Welcome to John Gordon's Positive University podcast. My name is Daniel Decker. I'm the co-host of

Positive U. And on this episode, John Talks with Marcy Frost. Marcy is the chief executive officer of Calpers, a pension fund which administers a retirement

system for more than 1.9 million California public sector workers and their families

and purchases health care for more than 1.4 million public sector employees.

Marcy oversees a global investment portfolio of, get this, more than 350 billion dollars.

And she manages over 2,800 employees in an annual budget of 1.8 billion to administer the system.

It's safe to say that Marcy knows a thing or two about leading at a high level.

And in this interview, she shares a ton of great leadership insights that I know you're going to benefit from.

Now, if you want to dive deeper and learn how to become a better leader who creates positive results like

Marcy, attend one of our upcoming Power of Positive Leadership one day trainings or have our team bring a

training to you. You can get the details at power of positive leadership.

And while you're there, take our free positive leader self-assessment

to determine your positive leadership score.

And let's join John and Marcy. Hey, I'm John Gordon with Positive University and today my guess is

Marcy Frost. Marcy is the CEO of Calpers. Marcy tell us what

what Calpers is and what it's all about.

Hi John, CalPers is the California Public Employees Retirement System and we provide

pension or retirement benefits and health care benefits to about 2 million members in the state of California.

Those are both people who are currently working in a job in California or who have retired from a job in California.

And you also manage a lot of funds, right, for the state.

Talk about the amount of funds we're talking about.

So we collect contributions both from the employers as well as from the members and our

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