CFA endorsed candidates re-elected to CalPERS board

The CFA-endorsed candidates for Member-At-Large seats on the CalPERS Board of Administration—Joseph (J.J.) Jelincic and Michael Bilbrey—were re-elected by strong margins according to preliminary results released late last week. Their four-year terms begin January 16.

More than 140,000 eligible CalPERS active and retired members, which include eligible CSU faculty, voted in the election.

CalPERS is the largest public pension fund in the U.S. with more than $265 billion in assets. It administers health and retirement benefits on behalf of 3,064 public school, local agency and state employers, including the CSU. There are more than 1.6 million members in the retirement system and more than 1.3 million in health plans.