Members of the California Public Employees’ Retirement System’s (CalPERS) Board of Administration today unanimously re-elected Rob Feckner to a fifth term as the System’s President, and George Diehr as its Vice President for a second year.
“I feel privileged to serve as President of the CalPERS Board for another year,” said Feckner. “We face some formidable challenges in the months ahead, in our economy and in our financial markets. I want to take this opportunity to let our members and employers know that we will work hard to protect their retirement and health security, and be mindful that this is a difficult time for everyone.”