|
PERA
Board Committees
Committee
Assignments
Executive Committee – includes the Board Chair and Vice Chair (plus the Executive Director) and oversees effective management of Board and committee meetings.
Investment Committee
– provides oversight of PERA investments and has no fewer than six Board members.
Shareholder Responsibility Committee
– directs PERA management on implementation of investment policy and procedures related to the fund’s rights and responsibilities as an investor in many public corporations. This committee has no fewer than four Board members.
Shareholder Responsibility Committee Policies:
Shareholder
Responsibility Committee Policy
Shareholder
Responsibility Committee Charter
Colorado
PERA Proxy Voting Policy
Benefits Committee
– oversees PERA’s benefit programs and has no fewer than six Board members.
Audit Committee
– reviews PERA’s internal controls related to financial and accounting reporting systems, provides oversight for the ethical conduct of the Board and PERA staff, and assists the Board in fulfilling its fiduciary responsibilities. This committee is made up of no fewer than five Board members as well as two outside members who are independent of any relationship with PERA.
Compensation and
Budget Committee
– submits a budget that implements the
organization’s policies and priorities, recommends changes to
the Total Compensation Philosophy statement, recommends
compensation levels for the Executive Director, and sets the
education budget provided for Trustees’ education. This
committee has no fewer than five members.
|
