California Public Employees’ Retirement System Board of Administration

E176988

The California Public Employees’ Retirement System Board of Administration is the governing body that oversees investment, benefit, and policy decisions for CalPERS, the nation’s largest public pension fund for California’s public employees.

All labels observed (4)

How this entity was disambiguated

Statements (49)

Predicate Object
instanceOf board of administration
government agency board
public pension fund governing board
appliesTo California public employees
country United States of America
surface form: United States
goal ensure long‑term sustainability of CalPERS fund
provide retirement security for California public employees
governs California Public Employees’ Retirement System Board of Administration self-linksurface differs
surface form: California Public Employees’ Retirement System
hasCommittee Board Governance Committee
finance and administration committee
surface form: Finance and Administration Committee

Investment Committee
Pension and Health Benefits Committee
Performance, Compensation and Talent Management Committee
Risk and Audit Committee
hasNumberOfMembers 13
includesOffice Board President
Board Vice President
jurisdiction California, United States
surface form: State of California
legalBasis Constitution of California
surface form: California Constitution

California Government Code
meetingFrequency monthly
meetsAt CalPERS Headquarters, Sacramento, California
memberType appointed representatives
elected representatives of CalPERS members
ex officio state officials
oversees CalPERS benefit decisions
CalPERS investment decisions
CalPERS policy decisions
overseesAssetClass fixed income
liquidity and cash management
private equity
public equities
real assets
parentOrganization California Public Employees’ Retirement System Board of Administration self-linksurface differs
surface form: California Public Employees’ Retirement System
policyArea corporate governance and proxy voting
investment risk management
pension benefits
retiree health benefits
regulates CalPERS contribution rates for employers and members
responsibleFor adoption of CalPERS budget
approving actuarial assumptions for CalPERS
ensuring the sustainability of CalPERS pension benefits
hiring and evaluating the CalPERS Chief Executive Officer
hiring and evaluating the CalPERS Chief Investment Officer
oversight of CalPERS health benefit programs
setting investment policy for CalPERS
sector public sector pensions
shortName California Public Employees’ Retirement System Board of Administration self-linksurface differs
surface form: CalPERS Board of Administration
subjectTo fiduciary duty to CalPERS members and beneficiaries

How these facts were elicited

Referenced by (5)

Full triples — surface form annotated when it differs from this entity's canonical label.

State Controller of California memberOf California Public Employees’ Retirement System Board of Administration
State Treasurer of California memberOf California Public Employees’ Retirement System Board of Administration
this entity surface form: California Public Employees’ Retirement System board
California Public Employees’ Retirement System Board of Administration parentOrganization California Public Employees’ Retirement System Board of Administration self-linksurface differs
this entity surface form: California Public Employees’ Retirement System
California Public Employees’ Retirement System Board of Administration shortName California Public Employees’ Retirement System Board of Administration self-linksurface differs
this entity surface form: CalPERS Board of Administration
California Public Employees’ Retirement System Board of Administration governs California Public Employees’ Retirement System Board of Administration self-linksurface differs
this entity surface form: California Public Employees’ Retirement System