Patricia K. Macht, the long-time public face of CalPERS, announced Thursday that she is retiring from the fund at the end of June.
Macht, a former journalist who is married to Bee deputy city editor Maury Macht, started with CalPERS in 1995 as its public affairs chief and developed the fund's internal and external communications programs. She was promoted to assistant executive officer in 2002.
CalPERS created a deputy-level position, director of external affairs, and promoted Macht into it in July 2009. The post paid $136,553 last year on a base of $116,743, according to state payroll records.
In a letter to staff this afternoon announcing Macht's departure, fund CEO Anne Stausboll wrote:
Pat has built one of the best communication programs in State government, backed by a talented team of communication professionals. She has led her team with the highest of standards in ethics, openness and integrity, and this has made CalPERS a professional and trusted source of information.
PHOTO: Patricia Macht / www.calpers.ca.gov