News & Events

CalPERS February 2023 Board Meeting Recap

CalPERS Auditorium

The CalPERS Board met Monday, February 13, and Tuesday, February 14, in person at our Sacramento Headquarters. 

A recording of all the public meetings is posted on the CalPERS YouTube channel. Here are some highlights from this month’s meetings.

Monday’s Meeting

Board Committee Elections for Chair and Vice Chair

Four of the six board committees elected their chair and vice chair during Monday’s meeting:  

  • The Board Governance Committee elected Theresa Taylor as chair and David Miller as vice chair.  
  • The Finance & Administration Committee elected Lisa Middleton as chair and David Miller as vice chair. 
  • The Performance, Compensation & Talent Management Committee elected Jose Luis Pacheco as chair and Mullissa Willette as vice chair. 
  • The Risk & Audit Committee elected David Miller as chair and Lisa Middleton as vice chair.  

Tuesday’s Meeting

Proposed Regulation for the Definition of Limited Duration Employment

The CalPERS Board voted to approve the submission of the final rulemaking package defining limited duration employment to the Office of Administrative Law.  

The proposed regulation reflects the feedback received throughout the regulation development process, balancing the comments received from all parties. We will continue to educate and communicate with stakeholders throughout the proposed regulation process and ensure CalPERS-covered public employers understand the processes and procedures that will be implemented and are prepared for the upcoming changes and responsibilities. 

For more information, read the agenda item (PDF), the Text of Proposed Regulation (PDF), and the Public Comments Received During the 15-Day Comment Period (PDF). 

Next Board Meeting

The board will meet next from March 13-15, 2023. View the Board Meetings Calendar for the full schedule.