CalPERS board censures member after sexual harassment reprimand
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The board of the California Public Employees’ Retirement System has censured board member J.J. Jelincic after he was officially reprimanded for sexually harassing co-workers when he was an investment officer at the pension fund.
Last year CalPERS officials punished Jelincic. The reprimand was upheld last week by the state Personnel Board.
Jelinic on Wednesday declined to comment on the board’s action. Earlier he called the charges and subsequent discipline ‘politically motivated.’
As part of the board’s reprimand, Jelincic was stripped until March 1 of his position as chairman of the pension fund’s investment policy subcommittee and vice chairman of the health benefits committee. He also lost most of his board travel privileges for the same period.
‘The CalPERS board does not condone harassment or similar conduct of any kind, and all our board members are expected to meet this standard,’ said Rob Feckner, president of the board.
Feckner was fined $400 by the state Fair Political Practices Commission on Tuesday for failing to report certain meals and other gifts he received from investment managers as required by state law.
In May 2010, the CalPERS board censured member Priya Mathur after the FPPC ruled that she did not submit legally required statements of economic interest in 2007 and 2008. Mathur was fined $7,000 by the state.
-- Marc Lifsher