December 7, 2022

Communications & Stakeholder Relations
Contact: Colin Steiner, Information Officer
(916) 795-3991 -

SACRAMENTO, Calif. – All voted ballots in the runoff election for the open retiree seat on the CalPERS Board of Administration will be tabulated on Thursday, December 8.

Public viewing of the electronic tabulation process will take place at 9:00 a.m. at the Embassy Suites, John A. Sutter Boardroom, 100 Capitol Mall, Sacramento, CA 95814.

The election is for one vacant seat on the CalPERS Board of Administration. The runoff election was declared after no candidate received a simple majority of the votes in the primary election.

Nominees in the runoff election for the position are Randall Cheek, a deputy director of legislative and external affairs retired from the California State Lottery, and Yvonne Walker, a legal secretary retired from the Department of Justice.

The newly elected member’s term will begin immediately upon certification by the Secretary of State and end on January 15, 2028.

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.

About CalPERS

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