Dear friends and supporters,

It is with a heavy heart that I share that I have not been reelected to the CalPERS Board.

Congratulations to Jason Perez, who will begin his term in January 2019.  I wish him well as he serves as a trustee on behalf of CalPERS members.

It has been the greatest honor of my life to have been entrusted with the retirement and health security of almost 2 million California public employees and retirees for the past sixteen years.  I am grateful to have been elected four times by public agency employees and to have served alongside board members who keep the interests of our members at the heart of every decision.

Over the last decade and a half, we have shepherded the fund through two financial downturns and expanded health benefits for our members, while keeping premiums competitive.  We have also worked hard to address risks – like climate change, workers rights and economic inequality – that imperil economic growth and long-term investment returns.

And it has been a true privilege to work alongside the most talented, mission-driven team in State service.  

I have been especially fortunate in this election to have had active support from workers all across the State of California.  I am also grateful for my campaign team, led by my exceptional campaign manager, Scott Adams, and including my brilliant sisters, Tara and Jaya.  Perhaps most importantly, I have been lucky to enjoy the support of my husband, Daryl, our two daughters and our entire family.

Thank you for your support on this campaign and for all your work!

With warmth and gratitude,