Votes For CalPERS Board Election Counted On Thursday

All voted ballots will be tabulated on Thursday, May 19, for the Public Agency seat on the CalPERS Board of Administration.

Public viewing of the electronic tabulation process will take place at 9:00 a.m. at the Embassy Suites, Tower Bridge B, 100 Capitol Mall, Sacramento CA 95814.

The election is for one vacant seat on the CalPERS Board of Administration.

Nominees for this position are Mullissa Willette of the County of Santa Clara and Richard Fuentes of the San Francisco Bay Area Rapid Transit District.

Election results are considered unofficial until formal certification by the California Secretary of State, which is expected to occur in or around June.

The 13-member CalPERS Board of Administration sets policy for retirement and health benefits on behalf of California public employers and their active and retired employees. The board also oversees asset allocation of the pension fund's investments. Under the California Constitution, the CalPERS Board has exclusive authority to administer the CalPERS Fund.