Henry Jones is unofficially declared retiree representative on the CalPERS board
Henry Jones Declared Unofficial Winner of Retired Member Representative Seat on CalPERS Board
Incumbent ran unopposed in re-election
SACRAMENTO, CA - Henry Jones has been declared the unofficial winner in the 2015 election of the retired member representative seat on the California Public Employees' Retirement System (CalPERS) Board of Administration. There was no opposition to Jones' re-election and pending certification of the election by California's Secretary of State, he will begin a new four-year term of service on the Board on January 16, 2016.
"I'm honored to serve another term and represent our retirees," said Jones, CalPERS Vice President. "I look forward to continuing to work in my leadership role alongside my colleagues on the Board to ensure the long-term sustainability of the pension fund and our health care program."
Jones joined CalPERS Board in 2008 and currently serves as Vice President. He chairs the Board's Investment Committee. Jones also serves on the Board Governance, Finance & Administration, and Pension & Health Benefits Committees.
The 13-member CalPERS Board sets policy and oversees the administration of retirement and health benefits on behalf of California public employers, their employees, and retirees. The Board also oversees administration of the Fund's investments. Under the California Constitution, the Board has exclusive authority to administer the CalPERS pension fund.
For more than eight 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 1.7 million members in the CalPERS retirement system and administers benefits for 1.4 million members and their families in our health program, making us the largest defined-benefit public pension in the U.S. CalPERS' total fund market value currently stands at approximately $307 billion. For more information, go to www.calpers.ca.gov.