CalPERS maintains that divestment increases investment risk, and has instead pledged $100 billion in sustainable investments.
A Q&A with CalPERS Chief Investment Officer Stephen Gilmore on how Total Portfolio Management could strengthen the retirement ...
Allie Lindstrom, a senior strategist for the Sierra Club's Sustainable Finance campaign, applauded CalPERS for its ambitious ...
The California Public Employees’ Retirement System, or CalPERS, headquarters buildings are photographed Thursday, Sept. 16, 2021, in downtown Sacramento. Xavier Mascareñas xmascarenas@sacbee.com The ...
CalPERS board candidates take questions during a candidate forum at CalPERS headquarters in Sacramento on Wednesday. JOSÉ LUIS VILLEGAS jvillegas@sacbee.com Six candidates vying for one of two board ...
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 ...
CalPERS leaders approved a 90% premium increase for its long term care insurance plans Tuesday, seven years after the announcement of a similar increase spurred a lawsuit. The new rates will be ...
CalPERS swung to a 5.8% gain in its latest fiscal year as the stock market rally and private debt buoyed the largest traditional public pension fund in the United States. The preliminary return for ...
Calpers just unloaded $6 billion in private equity funds to second-hand buyers supposedly at a 10% discount. Sounds like a $600 million transfer of state workers’ wealth to Wall Street. Calpers, the ...
The California Employee’s Retirement System cites dozens of retirees each year for violating a law that limits employment after stopping work and collecting a pension. But the pension system has ...
NEW YORK, NY - JUNE 03: Warren Buffett speaks at the Forbes' 2015 Philanthropy Summit Awards Dinner on June 3, 2015 in New York City. (Photo by Monica Schipper/WireImage) CalPERS, a public pension ...
Three years ago, the largest U.S. pension fund made an unusual investment. It bought so-called tail-risk protection, a kind of insurance against financial catastrophe. In a market meltdown like the ...