Oversees system soundness, enterprise risk management, internal and external audits, privacy and information security, ethics, compliance and other independent reassurance activities.

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

Meeting Agenda for February 13, 2017

4:00 p.m. - Open Session

Or Upon Adjournment of the Investment Committee Closed Session, Whichever is Later

Open Session

  1. Agenda Items
    1. Call to Order and Roll Call
    2. Election of the Risk & Audit Committee Chair and Vice Chair
    3. Executive Report (Oral Report)Marlene Timberlake D'Adamo
    4. Consent Items
      Action Consent Items:Marlene Timberlake D'Adamo
      1. Approval of the November 15, 2016 Risk & Audit Committee Meeting Minutes
    5. Consent Items
      Information Consent Items:Marlene Timberlake D'Adamo
      1. 2017 Annual Calendar Review
      2. 2018 Annual Calendar Review
      3. Draft Agenda for the June 20, 2017 Risk & Audit Committee Meeting
      4. Quarterly Status Report – Office of Audit Services
        1. Attachment 1
        2. Attachment 2
        3. Attachment 3
        4. Attachment 4
      5. Quarterly Status Report – Enterprise Risk Management
      6. Quarterly Status Report – Enterprise Compliance Activity
        1. Attachment 1
  2. Action Agenda Items
    1. Review of the Risk & Audit Committee DelegationMarlene Timberlake D'Adamo
      1. Attachment 1
      2. Attachment 2
      3. Attachment 3
  3. Information Agenda Items
    1. Audit
      1. Third Party Valuation and Certification of the State and Schools Plans as of June 30, 2015Beliz Chappuie,
        David Driscoll, Buck Consultants
        1. Attachment 1
      2. External Assessment of the Office of Audit Services Quality Assurance & Improvement ProgramBeliz Chappuie
        1. Attachment 1
    2. Enterprise Risk Management
      1. Enterprise Risk Management 2016-17 Mid-Year Plan UpdateMarlene Timberlake D'Adamo, Forrest Grimes
        1. Attachment 1
    3. Enterprise Compliance
      1. Enterprise Compliance 2016-17 Mid-Year Plan UpdateMarlene Timberlake D'Adamo, Kami Niebank
        1. Attachment 1
    4. Summary of Committee Direction (Oral Report)Marlene Timberlake D'Adamo
    5. Public Comment

Closed Session
(Government Code sections 11126(a)(1) and (g)(1))

  1. Agenda Items
    1. Call to Order and Roll Call
    2. Consent Items
      Action Consent Items:
      1. Approval of the November 15, 2016 Risk & Audit Committee Closed Session Meeting Minutes
    3. Personnel, Employment and Performance – Chief AuditorBeliz Chappuie
    4. Personnel, Employment and Performance – Chief Compliance OfficerMarlene Timberlake D'Adamo
    5. Personnel, Employment and Performance – Investment DirectorKit Crocker

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.
  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.