About J.J. Jelincic
Joseph John Jelincic, Jr., better known as “J.J.” Jelincic, retired from the California Public Employee’s Retirement System (CalPERS) after 33 years. He served eight years as a Member at Large on the CalPERS Board of Administration. He was elected in 2009 and re-elected in 2013.
Jelincic is the past president of the California State Employees Association (CSEA), a labor group representing 140,000 active and retired state employees. Jelincic, was elected president in November 2003. He was re-elected in October 2005. Among his accomplishments as President of CSEA, he issued the California State Retirees its corporate affiliation charter.
Jelincic has a bachelor’s degree in economics from Saint Mary's College of California in Moraga and has an M.B.A. in finance from Golden Gate University in San Francisco. He holds a Chartered Financial Analyst® designation. The CFA® is to investments what the CPA is to accounting.
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. He has represented the rank-and-file employees at CalPERS as a steward, chief steward and chapter president. He also served the 43,000 professional and financial state employees as chair of Unit 1 the bargaining team. He has been involved in discussions about pension formula and health care benefit design and provider network. He knows the key CalPERS personnel and how the System actually operates.
Jelincic was appointed in 2004 by California Governor Arnold Schwarzenegger to the California Performance Review (CPR) Commission. As a commissioner, Jelincic participated in public hearings up and down California on proposals to reform state government. He was the only representative of working Californians on the commission.
Jelincic brings something unique to the CalPERS Board. The fact that he has been a garbage man, a truck driver, a banker and an investment officer he offers a diversity of vision and insight. He has both blue and white collar experience.
Jelincic has had a very wide range of experience within CalPERS. He has worked in the stock, fixed income and real estate units. He set up the CalPERS futures program and ran the stock trading desk. He has also worked in the corporate governance unit.
As the President of CSEA and as a CalPERS Board Member, Jelincic dealt with many groups both within CSEA and in coalitions with labor and retiree organizations and other interest groups. He was able to use his knowledge of CalPERS and his relationships with the CalPERS Board and staff to begin a series of meetings to discuss health plan benefit design. This gave members the ability to be aware of and influence the discussions between CalPERS and the health care providers.
Jelincic lives in Hayward with Christine, his wife of over 40 years, and has two children.