Board of Administration Educational Day Agenda JANUARY 19, 2021

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.)

TUESDAY, JANUARY 19, 2021
AGENDA

9:00 A.M. - Welcome/Opening

1. Henry Jones, President, CalPERS Board of Administration
   Marcie Frost, Chief Executive Officer, CalPERS

9:15 A.M. - Pledge of Allegiance

9:20 A.M. - Election of President/Vice President

9:30 A.M. - Action Item - Petitions for Reconsideration (PDF)

1. 1. Charles A. Therrien
   1. Attachment A
   2. Attachment B
   3. Attachment C
   4. Attachment D
   5. Attachment E
2. 2. Matthew W. Pohl
   1. Attachment A
   2. Attachment B
   3. Attachment C
   4. Attachment D
   5. Attachment E
3. 3. James J. Suess
   1. Attachment A
   2. Attachment B
   3. Attachment C
   4. Attachment D
   5. Attachment E

9:35 A.M. - California Health Care: Landscape and Levers for Change (Board Education) (PDF)

1. Moderator
   Marta Green, Chief, Health Plan Research and Administration Division, CalPERS

1. Presenters (PDF)
   Marian Mulkey, MPP, MPH
   Principal, Mulkey Consulting, LLC

1. PowerPoint Presentation
   California Health Care: Landscape and Levers for Change (PDF)

10:30 A.M. - Break

10:45 A.M. - California Health Care: Landscape and Levers for Change – Continued (Board Education) (PDF)

1. Moderator
   Marta Green, Chief, Health Plan Research and Administration Division, CalPERS

1. Presenters
   Marian Mulkey, MPP, MPH
   Principal, Mulkey Consulting, LLC

12:30 P.M. - Lunch Break

1:15 P.M. - California Health Care: Landscape and Levers for Change – Continued (Board Education) (PDF)

1. Moderator
   Marta Green, Chief, Health Plan Research and Administration Division, CalPERS

1. Presenters
   Marian Mulkey, MPP, MPH
   Principal, Mulkey Consulting, LLC

2:00 P.M. - Behavioral Health Update (Board Education) (PDF)

1. Moderator
   Julia Logan, Chief Medical Officer, CalPERS

1. Presenter
   Heather Readhead, MD, MPH, Medical Director of Clinical Programs, CalPERS

1. PowerPoint Presentation
   Behavioral Health Update (PDF)
   

2:45 P.M. - Break

3:00 P.M. - Annual Board Fiduciary Training (Board Education) (PDF)

1. Moderator
   Matthew Jacobs, General Counsel, CalPERS

1. Presenters (PDF)
   Ashley Dunning, Partner, Nossaman LLP
   Amber Maltbie, Partner, Nossaman LLP

1. PowerPoint Presentation
   Fiduciary Training for CalPERS Board of Administration: A Focus on Open Meeting and Conflict of Interest Rules (PDF)
   

4:30 P.M. - Board Review of Administrative Law Judge Decisions (PDF)

1. Presenter
   Marguerite Seabourn, Assistant Chief Counsel, CalPERS

1. PowerPoint Presentation
   Board Review of Administrative Law Judge Decisions (PDF)
   

5:00 P.M. - Closed Session (Government Code Sections 11126(a)(1), (g)(1), (c)(16), and (e))

1. Chief Executive Officer's Briefing on Performance, Employment, and Personnel Items
2. Investment Strategy
3. Litigation Matters
   General Counsel’s Update on Pending Litigation

5:30 P.M. - ADJOURN

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 items in accordance with applicable law. Public comment will not be taken on agenda items relating to the administrative adjudication of individual cases. There is a three-minute limitation on public comment, unless otherwise directed by the Presiding Officer. (Cal. Code Regs. tit. 2, § 552.1.) Members of the public may provide public comment via telephone by calling (800) 259-4105. In accordance with Executive Orders N-29-20, N-33-20, and the stay-at-home orders and social distancing measures put in place throughout California, Board members will participate via videconference.