Votes for CalPERS Board Election Counted on Thursday
May 17, 2022
Communications & Stakeholder Relations
Contact: Colin Steiner, Information Officer
(916) 795-3991 - email@example.com
SACRAMENTO, Calif. – All voted ballots will be tabulated on Thursday, May 19, for the Public Agency seat on the CalPERS Board of Administration.
Public viewing of the electronic tabulation process will take place at 9:00 a.m. at the Embassy Suites, Tower Bridge B, 100 Capitol Mall, Sacramento CA 95814.
The election is for one vacant seat on the CalPERS Board of Administration.
Nominees for this position are Mullissa Willette of the County of Santa Clara and Richard Fuentes of the San Francisco Bay Area Rapid Transit District.
Election results are considered unofficial until formal certification by the California Secretary of State, which is expected to occur in or around June.
The 13-member CalPERS Board of Administration sets policy for retirement and health benefits on behalf of California public employers and their active and retired employees. The board also oversees asset allocation of the pension fund's investments. Under the California Constitution, the CalPERS Board has exclusive authority to administer the CalPERS Fund.
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 2 million members in the CalPERS retirement system and administers benefits for more than 1.5 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 $448 billion. For more information, visit www.calpers.ca.gov.