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 April 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))

Meeting Agenda for April 20, 2016

9:00 a.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. 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 March 16, 2016 Board of Administration Meeting Minutes
      2. Board Travel Approvals
    6. Consent Items
      Information Consent Items:
      1. Board Meeting Calendar
      2. Draft Agenda for the May 18, 2016 Board of Administration Meeting
      3. General Counsel's Report
      4. Communications and Stakeholder Relations
        1. Attachment 1
        2. Attachment 2
    7. Committee Reports and Actions
      1. Investment CommitteeHenry Jones
      2. Pension & Health Benefits Committee (Oral Report)Priya Mathur
      3. Finance & Administration CommitteeRichard Costigan
      4. Performance, Compensation & Talent Management CommitteeMichael Bilbrey
      5. Risk & Audit CommitteeRon Lind
      6. Board Governance CommitteeBill Slaton
  2. Action Agenda Items
    1. Proposed Decisions of Administrative Law JudgesRob Feckner
      1. Antoinette M. Key
        1. Attachment A
        2. Attachment B
        3. Attachment C
      2. Gracie Jimenez
        1. Attachment A
        2. Attachment B
        3. Attachment C
      3. Andrew Miller
        1. Attachment A
        2. Attachment B
        3. Attachment C
      4. Julieto E. Acedilla
        1. Attachment A
        2. Attachment B
        3. Attachment C
      5. Paul A. Cabacungan
        1. Attachment A
        2. Attachment B
        3. Attachment C
      6. Steven Hubert
        1. Attachment A
        2. Attachment B
        3. Attachment C
      7. Brent Johnston
        1. Attachment A
        2. Attachment B
        3. Attachment C
      8. Eric Faul
        1. Attachment A
        2. Attachment B
        3. Attachment C
      9. Keith Brown
        1. Attachment A
        2. Attachment B
        3. Attachment C
      10. Oscar Fuentes
        1. Attachment A
        2. Attachment B
        3. Attachment C
      11. Bryan Rankin
        1. Attachment A
        2. Attachment B
        3. Attachment C
      12. Yvette Bravo
        1. Attachment A
        2. Attachment B
        3. Attachment C
      13. Paul Mast
        1. Attachment A
        2. Attachment B
        3. Attachment C
      14. James Nicholas
        1. Attachment A
        2. Attachment B
        3. Attachment C
    2. Petitions for ReconsiderationRob Feckner
      1. Diane D. Euer
        1. Attachment A
        2. Attachment B
        3. Attachment C
        4. Attachment D
        5. Attachment E
    3. Full Board HearingRob Feckner
      1. Santa Clara County Health Authority and KathleenKing
        1. Attachment A – Staff's Argument
        2. Attachment B – Respondent Authority’s Argument
        3. Attachment C – Respondent King’s Argument
        4. Attachment D – Procedures for Full Hearings, Notice of Hearing and Proof of Service
        5. Attachment E – February 18, 2016 Board Agenda Item
        6. Attachment F – Transcripts of Administrative Hearing and February 18, 2016 Board Meeting
          1. OAH Hearing Transcript (08/26/15)
          2. Board Meeting Transcript (02/18/16)
        7. Attachment G – CalPERS Exhibits
        8. Attachment H – Respondent Authority’s Exhibits (None Submitted)
        9. Attachment I – Respondent King’s Exhibits
          1. Respondent’s Exhibit List
          2. Respondent’s Exhibit A Part 1
          3. Respondent’s Exhibit A Part 2
          4. Respondent’s Exhibit B
        10. Attachment J –Other Pleadings
          1. Respondent Authority’s Post-Hearing Brief (Exhibit C)
          2. Respondent King’s Opening Brief (Exhibit D)
          3. CalPERS Post Hearing Brief (Exhibit 19)
          4. Respondent Authority's Post-Hearing Reply Brief (Exhibit E)
          5. Respondent King's Reply Brief (Exhibit F)
        11. Declaration of Mark Renner in Support of Conditional Motion for Leave to Supplement the Administrative Record
        12. Conditional Motion for Leave to Supplement the Administrative Record
        13. Notice of Motion and Motion for Leave to Introduce Evidence not Contained in the Administrative Record

Closed Session

    1. Deliberate on Full Board Hearing
      (Government Code section 11126(c)(3))
      1. Santa Clara County Health Authority and Kathleen King

Open Session

    1. Announcement of Action Taken on Full Board Hearing
      1. Santa Clara County Health Authority and Kathleen King
  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
(Government Code sections 11126(a)(1), (e), and (g)(1))

    1. Litigation MattersMatthew Jacobs
      1. In re: City of San Bernardino (U.S. Bankruptcy Court, Central District of CA, No. 2-BK-28006)
      2. Sanchez, et al. v. CalPERS, et al. (Los Angeles County Superior Court, Case No. BC517444)
    2. Chief Executive Officer Search UpdateAnne Stausboll, Laurie Menchaca

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.


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.