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 November 14, 2018

View Open Session Meeting Transcript (PDF)

Open Session

2:00 p.m.
Or upon adjournment of the Finance & Administration Committee – Whichever is later

  1. Item
    1. Call to Order and Roll Call (PDF)
    2. Approval of the November 14, 2018 Risk & Audit Committee Timed Agenda (PDF)
    3. Executive Report (Oral Report)Marlene Timberlake D'Adamo
    4. Action Consent ItemsMarlene Timberlake D'Adamo
      1. Approval of the September 25, 2018 Risk & Audit Committee Meeting Minutes (PDF)
    5. Information Consent ItemsMarlene Timberlake D'Adamo
      1. 2018 Annual Calendar Review (PDF)
      2. 2019 Annual Calendar Review (PDF)
      3. Draft Agenda for the February 20, 2019 Risk & Audit Committee Meeting (PDF)
      4. Quarterly Status Report – Office of Audit Services (PDF)
        1. Attachment 1 (PDF)
        2. Attachment 2 (PDF)
        3. Attachment 3 (PDF)
      5. Quarterly Status Report – Enterprise Risk Management (PDF)
        1. Attachment 1 (PDF)
      6. Quarterly Status Report – Enterprise Compliance Activity (PDF)
        1. Attachment 1 (PDF)
    6. Action Agenda Items
      1. Independent Auditor's Report – Fiscal Years 2017-18 (PDF)Beliz Chappuie
        1. Attachment 1 (PDF)
        2. Attachment 2 (PDF)
        3. Attachment 3 (PDF)
      2. Review of Independent Auditor's Management Letter (PDF)Beliz Chappuie, KPMG
        1. Attachment 1 (PDF)
      3. Independent Financial Statement Auditor Selection (PDF)Beliz Chappuie
    7. Information Agenda Items
      1. Enterprise Risk Management Framework Review (PDF)Forrest Grimes
        1. Attachment 1 (PDF)
        2. Attachment 2 (PDF)
        3. Attachment 3 (PDF)
      2. Summary of Committee Direction (Oral Report)Marlene Timberlake D'Adamo
      3. Public Comment

Closed Session

Upon Adjournment or Recess of Open Session (Government Code sections 11126(a)(1) and (g)(1))

  1. Item
    1. Call to Order and Roll Call
    2. Action Consent Items
      1. Approval of the September 25, 2018 Risk & Audit Committee Closed Session Meeting Minutes
    3. Information Agenda Items
      1. Personnel, Employment and Performance – Chief Compliance OfficerMarlene Timberlake D'Adamo
      2. Personnel, Employment and Performance – Chief AuditorBeliz Chappuie
      3. 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 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.


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.