Tag: Bay Area Rapid Transit

CalPERS Board Member Faces Quadrupled Fine After Repeatedly Failing To Disclose Campaign Finances

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CalPERS board member Priya Mathur failed to turn in campaign finance and conflict of interest statements in 2002, 2007, 2008, 2010, 2012 and 2013.

She’s been fined numerous times, but her next one is going to be bigger the biggest yet: the panel that levies the fines has agreed to quadruple Mathur’s latest fine, from $1000 to $4000. From the Sacramento Bee:

The Fair Political Practices Commission plans to impose a $4,000 fine at its Oct. 16 meeting. Mathur has agreed to the fine, according to FPPC documents.

The agency’s staff had proposed a $1,000 fine for Mathur’s most recent violation, in which she failed to file campaign finance statements on time. But the commissioners decided at their August meeting that Mathur’s repeat offenses warranted a penalty of $4,000. The fine comes to $1,000 for each of the four campaign finance statements that she was late in filing.

In a Sacramento Bee interview earlier this summer, she blamed the latest problems on a paperwork snafu. But FPPC staff said it took “numerous requests” from investigators to get Mathur to finally submit the documents.

Mathur last week was declared the winner, based on preliminary results, in her bid for re-election. An official with the Bay Area Rapid Transit district, Mathur will serve another four-year term starting in January.

Mathur has been fined $13,000 by the Comission during her time on the CalPERS board.

CalPERS Board Election Results Are In; Taylor, Mathur Win Seats

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The results are in: Theresa Taylor has won a spot as the newest member of the CalPERS Board of Administration, and incumbent Priya Mathur has been re-elected, as well. From the Sacramento Bee:

Theresa Taylor has won election to CalPERS Board of Administration and incumbent Priya Mathur has won re-election to the panel, according to an uncertified vote count by the retirement system.

Taylor, a Franchise Tax Board investigator who was supported by SEIU Local 1000, won the state-agency seat with 55 percent of votes cast. Mathur, a Bay Area Rapid Transit financial analyst first elected to the board in 2003, kept her public-agency seat with 56 percent of the vote.

Taylor and Mathur will serve 4-year terms that begin on January 16. The board oversees a $300 billion public-employee retirement system and health programs administered for 1.6 million current and retired government employees and their dependents.

Priya Mathur is a long-time veteran of the board who has run into trouble over the years as she has consistently failed to file conflict of interest documents and other financial statement on time. She turned in those documents late in 2002, 2007, 2008, 2010, 2012 and 2013.