Public Retirement Journal

08/29/2018

CalPERS on Aug. 29, 2018 named Michael Cohen as its next chief financial officer. Since 2013, Cohen has been Gov. Jerry Brown’s top budget officer as the state’s Finance Department Director.

02/15/2018

CalPERS returns 15.7% in 2017, outperforming its benchmark - Pensions & Investments

CalPERS earned a 15.7% net return in 2017, besting its benchmark by 25 basis points.

02/14/2018

Pension fund hits milestone: It’s earning more money than it’s paying out

Higher payroll contributions and a rising stock market gave CalPERS a more stable financial outlook.

02/02/2018

CalPERS costs 'unsustainable,' CA cities say | The Sacramento Bee

Higher pension costs are endangering public services, California cities argue in a new report.

01/19/2018

CalPERS names Priya Mathur as first female board president - Sacramento Business Journal

Priya Mathur has been elected as the first-ever female board president of the California Public Employees’ Retirement System’s board of administration.

01/10/2018

CalPERS CEO Marci Frost & CIO Ted Eliopoulos appearing before California Legislature this morning. They’ll discuss commitment to our fiduciary duty, including long-term investing and … Listen here: http://bit.ly/2AOt0kE

11/24/2017

California should be able to reduce public employees’ pension benefits, Jerry Brown argues |

California Gov. Jerry Brown’s office took over the state’s defense of his pension reform law, PEPRA, against a union lawsuit.

10/04/2017

State science union leader wins CalPERS seat | Sac Bee

Scientist and former CAPS President David Miller won a seat on the CalPERS Board of Administration. He’ll succeed J.J. Jelincic.

09/28/2017

L.A. Pension Board Cuts Investment Projections | California City News

L.A. Pension Board Cuts Investment Projections Thu, 09/28/2017 The board that oversees pension benefits for thousands of workers in the City of Los Angeles reduced its projected rate of return Tuesday in a move that will further strain the city’s general budget. Expected yearly earnings were cut fro...

08/22/2017

Aug. 22 Letters: Former SJ mayor is still wrong on pensions

In San Jose, the voters overturned Reed’s failed pension strategy – Measure B. The police department is now recovering.

08/14/2017

Retirement savings getting sabotaged by GOP-commentary

How GOP politicians are making it more difficult for millions of working Americans to save for retirement, says Diane Oakley.

07/17/2017

CalPERS reports 11.2% return for fiscal year - Pensions & Investments http://bit.ly/2vatb8i

CalPERS reported a preliminary net return of 11.2% on its investments in the fiscal year ended June 30.