Notice of Election Released for CalPERS Board Election

March 17, 2025

Communications & Stakeholder Relations
Office of Public Affairs
(916) 795-3991 - newsroom@calpers.ca.gov

SACRAMENTO, Calif. – The California Public Employees’ Retirement System (CalPERS) has issued its official Notice of Election for the upcoming election of two members of the CalPERS Board of Administration.

Two seats on the board, representing all CalPERS members, will appear on the fall ballot.

The Notice of Election provides the timeline for the fall 2025 election, eligibility and nomination requirements for members interested in filing to become a candidate, access to required forms, and notice of an incumbent’s intent to run for re-election.

Nomination petitions with required signatures, as well as candidate statements, and the nomination acceptance/ballot designation form are due by 5:00 p.m. on May 15. Candidate statement addenda are due by June 2. Ballots will then be mailed August 29, 2025, and votes must be received by September 29.

Votes will be processed on September 30. Voting options including online, by phone, and by mail will be available to all eligible voting members.

The board seats elected by retired and active members are currently occupied by David Miller and Jose Luis Pacheco. Their four-year terms expire on January 15, 2026. Miller was first elected to the CalPERS Board in 2018 and is serving in his second term. Pacheco was first elected to the CalPERS Board in 2022 and is serving his first term. CalPERS members will cast separate votes for the two positions.

These positions represent all CalPERS members, so both retired and active members will be eligible to vote.

A runoff election may be held if no candidate receives a majority of votes cast in the election.

Information on the upcoming election and resources for members and candidates are available at www.calpers.ca.gov/boardelections.

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

About CalPERS

For more than nine decades, CalPERS has built retirement and health security for state, school, and public agency members who invest their lifework in public service. Our pension fund serves more than 2 million members in the CalPERS retirement system, making us the largest defined-benefit public pension in the nation. We also administer health benefits for more than 1.5 million members and their families, making CalPERS the nation’s largest purchaser of public employee health services behind the U.S. government.