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 November 13, 2018

Closed Session

8:30 a.m.

  1. Item
    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 November 15, 2018

View Open Session Meeting Transcript (PDF)

Closed Session

8:30 a.m.
(Government Code sections 11126(a)(1), (e), and (g)(1))

  1. Agenda Items
    1. Chief Executive Officer's Briefing on Performance, Employment, and Personnel Issues
    2. Committee Reports and Actions

Open Session

9:00 a.m.
Or upon adjournment of the Closed Session – Whichever is later

  1. Item
    1. Call to Order and Roll Call (PDF)
    2. Approval of the November 15, 2018 Board of Administration Timed Agenda (PDF)
    3. Pledge of Allegiance (Oral Report)Priya Mathur
    4. Board President's Report (Oral Report)Priya Mathur
    5. Chief Executive Officer's Report (Oral Report)Marcie Frost
    6. Action Consent ItemsPriya Mathur
      1. Approval of the August 14, 2018 and September 26, 2018 Board of Administration Meeting Minutes (PDF)
      2. Board Travel Approvals (PDF)
    7. Information Consent ItemsPriya Mathur
      1. Board Meeting Calendar (PDF)
      2. Draft Agenda for the December 19, 2018 Board of Administration Meeting (PDF)
      3. General Counsel's Report (PDF)
        1. Attachment 1 (PDF)
      4. Communications and Stakeholder Relations (PDF)
        1. Attachment 1 (PDF)
        2. Attachment 2 (PDF)
    8. Committee Reports and Actions
      1. Investment Committee (PDF)Henry Jones
      2. Pension & Health Benefits Committee (PDF)Rob Feckner
        1. Attachment 1 (PDF)
      3. Finance & Administration Committee (PDF)Theresa Taylor
      4. Performance, Compensation & Talent Management Committee (Oral Report)Bill Slaton
      5. Risk & Audit Committee (PDF)Dana Hollinger
      6. Board Governance Committee (Oral Report)Priya Mathur
    9. Action Agenda Items
      1. Proposed Decisions of Administrative Law Judges (PDF)Priya Mathur
        1. Patrick Roach
          1. Attachment A
          2. Attachment B
          3. Attachment C
        2. Veronica Rabanal
          1. Attachment A
          2. Attachment B
          3. Attachment C
        3. Mark L. Wheeler, Thomas R. Valdez, John M. Lopez, Larry D. Blackwell & Garry G. Cohoe (consolidated)
          1. Attachment A
          2. Attachment B
          3. Attachment C
        4. Brian A. Dalhover
          1. Attachment A
          2. Attachment B
          3. Attachment C
        5. Lisa Frederiksen (Kanna S. Birkeland (dec.).)
          1. Attachment A
          2. Attachment B
          3. Attachment C
        6. Victoria V. Amero
          1. Attachment A
          2. Attachment B
          3. Attachment C
        7. Sherry L. Mata
          1. Attachment A
          2. Attachment B
          3. Attachment C
        8. Kimberly Halla
          1. Attachment A
          2. Attachment B
          3. Attachment C
        9. Darren Sims
          1. Attachment A
          2. Attachment B
          3. Attachment C
        10. Charles A. Therrien
          1. Attachment A
          2. Attachment B
          3. Attachment C
        11. Sarah M. Thompson
          1. Attachment A
          2. Attachment B
          3. Attachment C
        12. Ian W. Pickett
          1. Attachment A
          2. Attachment B
          3. Attachment C
        13. Marcus R. Tincher
          1. Attachment A
          2. Attachment B
          3. Attachment C
        14. Derrick L. McGaskey
          1. Attachment A
          2. Attachment B
          3. Attachment C
        15. Joel J. Violett
          1. Attachment A
          2. Attachment B
          3. Attachment C
        16. Violet G. Nielsen (Rolland Nielsen (dec.).)
          1. Attachment A
          2. Attachment B
          3. Attachment C
        17. Anthony Perez
          1. Attachment A
          2. Attachment B
          3. Attachment C
      2. Petitions for Reconsideration (PDF)Priya Mathur
        1. Paul B. Sheffield
          1. Attachment A
          2. Attachment B
          3. Attachment C
          4. Attachment D
          5. Attachment E
        2. Sigrid O. Lintag
          1. Attachment A
          2. Attachment B
          3. Attachment C
          4. Attachment D
          5. Attachment E
    10. Full Board HearingPriya Mathur
      1. Encina Wastewater Authority/San Elijo Joint Powers Authority (consolidated matter)
        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 – Pre-Hearing Pleadings
          1. Respondents' Motion in Limine to Exclude Evidence Withheld in Discovery
          2. CalPERS' Opposition to Respondents' Motion in Limine to Exclude Evidence Withheld in Discovery
        5. Attachment E – April 16, 2018 Transcript of Administrative Hearing
        6. Attachment F – April 16, 2018 Administrative Hearing Joint Exhibits
          1. Joint Exhibit List
          2. Joint Exhibit 1
          3. Joint Exhibit 2
          4. Joint Exhibit 3
          5. Joint Exhibit 4
          6. Joint Exhibit 5
          7. Joint Exhibit 6
          8. Joint Exhibit 7
          9. Joint Exhibit 8
          10. Joint Exhibit 9
          11. Joint Exhibit 10
          12. Joint Exhibit 11
          13. Joint Exhibit 12
          14. Joint Exhibit 13
          15. Joint Exhibit 14
          16. Joint Exhibit 15
          17. Joint Exhibit 16
          18. Joint Exhibit 17
          19. Joint Exhibit 18
          20. Joint Exhibit 19
          21. Joint Exhibit 20
          22. Joint Exhibit 21
          23. Joint Exhibit 22
          24. Joint Exhibit 23
          25. Joint Exhibit 24
          26. Joint Exhibit 25
          27. Joint Exhibit 26
          28. Joint Exhibit 27
          29. Joint Exhibit 28
          30. Joint Exhibit 29
          31. Joint Exhibit 30
          32. Joint Exhibit 31
          33. Joint Exhibit 32
          34. Joint Exhibit 33
          35. Joint Exhibit 34
          36. Joint Exhibit 35
          37. Joint Exhibit 36
          38. Joint Exhibit 37
          39. Joint Exhibit 38
          40. Joint Exhibit 39
          41. Joint Exhibit 40
          42. Joint Exhibit 41
          43. Joint Exhibit 42
          44. Joint Exhibit 43
          45. Respondent's Exhibit 44
        7. Attachment G – Post-Hearing Briefs
          1. CalPERS' Closing Brief
          2. Respondents' Closing Brief
          3. CalPERS' Objection to Introduction of New Evidence
          4. Respondents' Brief in Support of Admissibility of Exhibit 44
          5. Evidentiary Ruling regarding Exhibit 44
        8. Attachment H – September 26, 2018 Board Agenda Item
        9. Attachment I – September 26, 2018 Transcript of Board Meeting

Closed Session

    1. Deliberate on Full Board Hearing (Government Code section 11126(c)(3))
      1. Encina Wastewater Authority/San Elijo Joint Powers Authority (consolidated matter)

Open Session

    1. Take action on Full Board Hearing
      1. Encina Wastewater Authority/San Elijo Joint Powers Authority (consolidated matter)
    1. Information Agenda Items
      1. Enterprise Performance Reporting – First Quarter Report (PDF)Sabrina Hutchins
        1. Attachment A (PDF)
        2. Attachment B (PDF)
        3. Attachment C (PDF)
        4. Attachment D (PDF)
        5. Attachment E (PDF)
      2. State and Federal Legislation Update (PDF)Danny Brown
        1. Attachment 1 (PDF)
      3. Summary of Board Direction (Oral Report)Marcie Frost
      4. Public Comment

Closed Session

Upon Adjournment or Recess of Open Session (Government Code sections 11126(a)(1), (e), and (g)(1))

  1. Item
    1. Call to Order and Roll Call
    2. Approval of the September 26, 2018 Board of Administration Closed Session Meeting Minutes
    3. Litigation MattersMatthew Jacobs
      1. Sanchez, et al. v. CalPERS, et al. (Los Angeles County Superior Court, Case No. BC517444)
      2. Marzec, et al. v. California Public Employees' Retirement System (CalPERS), et al. (Los Angeles County Superior Court Case No. BC461887 and Consolidated Case No. BC480695)
      3. In re Foreign Exchange Benchmark Rates Antitrust Litigation (S.D.N.Y. Case No. 13-cv-7789-LGS)

Notes

  1. Items designated for Information are appropriate for 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 three-minute limitation on each public comment, unless otherwise directed by the Presiding Officer. (Cal. Code Regs. tit. 2, § 552.1.)


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.