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 March 20, 2018

View Open Session Meeting Transcript (PDF)

10:00 am - Open Session

Or Upon Adjournment of the Pension & Health Benefits Committee — Whichever is Later

Open Session

  1. Agenda Items
    1. Call to Order and Roll Call (PDF)
    2. Executive Report (Oral Report)Doug Hoffner
    3. Consent Items
      Action Consent Items:Doug Hoffner
      1. Approval of the February 13, 2018 Performance, Compensation & Talent Management Committee Meeting Minutes (PDF)
        1. Attachment 1 (PDF)
      2. Executive Compensation Policy: Cleanup and Minor Revisions (PDF)
        1. Attachment 1 (PDF)
        2. Attachment 2 (PDF)
        3. Attachment 3 (PDF)
    4. Consent Items
      Information Consent Items:Doug Hoffner
      1. Annual Calendar Review (PDF)
      2. Draft Agenda for the May 15, 2018 Performance, Compensation & Talent Management Committee Meeting (PDF)
  2. Action Agenda Items
    1. Review of the Performance, Compensation & Talent Management Committee Delegation (PDF)Tina Campbell
      1. Attachment 1 (PDF)
      2. Attachment 2 (PDF)
      3. Attachment 3 (PDF)
    2. Review of Chief Executive Officer's Compensation Plan (PDF)Tina Campbell
      Eric Gonzaga, Grant Thornton LLP
      1. Attachment 1 (PDF)
  3. Information Agenda Items
    1. Summary of Committee Direction (Oral Report)Doug Hoffner
    2. Public Comment


  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 Presiding Officer. (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.


CalPERS Headquarters
Robert F. Carlson Auditorium
Lincoln Plaza North
400 P Street
Sacramento, CA 95811

CalPERS Building Guide (PDF)


For your safety, attendees are screened upon entering the auditorium.