This committee oversees compensation mechanisms and criteria, and the hiring, termination, compensation and long-term succession planning of key personnel.

(Agenda items are provided in a PDF format, which require Adobe Reader 8 or higher to view.)

Meeting Agenda for October 20, 2015

11:00 a.m. - Closed Session

Or Upon Adjournment or Recess of the Finance & Administration Committee, Whichever is Later
(Government Code sections 11126(a)(1) and (g)(1))

11:30 a.m. - Open Session

Or Upon Adjournment or Recess of Closed Session, Whichever is Later

Closed Session

    1. Call to Order and Roll Call

    Action Agenda Items

    1. Approval of the September 16, 2015 Performance, Compensation & Talent Management Committee Closed Session MinutesTina Campbell
    2. Review of 2014-2015 Performance: Chief Investment OfficerTina Campbell

    Information Agenda Items

    1. Review of 2014-2015 Performance: Chief Actuary, General Counsel and Chief Financial OfficerTina Campbell
    2. Chief Executive Officer's Report of 2014-2015 Performance: Chief Operating Investment Officer, Managing Investment Directors, Investment Directors and Investment ManagersTina Campbell

Open Session

  1. Agenda Items
    1. Call to Order and Roll Call
    2. Executive Report (Oral Report)Doug Hoffner
    3. Consent Items
      Action Consent Items: Doug Hoffner
      1. Approval of the September 16, 2015 Performance, Compensation & Talent Management Committee Meeting Minutes
    4. Consent Items
      Information Consent Items: Doug Hoffner
      1. Annual Agenda Item Calendar Review – 2015
      2. Annual Agenda Item Calendar Review – 2016
      3. Draft Agenda for the March 15, 2016 Performance, Compensation & Talent Management Committee Meeting
  2. Action Agenda Items
    1. 2014-15 Performance Awards and Base Pay Increases of the Chief Executive Officer and Chief Investment OfficerTina Campbell
      1. Attachment 1
      2. Attachment 2
  3. Information Agenda Items
    1. Primary Executive Compensation Consultant Request for Proposal - Selection Process UpdateTina Campbell
    2. Enterprise Risk Reports: Performance, Compensation and Talent Management CommitteeCheryl Eason,
      Doug Hoffner
      1. Attachment 1
      2. Attachment 2
      3. Attachment 3
      4. Attachment 4
    3. Summary of Committee DirectionDoug Hoffner
    4. Public Comment

Notes

    1. Items designated for information are appropriate for Committee Action if the Committee wishes to take action.
    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 3-minute limitation on each public comment, unless otherwise directed by the Committee Chair.
    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.