attachment B
        3. Attachment C
      8. Scott Casadona
        1. Attachment A
        2. Attachment B
        3. Attachment C
      9. Richard Montre
        1. Attachment A
        2. Attachment B
        3. Attachment C
      10. Deborah L. Buchko
        1. Attachment A
        2. Attachment B
        3. Attachment C
      11. Timothy C. Stadler (Larrie Ciano)
        1. Attachment A
        2. Attachment B
        3. Attachment C
      12. Mike V. Perez
        1. Attachment A
        2. Attachment B
        3. Attachment C
      13. Santa Clara County and Kathleen King
        1. Attachment A
        2. Attachment B
        3. Attachment C
      14. Merry Grisak
        1. Attachment A
        2. Attachment B
        3. Attachment C
      15. Brandy LeChuga-Falk (Thomas LeChuga)
        1. Attachment A
        2. Attachment B
        3. Attachment C
      16. Mei Kwee
        1. Attachment A
        2. Attachment B
        3. Attachment C
      17. Sandra Lombella Adams
        1. Attachment A
        2. Attachment B
        3. Attachment C
      18. Diane Euer
        1. Attachment A
        2. Attachment B
        3. Attachment C
      19. David Grewing
        1. Attachment A
        2. Attachment B
        3. Attachment C
      20. Nicholas Rodriguez
        1. Attachment A
        2. Attachment B
        3. Attachment C
      21. Jolie Caughey (Donald Caughey)
        1. Attachment A
        2. Attachment B
        3. Attachment C
      22. Perry Leffler
        1. Attachment A
        2. Attachment B
        3. Attachment C
      23. Gere Sibbach
        1. Attachment A
        2. Attachment B
        3. Attachment C
      24. Madhu Ghuman
        1. Attachment A
        2. Attachment B
        3. Attachment C
      25. Christine Yaple (David Yaple)
        1. Attachment A
        2. Attachment B
        3. Attachment C
      26. Kristen Del Carlo
        1. Attachment A
        2. Attachment B
        3. Attachment C
      27. Stephanie Lamb
        1. Attachment A
        2. Attachment B
        3. Attachment C
      28. Beverly Powers
        1. Attachment A
        2. Attachment B
        3. Attachment C
      29. Kevin Davey
        1. Attachment A
        2. Attachment B
        3. Attachment C
      30. Vincent Miller
        1. Attachment A
        2. Attachment B
        3. Attachment C
      31. Salma Juarez
        1. Attachment A
        2. Attachment B
        3. Attachment C
      32. William Johnson
        1. Attachment A
        2. Attachment B
        3. Attachment C
      33. Crystal Bickford (William Varnado)
        1. Attachment A
        2. Attachment B
        3. Attachment C
      34. Denise Hunt-Bangoli (James Davey)
        1. Attachment A
        2. Attachment B
        3. Attachment C
    2. Petitions for Reconsideration Rob Feckner
      1. Marcos Rivera
        1. Attachment A
        2. Attachment B
        3. Attachment C
        4. Attachment D
        5. Attachment E
      2. Stacy Bridges
        1. Attachment A
        2. Attachment B
        3. Attachment C
        4. Attachment D
        5. Attachment E
    3. Full Board HearingRob Feckner
      1. Timothy Bacon, Darryl Hurt (Consolidated)
        1. Attachment A – Staff's Argument
        2. Attachment B – Respondent(s) Argument(s)
        3. Attachment C – Procedures for Full Hearing, Notice of Hearing and Proof of Service
        4. Attachment D – December 16, 2015 Board Agenda Item
        5. Attachment E – Transcripts of Administrative Hearing and December 16, 2015 Board Meeting
          1. OAH Hearing Transcript
          2. Board Meeting Transcript (12/16/15)
        6. Attachment F – CalPERS Exhibits
          1. CalPERS Exhibit List
          2. CalPERS Exhibits
        7. Attachment G – Bacon/Hurt Exhibits
          1. Bacon/Hurt Exhibit List
          2. Bacon/Hurt Exhibits
        8. Attachment H – Additional Pleadings Filed Prior To Closure of the Record

Closed Session

    1. Deliberate on Full Board Hearing
      (Government Code section 11126(c)(3))
      1. Timothy Bacon, Darryl Hurt (Consolidated)

Open Session

    1. Announcement of Action Taken on Full Board Hearing
      1. Timothy Bacon, Darryl Hurt (Consolidated)
  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 San Bernardino (U.S. Bankruptcy Court, Central District of CA, No. 2-BK-28006)
      2. Kesterson, et al. v. CalPERS, et al. (Los Angeles County Superior Court, Case No. BC502628)
      3. CalPERS v. Moody's Corp. (San Francisco Superior Court, Case No CGC-09-490241)
      4. Potential Litigation – Contract Dispute
      5. Potential Litigation – Investment Matter
      6. Sanchez, et al. v. CalPERS, et al. (Los Angeles County Superior Court, Case No. BC517444)
      7. Mallano v. Chiang (Los Angeles Superior Court, Case No. BC533770)
      8. Potential Litigation – Administrative Hearing 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.