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 September 19, 2017

2:00 p.m. - Closed Session

Or Upon Adjournment of the Risk & Audit Committee — Whichever is Later
(Government Code Sections 11126(a)(1) and (g)(1))

Closed Session

  1. Agenda Items
    1. Call to Order and Roll Call
  2. Action Agenda Items
    1. Approval of the June 20, 2017 Performance, Compensation & Talent Management Committee Closed Session Meeting MinutesTina Campbell
    2. Review of 2016-17 Performance: Chief Executive OfficerTina Campbell
    3. Review of 2016-17 Performance: Chief Investment OfficerTina Campbell
  3. Information Agenda Items
    1. Review of 2016-17 Performance: Chief Actuary and General CounselTina Campbell
    2. Chief Executive Officer's Report of 2016-17 Performance: Chief Operating Investment Officer, Managing Investment Directors, Investment Directors, Investment Managers, and Associate Investment ManagersTina Campbell

3:00 pm - Open Session

Or Upon Adjournment or Recess of Closed Session

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 June 20, 2017 Performance, Compensation & Talent Management Committee Meeting Minutes
      2. Correction to the 2017-18 Incentive Plan of the Chief Executive Officer
        1. Attachment 1
    4. Consent Items
      Information Consent Items:Doug Hoffner
      1. Annual Calendar Review
      2. Draft Agenda for the February 13, 2018 Performance, Compensation & Talent Management Committee Meeting
  2. Information Agenda Items
    1. Summary of Committee Direction (Oral Report)Doug Hoffner
    2. Public Comment

Notes

  1. Items designated for Information are appropriate for Committee Action if the Committee 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 Committee Chair. (Cal. Code Regs., tit. 2, § 552.1.)
  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.