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 13, 2017

8:30 am - Closed Session

  1. Agenda Items
    1. Chief Executive Officer's Briefing on Performance, Employment, and Personnel Items
      (Government Code sections 11126(a)(1), (e), and (g)(1))
  2. Litigation Matters
    1. In re: Centinela Capital Partners, LLC v. CalPERS, et al. (Los Angeles Superior Court, No. BC504309); Baez v. CalPERS, et al. (Los Angeles Superior Court, No. BC498010)Matthew Jacobs (Government Code section 11126(e))

Meeting Agenda for February 15, 2017

8:30 am - Closed Session

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

9:00 am - 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)Marcie Frost
      2. Chief Investment Officer's Report (Oral Report)Ted Eliopoulos
    5. Consent Items
      Action Consent Items:Rob Feckner
      1. Approval of the December 21, 2016 Board of Administration Meeting Minutes
      2. Board Travel Approvals
    6. Consent Items
      Information Consent Items:
      1. Board Agenda Item Calendar 2017
      2. Draft Agenda for the March 15, 2017 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 Committee
      2. Pension & Health Benefits Committee
      3. Finance & Administration Committee
      4. Performance, Compensation & Talent Management Committee
        1. Attachment 1
      5. Risk & Audit Committee
      6. Board Governance Committee (Oral Report)
  2. Action Agenda Items
    1. Proposed Decisions of Administrative Law JudgesRob Feckner
      1. Deschelle Walker
        1. Attachment A
        2. Attachment B
        3. Attachment C
      2. Elvenia Faye Carey, Lorraine Hawley and Aspire Public Schools
        1. Attachment A
        2. Attachment B
        3. Attachment C
      3. Rosemary P. Lopez
        1. Attachment A
        2. Attachment B
        3. Attachment C
      4. Laura Williams
        1. Attachment A
        2. Attachment B
        3. Attachment C
      5. Nadine West
        1. Attachment A
        2. Attachment B
        3. Attachment C
      6. Delisa Rios
        1. Attachment A
        2. Attachment B
        3. Attachment C
      7. Christopher B. Marques
        1. Attachment A
        2. Attachment B
        3. Attachment C
      8. James McIlvain
        1. Attachment A
        2. Attachment B
        3. Attachment C
      9. Adam M. Healy
        1. Attachment A
        2. Attachment B
        3. Attachment C
      10. Edgard Gonzalez
        1. Attachment A
        2. Attachment B
        3. Attachment C
      11. Eddie L. Johnson
        1. Attachment A
        2. Attachment B
        3. Attachment C
      12. Gloria Foster
        1. Attachment A
        2. Attachment B
        3. Attachment C
      13. Mark Whitney
        1. Attachment A
        2. Attachment B
        3. Attachment C
      14. Audra Dempsey-Nicholson
        1. Attachment A
        2. Attachment B
        3. Attachment C
      15. Joeseph Ramey
        1. Attachment A
        2. Attachment B
        3. Attachment C
      16. Marlon J. Concepcion
        1. Attachment A
        2. Attachment B
        3. Attachment C
      17. Cher A. Lynch
        1. Attachment A
        2. Attachment B
        3. Attachment C
      18. Tracy Craig
        1. Attachment A
        2. Attachment B
        3. Attachment C
      19. Daniel A. Harp
        1. Attachment A
        2. Attachment B
        3. Attachment C
      20. Carey E. Kelly
        1. Attachment A
        2. Attachment B
        3. Attachment C
      21. Scott Cotteen
        1. Attachment A
        2. Attachment B
        3. Attachment C
      22. Lisa A. Hilder
        1. Attachment A
        2. Attachment B
        3. Attachment C
      23. Terry Morrison
        1. Attachment A
        2. Attachment B
        3. Attachment C
      24. Rhoda K. McCormick
        1. Attachment A
        2. Attachment B
        3. Attachment C
      25. Heidi Lagache
        1. Attachment A
        2. Attachment B
        3. Attachment C
      26. Dina Alexander
        1. Attachment A
        2. Attachment B
        3. Attachment C
      27. Scot Legeman
        1. Attachment A
        2. Attachment B
        3. Attachment C
      28. Patricia Alamilla
        1. Attachment A
        2. Attachment B
        3. Attachment C
      29. Al H. Ghaffari
        1. Attachment A
        2. Attachment B
        3. Attachment C
      30. Virgilio Chua
        1. Attachment A
        2. Attachment B
        3. Attachment C
      31. Anthony Lee
        1. Attachment A
        2. Attachment B
        3. Attachment C
      32. Tadasha Hicks
        1. Attachment A
        2. Attachment B
        3. Attachment C
      33. Richard Ayala
        1. Attachment A
        2. Attachment B
        3. Attachment C
    2. Petitions for ReconsiderationRob Feckner
      1. Elizabeth Hoffman
        1. Attachment A
        2. Attachment B
        3. Attachment C
        4. Attachment D
        5. Attachment E
      2. Dawn M. Brooks
        1. Attachment A
        2. Attachment B
        3. Attachment C
        4. Attachment D
        5. Attachment E
    3. Full Board HearingRob Feckner
      1. Sheldon Scarber
        1. Attachment A – Staff's Argument
        2. Attachment B – Respondent's Argument
        3. Attachment C – Procedures for Full Hearings, Notice of Hearing and Proof of Service
        4. Attachment D – December 21, 2016 Board Agenda Item
        5. Attachment E – Transcripts Of Administrative Hearings and December 21, 2016 Board Meeting
          1. OAH Hearing Transcript (9/15/16)
          2. Board Meeting Transcript (12/21/16)
        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 Cover Page
          2. Respondent's Exhibit A
          3. Respondent's Exhibit C
          4. Respondent's Exhibit D
          5. Respondent's Exhibit F
          6. Respondent's Exhibit G
          7. Respondent's Exhibit H
          8. Respondent's Exhibit I
          9. Respondent's Exhibit N
        8. Attachment H – Pleadings
          1. Respondent's Motion to Seal Records
          2. Opposition to Motion to Seal Records
          3. Order Sealing Records

Closed Session

    1. Deliberate on Full Board Hearing
      (Government Code section 11126(c)(3))
      1. Sheldon Scarber

Open Session

    1. Take Action on Full Board Hearing
      1. Sheldon Scarber
    1. Full Board HearingRob Feckner
      1. Paul Mast
        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
        4. Attachment D – April 20, 2016 Board Agenda Item
        5. Attachment E – December 21, 2016 Board Agenda Item
        6. Attachment F – Transcripts of Administrative Hearing and April 20, 2016 and December 21, 2016 Board Meetings
          1. OAH Hearing Transcript (11/30/15)
          2. Board Meeting Transcript (4/20/16)
          3. Board Meeting Transcript (12/21/16)
        7. Attachment G – JRS Exhibits
          1. JRS Exhibit List
          2. JRS Exhibit 1
          3. JRS Exhibit 3
          4. JRS Exhibit 5
          5. JRS Exhibit 6
          6. JRS Exhibit 7
          7. JRS Exhibit 8
          8. JRS Exhibit 9
          9. JRS Exhibit 11
          10. JRS Exhibit 12
          11. JRS Exhibit 13
          12. JRS Exhibit 14
          13. JRS Exhibit 15
          14. JRS Exhibit 16
          15. JRS Exhibit 17
          16. JRS Exhibit 18
          17. JRS Exhibit 20
          18. JRS Exhibit 21
          19. JRS Exhibit 22
          20. JRS Exhibit 23
          21. JRS Exhibit 24
          22. JRS Exhibit 25
          23. JRS Exhibit 26
          24. JRS Exhibit 27
          25. JRS Exhibit 28
          26. JRS Exhibit 29
          27. JRS Exhibit 30
          28. JRS Exhibit 31
          29. JRS Exhibit 32
          30. JRS Exhibit 33
          31. JRS Exhibit 34
        8. Attachment H – Respondent's Exhibits
          1. Respondent's Exhibit List
          2. Respondent's Exhibit A
          3. Respondent's Exhibit B
          4. Respondent's Exhibit E
          5. Respondent's Exhibit F
          6. Respondent's Exhibit I
          7. Respondent's Exhibit J
          8. Respondent's Exhibit K
          9. Respondent's Exhibit L
          10. Respondent's Exhibit M
          11. Respondent's Exhibit N
          12. Respondent's Exhibit O
          13. Respondent's Exhibit P
          14. Respondent's Exhibit Q
          15. Respondent's Exhibit R
          16. Respondent's Exhibit S
          17. Respondent's Exhibit T
          18. Respondent's Exhibit U
          19. Respondent's Exhibit V
          20. Respondent's Exhibit W
          21. Respondent's Exhibit X
          22. Respondent's Exhibit Y
          23. Respondent's Exhibit Z
          24. Respondent's Exhibit AA
          25. Respondent's Exhibit BB
          26. Respondent's Exhibit CC
          27. Respondent's Exhibit DD
          28. Respondent's Exhibit EE
          29. Respondent's Exhibit FF
          30. Respondent's Exhibit GG
          31. Respondent's Exhibit HH
          32. Respondent's Exhibit II
          33. Respondent's Exhibit JJ
          34. Respondent's Exhibit KK
        9. Attachment I – Pleadings
          1. Notice of Telephonic Trial Setting Conference
          2. Telephonic Trial Setting Conference Order
          3. Notice of Hearing on Remand
          4. Brief of the Judges' Retirement System on Remand
          5. Declaration of Jeffrey R. Rieger
          6. Declaration of Pamela Montgomery
          7. Respondent's Reply Brief
          8. Declaration of Paul G. Mast
          9. Telephonic Status Conference Order
          10. Pre-hearing Order Vacating August 19, 2016 Hearing Date

Closed Session

    1. Deliberate on Full Board Hearing
      (Government Code section 11126(c)(3))
      1. Paul Mast

Open Session

    1. Take Action on Full Board Hearing
      1. Paul Mast
  1. Information Agenda Items
    1. State and Federal Legislation UpdateMary Anne Ashley
      1. Attachment 1
    2. Summary of Board Direction (Oral Report)Marcie Frost
    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)

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.
  4. Board Members may attend meetings of committees of which they are not members and participate in the discussions during those meetings.


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.