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.)

AGENDA – DAY ONE
TUESDAY, JANUARY 22, 2019

8:30 A.M. - Open Session

  1. Welcome/Opening(Salon III-IV Room)

8:45 A.M. - Open Session

  1. Swearing-In Ceremony for New Board Members(Salon III-IV Room)

9:00 A.M. - Open Session

  1. Action Item: Election of President/Vice President(Salon III-IV Room)

9:15 A.M. - Open Session

  1. Action Item: Board Travel Approval(Salon III-IV Room)

9:30 A.M. - Open Session

  1. Introduction to Chief Investment Officer (PDF)(Salon III-IV Room)
    1. - Presenter Biography (PDF)
    2. - PowerPoint Presentation
      1. Achieving the Required Rate of Return (PDF)

10:30 A.M. - Open Session

  1. Return Dynamic – Financial Markets (PDF)(Salon III-IV Room)
    1. - External Presenter Biography (PDF)
    2. - PowerPoint Presentation
      1. Mastering the Market Cycle: Getting the Odds on Your Side (PDF)

11:15 A.M. - Break

11:30 A.M. - Open Session

  1. Regulatory Landscape (PDF)(Salon III-IV Room)
    1. - External Presenter Biography (PDF)

12:30 P.M. - Lunch

1:30 P.M. - Open Session

  1. Global Economy & Market Valuations (PDF)(Salon III-IV Room)
    1. - External Presenter Biographies (PDF)
    2. - PowerPoint Presentation
      1. Global Economic Outlook - Synching Lower (PDF)
      2. Fixed Income Market Outlook (PDF)

3:00 P.M. - Break

3:15 P.M. - Open Session

  1. Evolution of Private Markets (PDF)(Salon III-IV Room)
    1. - External Presenter Biographies (PDF)
    2. - PowerPoint Presentation
      1. The Age of Private Markets (PDF)

4:45 P.M. - Open Session

  1. Chief Investment Officer – Closing Remarks(Salon III-IV Room)

5:00 P.M. - Closed Session

  1. Closed Session – Investment Strategy Session with the Board's Independent Consultants
    (Government Code Sections 11126(a)(1), (c)(16), (g)(1), and (e))(Salon III-IV Room)

AGENDA – DAY TWO
WEDNESDAY, JANUARY 23, 2019

9:00 A.M. - Open Session

  1. Welcome/Opening(Salon III-IV Room)

9:15 A.M. - Open Session

  1. Delivering Health in Rural California (PDF)(Salon III-IV Room)
    1. - External Presenter Biographies (PDF)
    2. - PowerPoint Presentation
      1. Delivering Health in Rural California (PDF)

10:45 A.M. - Break

11:00 A.M. - Open Session

  1. The Affordable Care Act, The California Exchange and the 116th Congress (PDF)(Salon III-IV Room)
    1. - External Presenter Biographies (PDF)
    2. - PowerPoint Presentation
      1. The Affordable Care Act, The California Exchange, and 116th Congress (PDF)

12:00 P.M. - Lunch

1:00 P.M. - Open Session

  1. Re-stimulating Health Care Competition (PDF)(Salon III-IV Room)
    1. - External Presenter Biographies(PDF)
    2. - PowerPoint Presentation
      1. Re-stimulating Health Care Competition (PDF)

2:30 P.M. - Open Session

  1. Federal Policy Update (PDF)(Salon III-IV Room)
    1. - External Presenter Biographies(PDF)

3:30 P.M. - Break

3:45 P.M. - Open Session

  1. Insight Project Update (PDF)(Salon III-IV Room)
    1. - PowerPoint Presentation
      1. Insight Project Update (PDF)

4:15 P.M. - Open Session

  1. Adjourn

AGENDA – DAY THREE
THURSDAY JANUARY 24, 2019

9:00 A.M. - Open Session

  1. Welcome/Opening(Salon III-IV Room)

9:15 A.M. - Open Session

  1. CalPERS Board Self-Evaluation: Findings and Opportunities (PDF)(Salon III-IV Room)
    1. - External Presenter Biography (PDF)
    2. - PowerPoint Presentation
      1. CalPERS Board Self-Evaluation: Findings and Opportunities (PDF)

11:15 A.M. - Break

11:30 A.M. - Open Session

  1. Fiduciary Training (PDF)(Salon III-IV Room)
    1. - External Presenter Biography (PDF)

1:00 P.M. - Closed Session

  1. Closed Session – Litigation Matters
    Sanchez, et al. v. CalPERS, et al. (Los Angeles County Superior Court, Case No. BC517444)
    (Government Code sections 11126(e))(Salon III-IV Room)

NOTE: All times are approximate and for reference only.
The Board of Administration may consider an item at a different time than set forth herein.
The Board may take action on any items that are designated for information.
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.