News & Events

CalPERS September 2022 Board Meeting Preview

CalPERS Auditorium

This month the CalPERS Board will meet in-person at CalPERS Headquarters from Monday, September 19, through Wednesday, September 21.

Board meetings are open to the public and comments are welcome. You can submit comments by calling (800) 259-4105. You can also watch our live broadcast via webcast on the CalPERS website.

We’ll post a recording to the CalPERS YouTube channel approximately 48 hours after the meeting ends.

Full agendas are posted on our website, but here is a brief overview of the items the board will hear this month:

Monday’s Meeting

During the Investment Committee meeting, Nicole Musicco, chief investment officer, will present a detailed investments performance review (PDF) for the past 10 years. She’ll highlight lessons learned from these experiences and how they’ll influence the path going forward.

Tuesday’s Meeting

The Finance & Administration Committee will hear the Prefunding Programs Annual Status Report (PDF) for fiscal year 2021-22, which provides updates for the California Employers’ Retiree Benefit Trust, California Employers’ Pension Prefunding Trust, and Supplemental Income Plans programs. The report shares demographic, investment, and strategic information.

Dallas Stone, chief of the operations support services division, will present the 2021 CalPERS Board of Administration Special Public Agency Member Election results to the committee. The results include the election of Mullissa Willette to the public agency representative seat on the CalPERS Board. Her term began immediately after the certification of the official results by the Secretary of State on May 27, 2022, and will expire on January 15, 2027.

Wednesday’s Meeting

The Pension & Health Benefits Committee will receive an update on the Preferred Provider Organization (PPO) Strategic Alignment Project (PDF). This project is meant to ensure that the PPO program is aligned with CalPERS’ current strategic goal of exceptional health care, ensuring members have access to equitable, high-quality, and affordable health care. The update will include a project overview, data analysis, potential interventions, and market research.

Next Board Meeting

The board will not meet in October. The board will meet next from November 14-16. View the Board Meetings Calendar for the full schedule.