Jan. 10 (Bloomberg) — Joseph Dear, chief investment officer of California Public Employees’ Retirement System, the largest U.S. public pension plan, is taking leave to continue personal health treatments.

Ted Eliopoulos, current senior investment officer for real estate, will serve as acting CIO of the more than $277 billion pension plan, also known as CalPERS, spokesman Brad Pacheco said in an e-mailed reply to a Bloomberg News query. Dear, 62, isn’t stepping down, Pacheco said, adding that he has no timeframe for Dear’s medical leave. Dear will continue to periodically attend meetings and calls to “provide his expertise on important issues,” Pacheco added.

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