CEO Report | Wednesday, February 18, 2026

California Public Employees Retirement System board · February 20, 2026

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Handover to Brad Pacheco

AnnouncementPresentation

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Unidentified speaker handed the floor to Brad Pacheco to read comments on behalf of Miss Frost and thanked him for doing so.

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Speakers:Unidentified Speaker

Brad Pacheco read prepared remarks for Miss Frost updating the California Public Employees Retirement System board on fund performance, health-plan cost trends, a shift to a total-portfolio investment approach, and member-service metrics.

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Transcript

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