California Public Employees’ Retirement System (CalPERS)

The Board discussed a proposed decision regarding an appeal filed by the Santa Clara Valley Water District concerning a contract amendment to eliminate a second-tier benefit package. The Board reviewed various procedural alternatives, including adopting the proposed decision, deciding the case upon the record, or remanding the matter for the taking of further evidence. Additionally, the Board considered whether to designate the final decision as precedential.

This document provides an overview of CalPERS' enterprise-wide initiatives aimed at fostering an inclusive environment that promotes thriving conditions, belonging, opportunity, and access across the organization. It outlines current efforts and future direction in key areas including talent and culture, technology and accessibility, customer service, health, investments, and supplier diversity. The summary aims to inform the Board about progress, lessons learned, and strategic priorities as CalPERS concludes its 2022-2027 Strategic Plan and prepares for the 2027-2032 Strategic Plan, ultimately supporting the organization's mission and long-term performance.

This document outlines CalPERS' strategic approach to Diversity, Equity, and Inclusion (DEI), detailing its evolution and future direction within a strategic framework. It encompasses past initiatives, current efforts, and future goals across six key pillars: Talent and Culture, Information Technology/Accessibility, Customer Service and Support, Health, Investments, and Supplier Diversity. The plan aims to enhance inclusion, belonging, opportunity, and access, with a vision to move the organization from its current state to a future marked by disciplined, integrated, and intentional progress.

This document outlines a strategic plan development session, detailing the timeline and draft components for a forthcoming strategic plan. It identifies key strategic themes including Technology Modernization & Digital Transformation, Healthcare Affordability & Member Well-Being, Investment Strategy & Financial Sustainability, Customer Experience & Service Delivery, Organizational Culture, Leadership & Succession, Diversity, Equity, Inclusion, and Accessibility, and Public Trust, Transparency & Reputation. The draft strategic goals focus on Pension Sustainability, Healthcare Excellence, Member Experience, Stakeholder Connection, and People and Organizational Innovation, aiming to strengthen services, foster relationships, and cultivate an innovative organizational environment.

This document summarizes a session for the development of the 2027-32 CalPERS Strategic Plan. The session aimed to gather input on future-focused goals, align with the organization's Mission and Vision, and discuss draft Strategic Goals and Objectives, including preliminary concepts for strategic measurements.