Marcie Frost

Ms. Marcie Frost is a Chief Executive Officer at The California Public Employees Retirement System.
She joined the firm in October 2016.
Sheoversees an annual budget of $1.8 billion, an experienced team of 2,800 professionals, and three lines of business for the fund: pensions, health benefits, and investments.
In 2013, Ms. Frost was tapped by Washington State Governor Jay Inslee as cabinet lead for the Results Washington performance and accountability system, where she served as an early creator and architect for the platform that tracks goals and progress in education, the state's economy, sustainable energy, healthy and safe communities, and efficient government.
She served on the Washington State Investment Board as an ex-officio voting member for four years and served as its chair until she joined CalPERS.
The board manages more than $120 billion in assets for 17 retirement plans.
She has also served as chair of the Pension Funding Council, responsible for setting economic assumptions and pension contribution rates for the state's pension plans; was a member of the Technology Services Board in Washington that oversees the state's IT projects with a measurable focus on business alignment, security, open data, transparency, and mobility goals; and was a voting member of the Washington State Legislature’s Select Committee on Pension Policy.