CalPERS CEO Talks Pension Solvency
April 12, 2018 | Randol White
CalPERS CEO Marcie Frost outlines the steps being taken to ensure long-term sustainability as cities grapple with growing funding liabilities.
April 12, 2018 | Randol White
CalPERS CEO Marcie Frost outlines the steps being taken to ensure long-term sustainability as cities grapple with growing funding liabilities.
February 7, 2017 | Bob Moffitt
The City of Sacramento has a good news, bad news mid-year budget report. The good news: it has $8 million in revenue it wasn't expecting this year.
December 20, 2016
(AP) - The nation's largest public pension system, CalPERS, is giving up tobacco.
July 18, 2016
(AP) - The California Public Employees' Retirement System says its investment earnings were essentially flat in the last fiscal year, falling far short of the 7.5 percent target.
May 16, 2016
(AP) — The nation's largest public pension system has decided to press ahead with a study of whether to reinvest in tobacco stocks after going back and forth on the issue last month.
April 20, 2016
(AP) — The nation's largest public pension system may be backing off its decision to study reinvesting in tobacco stocks it sold off 15 years ago.
April 18, 2016
(AP) — The board overseeing the nation's largest public-employee pension fund will consider reinvesting in tobacco stocks it sold off more than a decade ago.
November 24, 2015 | Ben Bradford
Private equity firms earned $700 million from California pension fund profits in the most recent fiscal year.
November 18, 2015
California's largest public pension fund has voted to lower its investments in risky funds as a cushion against economic downturns. Gov. Jerry Brown is calling the move "irresponsible."
October 22, 2015
CalPERS has ordered the former chief of the Loomis Fire District to pay back more than $460,000 in illegal retirement payments.