The California Public Employees’ Retirement System (CalPERS) has named Stacie Sormano to lead the pension fund’s Retirement Research and Planning Division (RRPD).
The RRPD identifies retirement industry trends and develops new ways to better serve our members and employers. As the Chief of RRPD, Sormano and her team will be responsible for addressing public policy issues to proactively protect the sustainability of the retirement plan. Her appointment was effective January 1, 2012. She reports to Ann Boynton, Deputy Executive Officer for Benefit Programs Policy and Planning.
“Stacie brings a wealth of leadership and experience to her new role,” said Boynton. “We will rely on her strengths in administration and analysis as we evaluate our own policies and participate in the Legislative process examining pension systems throughout the State.”
This is Sormano’s second stint at CalPERS. She served for four years as the Assistant Chief of CalPERS Health Policy and Program Support Division before moving on to First 5 California, where she served as the Deputy Director of the Research and Program Evaluation Division. Most recently, she was the Chief of the Office of Planning and Accreditation at the California Department of Corrections and Rehabilitation.
Sormano holds a Master of Arts degree in Government and Public Policy, a Bachelor of Arts in Economics, and a Certificate in Management from the California State University, Sacramento.
CalPERS is the nation’s largest public pension fund with approximately $229.5 billion in assets, providing retirement benefits to more than 1.6 million State, public school, and local public agency employees, retirees, and their families, and health benefits to more than 1.3 million members. The average CalPERS pension is $2,332 per month. For more information about CalPERS, visit www.calpers.ca.gov.
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Robert Udall Glazier, Deputy Executive Officer Brad Pacheco, Chief, Office Of Public Affairs - CalPERS Names Stacie Sormano Chief Of Retirement Research And Planning Division
Date 30/01/2012