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California Public Employees' Retirement System

A collection of news and information related to California Public Employees' Retirement System published by this site and its partners.

Top California Public Employees' Retirement System Articles see all

Displaying items 1-5
  • What would happen if CPS were allowed to go bankrupt?

    What would happen if CPS were allowed to go bankrupt?
    You've heard about the huge budget deficit Chicago Public Schools faces. What that means is Chicago Public Schools may not be able to open for classes this fall.
  • Q & A: California public worker pensions at risk

    Q & A: California public worker pensions at risk
    The pensions of public employees across California are not as safe as they were once thought to be. The state’s biggest pension fund, the California Public Employees’ Retirement System, spent millions of dollars to defend itself and worker...

    Letter: Devine tried to raise the pension issue

    Police, fire and members of the Managers Union were present at the Feb. 10 City Council meeting. The last issue on the agenda was an “Informational Report Reviewing the City’s Public Pension System (P.P.S.),” a request from...

    When states win lawsuits, where does the money go?

    WASHINGTON Connecticut soon will get $36 million of a $1.37 billion legal settlement with Standard & Poor's, resolving allegations that the credit ratings agency misled investors in rating mortgage-backed securities in the lead-up to the 2008 financial...

    Study warns of pension problems but workers' group decries backers' conservatism

    A study by a Tustin-based think tank recently ranked Costa Mesa near the top of California cities facing financial strain for their pension obligations, but an association representing public employees dismissed the report, asserting that the study was...