State legislators, as state employees, qualify for pensions from PERS, but they also benefit from a decades-old program just ...
CalPERS Chief Executive Officer Marcie Frost in remarks to the board described the return as the fund's best year since 2014, ...
CalPERS’ investment returns determine whether government agencies — and taxpayers — have to kick in extra money to cover ...
CalPERS explained: California’s $637B public pension fund, how it’s funded, and what 85% funded status means for retirees and ...
California's giant public pension fund just posted one of its best years in recent memory, and the ripple effects could reach ...
The California Public Employees’ Retirement System (CalPERS) posted a 14.8% return for its latest fiscal year, fueled by a ...
Many years ago, industry switched to defined contribution pensions. Employers contribute to a worker’s pension, the worker controls the investments, and the resulting sum is what the worker receives ...
Nevada should learn from Chicago’s mistakes and move to a hybrid system that gives individual state workers their own ...
Facing a $7.2 million deficit for the fire station under construction in Chino Hills, the Chino Valley Fire District will ...
The Lindsay City Council will take on the issues of unfunded liabiliites through CalPERS and tort reform at its next meeting. The council will meet at 6 p.m. Tuesday.