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"I'm honored to be elected president of the CalPERS board," said Taylor. "I look forward to working with my colleagues on the board to further our work to ensure a sound and sustainable pension system for our members and employer partners."

Taylor is serving her second term on the board. She was first elected by state employee members in 2015. She currently serves as the chair of the pension fund's Investment committee and vice chair of the Finance & Administration committee. In addition, Ms. Taylor serves on the Pension & Health Benefits and the Performance, Compensation & Talent Management committees.

Taylor is a principal compliance representative at the Franchise Tax Board and has worked for the state for more than 25 years. She has also served as vice president/secretary-treasurer for the Service Employees International Union (SEIU) Local 1000 and on the executive boards of SEIU Local 1000 and SEIU State Council.

The president oversees the board's business and sets meeting schedules and agendas with input from other board members and CalPERS executive team. The president also makes appointments to board committees.

Feckner has represented school members on the board since his election in 1999. He currently serves as chair of the Pension & Health Benefits and the Performance, Compensation & Talent Management committees. He is also on the Board Governance and Investment committees.

Feckner was president of the board for 13 years and is a past president and life member of the California School Employees Association and past executive vice president of the California Labor Federation.

He has worked for the Napa Valley Unified School District for more than 40 years. He is currently a glazing specialist and previously worked as a school bus driver and instructional assistant for special needs students.

"I'm proud to serve as vice president and I am committed to fulfilling our mission of retirement security to our members," said Feckner. "We've made significant progress in our funded status and have a strong foundation to build on in years to come."

The election follows the resignation of Henry Jones who announced he will be leaving the board effective January 21.

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