January 17, 2017

Communications & Stakeholder Relations
(916) 795-3991
Brad W. Pacheco, Deputy Executive Officer
Wayne Davis, Chief, Office of Public Affairs
Contact: Jeanie Esajian, Information Officer

SACRAMENTO, CA - The California Public Employees' Retirement System (CalPERS) Board of Administration re-elected Rob Feckner as board president, and Henry Jones as vice president. This will be Feckner's 13th term as president and Jones' third term as vice president.

"This vote of confidence from my peers is very humbling," Feckner said. "Together we will continue our efforts to ensure a sustainable pension and access to quality health care for our members now and into the future. We have much to be proud of in the way of accomplishments over the past year, but we have much more we need to achieve for California's dedicated public employees."

Feckner represents school members on the CalPERS Board, which he joined in 1999. He currently serves on three Board committees: Governance, Investment, and Pension & Health Benefits.

He is a 40-year employee of the Napa Valley Unified School District, and a past president of the California School Employees Association.

The president oversees the Board's business, and sets meeting schedules and agendas with input from other Board members and CalPERS executive staff. The president also makes appointments to Board committees, and represents CalPERS to outside parties.

Jones represents retired CalPERS members and was first elected to the Board in 2008. In addition to serving as vice president, Jones chairs the Investment committee and currently sits on three other committees: Board Governance, Finance & Administration, and Pension & Health Benefits.

"I am honored to again be elected vice president of the Board," said Jones. "I look forward to working with my Board colleagues, CalPERS staff, and our constituents on the important business of serving our members who serve this great state."

Jones retired from the Los Angeles Unified School District in 1998, as chief financial officer, where he oversaw the district's $7 billion annual budget and its Annuity Reserve Fund Board. He currently serves as a personnel commissioner for the Los Angeles Community College District, and the board of the Robert Toigo Foundation and the Pacific Pension & Investment Institute.

For more than eight decades, CalPERS has built retirement and health security for state, school, and public agency members who invest their lifework in public service. Our pension fund serves more than 1.8 million members in the CalPERS retirement system and administers benefits for more than 1.4 million members and their families in our health program, making us the largest defined-benefit public pension in the U.S. CalPERS' total fund market value currently stands at approximately $307 billion. For more information, visit www.calpers.ca.gov.