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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
  • Newport council to consider faster pension payoff

    The Newport Beach City Council will consider a plan Tuesday night to more quickly fund employee pensions.
  • Trash franchise fee to rise to help pay city pension costs

    Huntington Beach has found a way to help pay down its growing employee pension costs. City Council members voted 6 to 0 on Monday, with Mayor Matthew Harper absent, to gradually increase the franchise fee the city charges trash collector Rainbow...

    Holdout creditor files appeal to Stockton, Calif., exit from bankruptcy

    (Reuters) - The holdout creditor in the bankruptcy case of Stockton, California, has filed an appeal this week to a judge's ruling that allowed the city to exit Chapter 9 protection. Franklin Templeton Investments is appealing the court's decision in...

    California pension funds are running dry

     California pension funds are running dry
    A decade ago, many of California's public pension plans had plenty of money to pay for workers' retirements. All that has changed, according to a far-reaching package of data from the state controller. Taxpayers are now on the hook for billions of...

    Turmoil at Pimco bruises its brand

    Turmoil at Pimco bruises its brand
    For years, Owen Murray believed that Pacific Investment Management Co. was a safe bet for his clients for one big reason. "They were just very, very consistent," said Murray, investment director at a financial advisory firm for wealthy individuals in...