News

The country’s largest public-pension fund is seeing positive early results from an overhaul of its private-equity program intended to break with its past inconsistency and disappointing returns.
The No. 1 position for the California Public Employees' Retirement System (CalPERS) hasn't lost money on a rolling 20-year ...
CalPERS has now reported that its former chief financial officer, Charles Asubonten, misrepresented his work history and earnings before he was hired in October 2017. He resigned quietly in May ...
Earlier this summer, CalPERS announced Blue Shield and Included Health would administer the state workers and retirees’ basic and Medicare PPO plans. The change, CalPERS said, will lower ...
Calpers just unloaded $6 billion in private equity funds to second-hand buyers supposedly at a 10% ...More discount. Sounds like a $600 million transfer of state workers’ wealth to Wall Street ...
Double-digit stock performance helped propel the nation's biggest pension fund to its best return since its fiscal 2021. The $514 billion California Public Employees' Retirement System earned 9.3% ...
Maintaining the PEPRA reforms is part of the state’s best hope for fully funding public pension benefits and eliminating debt.
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 US. The preliminary return for fiscal ...
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 ...
CalPERS recently announced their intention to vote against all 12 Exxon board members and CEO Darren Woods at the oil firm’s shareholder meeting next Wednesday for allegedly attempting to ...