Recent strong investment returns are part of the reason the contribution rate is declining a bit. Another is that the state ...

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 ...

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 ...

California's $2 billion budget accounting error tied to CalPERS went undisclosed for months, even as the state projected a $3 ...

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 ...

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 ...

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 ...

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 ...