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 18, 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))

Meeting Agenda for September 20, 2017

8:30 am - Closed Session
(Government Code sections 11126(a)(1), (e), and (g)(1))

  1. Agenda Items
    1. Chief Executive Officer's Briefing on Performance, Employment, and Personnel Items
    2. Review of 2016-17 Performance: Chief Executive Officer
    3. Review of 2016-17 Performance: Chief Investment Officer
    4. Review of 2016-17 Performance: Chief Actuary and General Counsel
    5. Chief Executive Officer's Report of 2016-17 Performance: Chief Operating Investment Officer, Managing Investment Directors, Investment Directors, Investment Managers, and Associate Investment Managers

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
    5. Consent Items
      Action Consent Items:Rob Feckner
      1. Approval of the August 16, 2017 Board of Administration Meeting Minutes
      2. Board Travel Approvals
    6. Consent Items
      Information Consent Items:
      1. Board Agenda Item Calendar 2017/2018
      2. Draft Agenda for the November 15, 2017 Board of Administration Meeting
      3. General Counsel's Report
        1. Attachment A
      4. Communications and Stakeholder Relations
        1. Attachment 1
        2. Attachment 2
    7. Committee Reports and Actions
      1. Investment CommitteeHenry Jones
      2. Pension & Health Benefits CommitteePriya Mathur
      3. Finance & Administration CommitteeRichard Costigan
      4. Performance, Compensation & Talent Management CommitteeMichael Bilbrey
      5. Risk & Audit CommitteeDana Hollinger
      6. Board Governance Committee (Oral Report)Theresa Taylor
  2. Action Agenda Items
    1. Proposed Decisions of Administrative Law JudgesRob Feckner
      1. Anqunette L. Flemmings
        1. Attachment A
        2. Attachment B
        3. Attachment C
      2. Gary L. Fief
        1. Attachment A
        2. Attachment B
        3. Attachment C
      3. Carol R. Morrison
        1. Attachment A
        2. Attachment B
        3. Attachment C
      4. Burt Hirschfeld
        1. Attachment A
        2. Attachment B
        3. Attachment C
      5. Thomas Durden
        1. Attachment A
        2. Attachment B
        3. Attachment C
      6. Michael S. Donaldson
        1. Attachment A
        2. Attachment B
        3. Attachment C
      7. Randy W. Ellis
        1. Attachment A
        2. Attachment B
        3. Attachment C
      8. Hossein Sotoodeh-Tehrani
        1. Attachment A
        2. Attachment B
        3. Attachment C
      9. Santosh Kumari
        1. Attachment A
        2. Attachment B
        3. Attachment C
      10. Esmeralda Esquivel
        1. Attachment A
        2. Attachment B
        3. Attachment C
      11. Clyde Wills
        1. Attachment A
        2. Attachment B
        3. Attachment C
      12. Charles Rabaut
        1. Attachment A
        2. Attachment B
        3. Attachment C
      13. Lisa Pope
        1. Attachment A
        2. Attachment B
        3. Attachment C
    2. Petitions for ReconsiderationRob Feckner
      1. Joseph Ruiz
        1. Attachment A
        2. Attachment B
        3. Attachment C
        4. Attachment D
        5. Attachment E
      2. Steve Mitzner
        1. Attachment A
        2. Attachment B
        3. Attachment C
        4. Attachment D
        5. Attachment E
      3. Vera Elliott
        1. Attachment A
        2. Attachment B
        3. Attachment C
        4. Attachment D
        5. Attachment E
      4. Peter Wessel
        1. Attachment A
        2. Attachment B
        3. Attachment C
        4. Attachment D
        5. Attachment E
      5. Karin Cervantes
        1. Attachment A
        2. Attachment B
        3. Attachment C
        4. Attachment D
        5. Attachment E
      6. Linda Mosley
        1. Attachment A
        2. Attachment B
        3. Attachment C
        4. Attachment D
        5. Attachment E
      7. Tammy Warner
        1. Attachment A
        2. Attachment B
        3. Attachment C
        4. Attachment D
        5. Attachment E
      8. Melina Riebling
        1. Attachment A
        2. Attachment B
        3. Attachment C
        4. Attachment D
        5. Attachment E
      9. Aaron Hanson
        1. Attachment A
        2. Attachment B
        3. Attachment C
        4. Attachment D
        5. Attachment E
  3. 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), (c)(16), (e), and (g)(1))

  1. Agenda Items
    1. Call to Order and Roll CallRob Feckner
    2. Approval of the August 16, 2017 Board of Administration Closed Session Meeting Minutes
    3. Litigation MattersMatthew Jacobs
      1. Potential Litigation – Intellectual Property Matter
      2. Cal Fire Local 2881 v. CalPERS, Case No. S239958 (Cal. Supreme Court)
    4. Investment Strategy Session with Board Independent ConsultantsHenry Jones

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. (Cal. Code Regs., tit. 2, § 552.1.)
  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.