California Public Employees' Retirement System

NEW YORK — A major shareholder vote next week has Wall Street abuzz over the power and future of Jamie Dimon, leader of the country's biggest bank. As chairman and chief executive of JPMorgan Chase & Co., Dimon burnished his reputation by steering...

About 300 labor union members and other activists staged a demonstration to protest the potential sale of the Los Angeles Times to the politically conservative Koch brothers. Demonstrators marched outside the downtown L.A. headquarters of Oaktree...

Former Glendale Police Capt. Ray Edey is not one to relax, so when he had the opportunity to return to writing grant applications for the city in September 2011, about a week after he retired, he took it. "I don't golf, fish or hunt," said the 30-year...

As Glendale struggles to get a handle on its growing pension obligations, records show that about 11% of the nearly 1,350 city retirees draw annual pensions of more than $100,000 a year — and some of them far more than that. At the top of the list...

The City Council voted 4-0 Thursday night to convert an hourly recreation assistant position without health benefits to a 30-hours-a-week position with benefits in order to avoid a $3,000 federal penalty under the Affordable Care Act. The additional...

City officials made it clear Tuesday night: While the investigation into last summer's fire at the Chevron refinery here is near an end, the legal and policy implications will reach far into the future. Though it postponed making a formal decision...

Glendale officials say they expect the city to end the fiscal year next month $3.9 million in the black — money that could be used to shore up worker compensation and other funds that are in severe need of replenishment. In addition to the surplus...

Proposed legislation to remove junk food and sugar-loaded drinks from vending machines at California state office buildings and on government property is intensifying debate about when the battle against obesity becomes a gateway to "nanny state" tactics....

By Nadia Damouni and David Henry May 5 (Reuters) - JPMorgan Chase & Co's Jamie Dimon may be losing ground in his fight to keep the title of chairman, as some major investors push for more oversight of the chief executive after the "London whale"...

It's a common refrain at City Hall: Employee raises have been frozen since 2009 due to austere budget conditions. But that doesn't necessarily mean city employees haven't been making more money. In 2012, roughly three-quarters of the top 45 salary-...

An "out of control" financial situation. An "ugly situation." A city that's "handcuffed." Not just a "Costa Mesa problem." Those were a few of the words used to describe the city's employee pension program through the California Public Employees'...

David Crane, a businessman who advised former Gov. Arnold Schwarzenegger on financial matters -- particularly long-term public pension deficits -- recently wrote an I-told-you-so piece for the Bloomberg news service about the State Teachers Retirement...