Joseph (JJ) Jelincic and Michael Bilbrey are the preliminary winners to fill two Member-At-Large seats on the Board of Administration for the California Public Employees' Retirement System (CalPERS) according to unofficial results released Friday, Oct. 4 by the Pension Fund. Formal certification of the results must be made by California's Secretary of State.
The unofficial results indicate Jelincic was re-elected to his seat by receiving more than 79,900 votes, 56.8 percent of the valid votes cast during the voting period that took place from August 30 through September 27, 2013. Unofficial results also indicate Michael Bilbrey was re-elected to his seat by receiving more than 93,000 votes, 66.3 percent of the valid votes cast. More than 140,000 eligible CalPERS members (active and retired) voted in the election.
Both men were recommended by CSFA. Jelincic and Bilbrey will serve four-year terms that begin on January 16, 2014.
Jelincic was first elected to the CalPERS Board in 2010 and currently serves as the Chair of the Board's Risk & Audit Committee. He also serves on CalPERS Investment, Pension & Health Benefits and Board Governance Committees.
Bilbrey was first elected to the Board in 2011 and currently serves as the Chair of the Performance, Compensation & Talent Management Committee. He also serves on CalPERS Investment, Pension & Health Benefits, Board Governance and Risk & Audit Committees.