Board and Leadership
Board Election: Results for the 2026 election were announced during the PERA Board of Trustees meeting on June 25.
The PERA Board of Trustees is responsible for administering benefits and overseeing PERA operations and management. The Board does not set contribution rates or benefit amounts; only the state Legislature can do so. The Board’s responsibilities include:
- Setting rules and policy for PERA administration
- Establishing organizational priorities and strategies
- Overseeing PERA’s investment program
The Board is made up of 16 Trustees, 12 of whom are directly elected by PERA members and retirees. As fiduciaries, the Board has a responsibility to act in the best interests of PERA members. Elected Trustees serve on a volunteer basis and are paid only for necessary expenses.
Want to get in touch with the Board? Email the Trustees or visit the Board Meetings page for information on how to provide public comment at an upcoming meeting.
Board Meetings
All Board meetings are held at the PERA offices and livestreamed on this website unless otherwise noted.
Board Committees
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.
Benefits Committee
Oversees PERA’s benefit programs and has no fewer than six Board members.
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.
Governance Committee
Assists the Board with instituting governance policies and practices, including review of the Governance Manual and recommendation of updates to the Board and facilitating the performance evaluations of the Executive Director and the Board. The Governance Committee includes the Board Chair, Vice Chair, and the chairs of all standing Board Committees.
Investment Committee
Provides oversight of PERA investments and 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 six Board members.
Board Election
The voting period is now closed. Results for the election will be announced at the PERA Board meeting on June 25.
