The Fair Political Practices Commission and CalPERS Board of Administration President Rob Feckner have agreed that he failed to properly report two free meals that he received from fund partners, Feckner said in this Wednesday evening e-mail to The State Worker:
Just to give you the updated information I told you I would provide you. I have my final letter from the FPPC after clarifications and info sharing, the decision is that I now only have 2 infractions.
1 dinner with AEW, a partner in senior housing, in 2007
1 dinner with Goldman Sachs in 2008.
The others have been removed.
I have now signed the stipulation order and submitted payment for my $400 fine for 2 dinners in 5 years. I am putting this behind me and chalking it up to lessons learned.
The FPPC looked at Feckner's reporting records as part of a wider probe of gifts received by current and former CalPERS board members and employees. The investigation turned up 49 people with alleged violations, but it's not yet clear the degree of the infractions, since the commission hasn't released details of its investigation yet.
It's almost certain some of the allegations will dropped entirely or reduced. In Feckner's case, investigators thought he had failed to report four meals in five years. FPPC Executive Director Roman Porter declined to comment on the Feckner matter.