J. J. Jelincic
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Joseph John Jelincic Jr. (born October 5, 1948) is an American member of the California Public Employees' Retirement System (CalPERS) Board and is the past president of the California State Employees Association (CSEA), a labor group representing 140,000 active and retired state employees. A rank-and-file investment officer for the CalPERS since 1986, he was elected to the CalPERS Board of Administration in December 2009 as a Member-At-Large representing all CalPERS members. He serves on the Finance Committee, Health Benefits Committee, Investment Committee and is the Vice Chair of the Investment Policy Subcommittee. Jelincic has a wide range of investment experience, having worked in the global equity,
fixed income Fixed income refers to any type of investment under which the borrower or issuer is obliged to make payments of a fixed amount on a fixed schedule. For example, the borrower may have to pay interest at a fixed rate once a year and repay the prin ...
and
real estate Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more general ...
units of the pension fund's Investment Office. He also helped establish CalPERS futures unit, ran the stock trading desk, and contributed to CalPERS
corporate governance Corporate governance is defined, described or delineated in diverse ways, depending on the writer's purpose. Writers focused on a disciplinary interest or context (such as accounting, finance, law, or management) often adopt narrow definitions th ...
initiatives.


Personal

Jelincic was born in Chico, California, United States, and raised in the
San Francisco Bay Area The San Francisco Bay Area, often referred to as simply the Bay Area, is a populous region surrounding the San Francisco, San Pablo, and Suisun Bay estuaries in Northern California. The Bay Area is defined by the Association of Bay Area Go ...
. He earned a bachelor's degree in
economics Economics () is the social science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and intera ...
from
Saint Mary's College of California Saint Mary's College of California is a Private college, private Catholic Church, Catholic college in Moraga, California. Established in 1863, it is affiliated with the Catholic Church and administered by the De La Salle Brothers. The college of ...
in
Moraga Moraga is a List of municipalities in California, town in Contra Costa County, California, Contra Costa County, California, in the San Francisco Bay Area. The town is named in honor of Joaquín Moraga, member of the famed Californio family. As ...
and has an
M.B.A. A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounti ...
in finance from
Golden Gate University Golden Gate University (GGU or Golden Gate) is a private university in San Francisco, California. Founded in 1901, GGU specializes in educating professionals through its schools of law, business, taxation, and accounting. The university offers s ...
in
San Francisco San Francisco (; Spanish language, Spanish for "Francis of Assisi, Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the List of Ca ...
. He holds a Chartered Financial Analyst designation (an international professional designation offered by the
CFA Institute The CFA Institute is a global, not-for-profit professional organization that provides investment professionals with finance education. The institute aims to promote standards in ethics, education, and professional excellence in the global investme ...
). He lives in Hayward with his wife of over 30 years, and has two grown children.


Union leadership

Jelincic started his union activism as a member of Oakland Teamsters Local 70 while working as a garbage collector and later a truck driver. He joined California state service in 1986 and became active in CSEA's Civil Service Division, which is now known as
SEIU Local 1000 Service Employees International Union (SEIU) is a labor union representing almost 1.9 million workers in over 100 occupations in the United States and Canada. SEIU is focused on organizing workers in three sectors: healthcare (over half of members ...
. He is known for his years of service as chair of the Unit 1 bargaining team, representing more than 43,000 rank-and-file state workers such as employment program representatives at the
Employment Development Department In California, the Employment Development Department (EDD) is a department of government that administers the Unemployment Insurance (UI), Disability Insurance (DI), and Paid Family Leave (PFL) programs. The department also provides employment ...
(EDD), disability evaluators at the Department of Health Services (DHS), accounting officers, auditors and analysts for all departments. Jelincic was elected in November 2003 as president of the California State Employees Association, on a ticket promising to give the four association affiliates greater control over their individual programs, while working together as CSEA on issues of common interest. He was reelected in October 2005. His term ended October 2007, when he lost to Dave Hart, a fellow member of
SEIU Local 1000 Service Employees International Union (SEIU) is a labor union representing almost 1.9 million workers in over 100 occupations in the United States and Canada. SEIU is focused on organizing workers in three sectors: healthcare (over half of members ...
, an affiliated Union of CSEA. Jelincic was appointed in 2004 by California Governor
Arnold Schwarzenegger Arnold Alois Schwarzenegger (born July 30, 1947) is an Austrian and American actor, film producer, businessman, retired professional bodybuilder and politician who served as the 38th governor of California between 2003 and 2011. ''Time'' ...
to the California Performance Review (CPR) Commission. As a commissioner, Jelincic participate in public hearings up and down California on proposals to reform state government, put together by the "CPR Team". He was the only representative of working Californians on the commission.


CalPERS

In 2009, Jelincic launched a campaign for CalPERS board of administration for Seat A in the at-large election. He had a wide range of support from labor, retirees, and other employee groups. While he received the most votes out of four candidates, no candidate received a majority of the vote in the first round of balloting. A runoff election was held in December 2009, and Jelincic defeated Cathy Hackett. Jelincic is known for being an outspoken advocate for retirement security of working people. He frequently appears in the media about the subject. In August/September 2015, this took the form of criticism of CALPERS staff for their approach to fees paid to private equity fund managers.


Sexual harassment

On September 14, 2011, the LA Times reported that Mr. Jelincic was censured after he received a reprimand for sexually harassing co-workers while he was an investment adviser. "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 State Personnel Board upheld the reprimand. Two years later, in 2013, Jelincic was re-elected to another four-year term on the Board. In 2019, after retiring from active service as an employee with CalPERS, Jelincic challenged incumbent Henry Jones for a seat on the board designated as an “at large” representative of all CalPERS retirees. In a series of articles in the Sacramento Bee, the accusers from the original complaint in 2011 came forward and reiterated their opposition to Jelincic's presence on the Board and publicly challenged his candidacy and inaction of the board regarding his behavior. As a result of the increased visibility of the issue, California State Treasurer Fiona Ma and state Senator Connie Leyva, chair of the Legislative Women's Caucus initiated a letter signed by them and other prominent women leaders demanding that Jelincic remove his name from the ballot because of his failure to acknowledge or take responsibility for his behavior. Jelincic subsequently lost his election bid by a 66 to 34% margin but challenged the 2019 election results (using a process outlined in state law using independent arbitrators) alleging various violations of internal CalPERS campaign procedures chiefly regarding the publicizing of his sexual harassment history. He withdrew his challenge one day before an initial hearing with the Office of Administrative Hearings.


Strained Relations on the CalPERS Board

Jelincic also ran into trouble with other members of the CalPERS Board in 2017 over an alleged breach of rules relating to the leak of confidential Board documents to news outlets. Jelincic maintained he was upholding principles of transparency and denied he was the source of the leaks. Without admitting guilt, he agreed to attend training on confidentiality as a board member, but his relationship with board members was strained.


See also

* California State Employees Association *
SEIU Local 1000 Service Employees International Union (SEIU) is a labor union representing almost 1.9 million workers in over 100 occupations in the United States and Canada. SEIU is focused on organizing workers in three sectors: healthcare (over half of members ...


References


External links


Select media coverage


Sacramento Bee: Labor coalition re-elects leaderSacramento News & Review, Guest Comment: Responsible actionSFGate: Union officer seeks Schwarzenegger OK for time off


Testimony and statements


Statement before the California Little Hoover CommissionCSEA Responds to New Richman Pension InitiativeLetter to the Editor of Sacramento Bee re: CalPERS CoPay IncreasesLetter to Editor of USA TodayCSEA Criticizes Governor's "Borrow and Spend" Budget PlanCSEA Calls for Honesty in Dealing with Public Employee BenefitsColumn in Capitol Weekly on Thank You State Workers Day
{{DEFAULTSORT:Jelincic, Jj American trade union leaders Living people 1948 births CFA charterholders Golden Gate University alumni People from Hayward, California Activists from California