Chief Executive Officer
California Public Employees Retirement System

Fred R. Buenrostro Jr. has been the CalPERS Chief Executive Officer since December 2002, administering the nation's largest public pension fund. CalPERS provides retirement and health benefits to more than 1.4 million current and retired California public employees and their families.

As the System's seventh CEO, Mr. Buenrostro oversees CalPERS staff, budget, and operations, spanning investments, health, and retirement benefits administration, actuarial and employer services, and other supplemental programs.

Mr. Buenrostro came to CalPERS with more than 25 years experience in public service, including more than 15 years on the CalPERS Board and 11 years on the California State Teachers' Retirement System (CalSTRS) Board. He served as the representative to the CalPERS and CalSTRS Boards for two State Controllers, three State Treasurers, and the Director of the Department of Personnel Administration.

Prior to becoming CalPERS CEO, he was the Chief Deputy Director of the Department of Personnel Administration, where he was responsible for the overall administration of the Department. He also served as the Director's top advisor on a wide range of policies and programs affecting State employees.

In addition, Mr. Buenrostro serves as the First Vice President of the California Association of Public Retirement Systems (CALAPRS), an organization of more than three dozen California public pension systems. He also serves as a Board Member of the United Way California Capital Region.

Mr. Buenrostro has a Bachelor of Science degree in business administration from Pepperdine University and a law degree from McGeorge School of Law, University of the Pacific.