Local governments and retired annuitants say California’s post-retirement employment laws are unclear, which could lead to ...
Attorneys for three major groups representing the local government agencies that participate in CalPERS -- the League of ...
Yes, CalPERS is still digging out from lawmakers' overpromises and past investment losses. But you can see a trend that could save taxpayers money over time in a new analysis from the pension fund.
America’s largest public pension funds are rethinking how they invest, manage risk, and plan for the future. CalPERS is moving to a Total Portfolio Approach to boost flexibility and returns, while ...
California’s two big public pension funds have been under increasing pressure to divest from fossil fuels as other big institutional investors move to shed their holdings in oil companies and other ...
Opponents of the transparency bill say requiring more disclosures around private equity will put CalPERS at a disadvantage.
THAT'S THE HOPE ANYWAY. TY: ABSOLUTELY. AND STICKING WITH CalPERS TODAY CalPERS, THE CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM REPORTED A 6.1 MILLION LOSS FOR THE FISCAL YEAR. WHAT DOES THAT MEAN ...
A new CalPERS proposal would “more than double its climate-focused investments to $100 billion by 2030” and “consider selling stocks in companies with poor plans for the energy transition.” The ...
A CalPERS proposal to limit how many years retirees may work for public agencies while continuing to receive a pension has its origins in a 2019 audit that identified widespread violations of state ...
The California Public Employees’ Retirement System, CalPERS, announced a preliminary investment return of 11.6% for the 2024-2025 fiscal year. The system has not yet released the financial report for ...
Every four years, California’s largest public pension fund undertakes a reevaluation process to balance its anticipated investment returns with the expected cost of benefits paid to retirees. This ...
California's $2 billion budget accounting error tied to CalPERS went undisclosed for months, even as the state projected a $3 ...