Pension and Health Benefits Committee Agenda November 15, 2022

Oversees all matters related to strategy, policy, structure, and actuarial studies and rate setting for pension, health, and long-term care program administration.

(Agenda items are provided in a PDF format, which require Adobe Reader 8 or higher to view.)

Items designated for Information are appropriate for Committee Action if the Committee wishes to take action. Any Agenda Item from a properly noticed Committee meeting may be considered by the Board at a subsequent Board meeting. The hour designated as the earliest starting time for this meeting is not intended to communicate the expected duration (or ending time) of the preceding meeting. Public comment may be taken on agenda items in accordance with applicable law. There is a three-minute limitation on public comment, unless otherwise directed by the Presiding Officer. (Cal. Code Regs. tit 2, § 552.1.) Members of the public may provide public comment via telephone by calling (800) 259-4105. Board members may attend meetings of committees of which they are not members and participate in the discussions during those meetings. Pursuant to Government Code section 11133 (added by Stats. 2022, ch. 48 § 20), Board members may participate via teleconference.

Meeting Agenda for November 15, 2022

View Open Session Meeting Transcript (PDF)

Open Session

9:00 a.m.

1. Item
   1. Call to Order and Roll Call (PDF)

Closed Session

1. Item
   1. Call to Order and Roll Call
   2. Approval of the June 14, 2022, Pension & Health Benefits Committee Closed Session Meeting Minutes
   3. Long-Term Care Third-Party Administrator Solicitation Don Moulds, Kim Malm
   4. Health Maintenance Organization and Preferred Provider Organization Solicitation Updates Don Moulds, Rob Jarzombek

Open Session

Upon Adjournment or Recess of Closed Session, Whichever is Later

1. Item
   2. Executive Report (Verbal Report) Don Moulds, Anthony Suine
   3. Action Consent Items – Don Moulds
      1. Approval of the September 21, 2022, Pension & Health Benefits Committee Meeting Minutes (PDF)
      2. Approval of the November 15, 2022, Pension & Health Benefits Committee Meeting Timed Agenda (PDF)
   4. Information Consent Items Don Moulds
      1. Annual Calendar Review (PDF)
      2. Draft Agenda for the March 14, 2023, Pension & Health Benefits Committee Meeting (PDF)
      3. CalPERS Health Benefits Program Annual Report for Plan Year 2021 (PDF)
         1. Attachment 1 (PDF)
   5. Action Agenda Items
      1. Proposed Regulation for the Definition of Limited Duration Employment (PDF) Renee Ostrander
         1. Attachment 1 (PDF)
         2. Attachment 2 (PDF)
         3. Attachment 3a (PDF)
         4. Attachment 3b (PDF)
         5. Attachment 3c (PDF)
      2. Health Benefits Program Proposals for the 2024 Plan Year(PDF) Rob Jarzombek, Julia Logan
         1. Attachment 1 (PDF)
   6. Information Agenda Items
      1. Internal Revenue Code Section 415(b) Overview (PDF) Anthony Suine
         1. Attachment 1 (PDF)
      2. Summary of Committee Direction (Verbal Report) Don Moulds, Anthony Suine
      3. Public Comment
   7. Adjournment of Meeting