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 ...

The $556.3 billion California Public Employees’ Retirement System is looking to change the way it invests — and some strategists think the proposed approach could be as game-changing as the Yale Model ...

CalPERS board candidates take questions during a candidate forum at CalPERS headquarters in Sacramento on Wednesday. JOSÉ LUIS VILLEGAS [email protected] Six candidates vying for one of two board ...

The California Public Employees’ Retirement System (CalPERS) has a new pharmacy benefits contract with CVS Caremark, the group announced Tuesday. Prescription drug benefits will be available for ...

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 ...

Local governments looking for part-time help have occasionally turned to government retirees to provide it. That’s how Tarlochan Sandhu, a retired government finance expert, found himself back in the ...

The California Public Employees’ Retirement System has $180 billion in unfunded liabilities as of its latest report. To try to reduce this debt, the nation’s largest pension system recently approved a ...

Where California goes, the nation follows, the saying goes, and it appears to be true when it comes to the California Public Employees' Retirement System. The nation's largest public pension fund had ...

The tree is real; so is Sarah. File this in your “stitch-in-time-saves-nine” (and perhaps millions of dollars) file. We suggest this because you probably don’t have an “if you pay a retiree from a ...

File this in your “stitch-in-time-saves-nine” (and perhaps millions of dollars) file. We suggest this because you probably don’t have an “if you pay a retiree from a tiny city more than a half-million ...

The California Public Employees' Retirement System (CalPERS) will be awarding two new contracts designed to lower healthcare costs. The contracts – with Blue Shield of California and Included Health – ...