The CalPERS Board met from Monday, June 14, through Wednesday, June 16, via livestream as all board members and presenters participated from their respective remote locations.
A recording of all the public meetings has now posted to the CalPERS YouTube Channel.
Here are some highlights from this month’s meetings:
On Monday, Anne Simpson, managing investment director of Board Governance & Sustainability, provided an update to the board on the Sustainable Investment Strategic Plan. The five-year plan, which started in 2016 and concludes at the end of this year, focuses on six strategic priorities.
The report (PDF) highlights how Research, Data & Corporate Reporting, Climate Change, Diversity & Inclusion, Private Equity & Profit/Fee Sharing Transparency, and Manager Expectations impact sustainable investment.
Pension & Health Benefits Committee
On Tuesday, the 2022 Health Maintenance Organization (HMO) and 2022 Preferred Provider Organization (PPO) proposed health premium rates were presented. The preliminary overall average increase is 4.92% including recommended Health Care Fund adjustments. Final rates will be presented to the board for approval at the July offsite.
Next Board Meeting
The board will meet offsite July 12-14, and the meeting will be livestreamed. View the full schedule on our Board Meetings Calendar page.