Don't blame the board
Re: "Finally, CalPERS figures charged with malfeasance" (March 22, Page A-8), CalPERS agrees with The Bee's editorial board that the indictments this week against two former CalPERS officials are a long time in coming and are welcome news, but the suggestion that some of our current board members should now "be held accountable" is misplaced.
California's taxpayers and public employees have been well served by the current leaders of our board. The editorial fails to acknowledge that it was the leadership of our current board, including President Rob Feckner, that guided CalPERS through this crisis to clean things up and make the pension system stronger, more accountable and more transparent.
We have moved beyond the past and are placing our focus on ensuring our members and taxpayers have a sustainable pension system. The media should as well.
ROBERT UDALL GLAZIER deputy executive officer, CalPERS