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 16, 2019

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 September 18, 2019

View Open Session Meeting Transcript (PDF)

Closed Session

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

    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 September 18, 2019 Board of Administration Timed Agenda (PDF)
    3. Pledge of AllegianceHenry Jones
    4. Board President's Report (Oral Report)Henry Jones
    5. Chief Executive Officer's Report (Oral Report)Marcie Frost
    6. Action Consent ItemsHenry Jones
      1. Approval of the August 21, 2019 Board of Administration Meeting Minutes (PDF)
      2. Board Travel Approvals (PDF)
    7. Information Consent ItemsHenry Jones
      1. Board Meeting Calendar (PDF)
      2. Draft Agenda for the November 20, 2019 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)Rob Feckner
      2. Pension & Health Benefits Committee (Oral Report)Rob Feckner
      3. Finance & Administration Committee (PDF)Theresa Taylor
      4. Performance, Compensation & Talent Management Committee (PDF)Theresa Taylor
      5. Risk & Audit Committee (PDF)David Miller
      6. Board Governance Committee (PDF)Henry Jones
    9. Action Agenda ItemsHenry Jones
      1. Proposed Decisions of Administrative Law Judges (PDF)Henry Jones
        1. Edward G. Kelly (PDF)
          1. Attachment A (PDF)
          2. Attachment B (PDF)
          3. Attachment C (PDF)
        2. Joseph A. Bonofiglio (PDF)
          1. Attachment A (PDF)
          2. Attachment B (PDF)
          3. Attachment C (PDF)
        3. Maximillian J. Sebolino (PDF)
          1. Attachment A (PDF)
          2. Attachment B (PDF)
          3. Attachment C (PDF)
        4. Kathryn A. Gerk (PDF)
          1. Attachment A (PDF)
          2. Attachment B (PDF)
          3. Attachment C (PDF)
        5. Gloria Alvarado (Juliana Wiard (deceased)) (PDF)
          1. Attachment A (PDF)
          2. Attachment B (PDF)
          3. Attachment C (PDF)
        6. Mark E. Bills and Judi Cutaia (PDF)
          1. Attachment A (PDF)
          2. Attachment B (PDF)
          3. Attachment C (PDF)
        7. Randi D. Sullivan (PDF)
          1. Attachment A (PDF)
          2. Attachment B (PDF)
          3. Attachment C (PDF)
        8. Irma G. Sepulveda (PDF)
          1. Attachment A (PDF)
          2. Attachment B (PDF)
          3. Attachment C (PDF)
        9. Susan G. Willis (PDF)
          1. Attachment A (PDF)
          2. Attachment B (PDF)
          3. Attachment C (PDF)
        10. Tiffany S. Estrada-Perez (PDF)
          1. Attachment A (PDF)
          2. Attachment B (PDF)
          3. Attachment C (PDF)
        11. Ohannes Bedrossian (PDF)
          1. Attachment A (PDF)
          2. Attachment B (PDF)
          3. Attachment C (PDF)
        12. Dudley J. Lang (PDF)
          1. Attachment A (PDF)
          2. Attachment B (PDF)
          3. Attachment C (PDF)
        13. Mark R. Kranhold (PDF)
          1. Attachment A (PDF)
          2. Attachment B (PDF)
          3. Attachment C (PDF)
        14. Elizabeth Serrato (PDF)
          1. Attachment A (PDF)
          2. Attachment B (PDF)
          3. Attachment C (PDF)
      2. Petitions for Reconsideration (PDF)Henry Jones
        1. Kevin Smith (PDF)
          1. Attachment A (PDF)
          2. Attachment B (PDF)
          3. Attachment C (PDF)
          4. Attachment D (PDF)
          5. Attachment E (PDF)
        2. Daisy S. Chisholm (PDF)
          1. Attachment A (PDF)
          2. Attachment B (PDF)
          3. Attachment C (PDF)
          4. Attachment D (PDF)
          5. Attachment E (PDF)
        3. David Simpson (PDF)
          1. Attachment A (PDF)
          2. Attachment B (PDF)
          3. Attachment C (PDF)
          4. Attachment D (PDF)
          5. Attachment E (PDF)
        4. Julie Hawpe (PDF)
          1. Attachment A (PDF)
          2. Attachment B (PDF)
          3. Attachment C (PDF)
          4. Attachment D (PDF)
          5. Attachment E (PDF)
        5. Floristee Foster (PDF)
          1. Attachment A (PDF)
          2. Attachment B (PDF)
          3. Attachment C (PDF)
          4. Attachment D (PDF)
          5. Attachment E (PDF)
      3. Request for Precedential Decision – Henry Jones
        1. Mark L. Wheeler, et al. (Consolidated) (PDF)
          1. Attachment A (PDF)
          2. Attachment B (PDF)
          3. Attachment C (PDF)
          4. Attachment D (PDF)
    10. Information Agenda Items
      1. State and Federal Legislation Update (PDF)Danny Brown
        1. Attachment 1 (PDF)
      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. Item
    1. Call to Order and Roll Call
    2. Approval of the August 21, 2019 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. Holt v. CalPERS, Sacramento Superior Court Case No. 34-2019-80003207

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.