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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

Displaying items 12-22
  • With Citigroup paying up, will feds' attention now turn to BofA?

    With Citigroup paying up, will feds' attention now turn to BofA?
    With Citigroup Inc. agreeing to pay $7 billion for issuing toxic mortgage securities, the Justice Department now turns to settling its case against what analysts call the biggest mortgage miscreant of all: Bank of America Corp. The government has...
  • Glendale City Council approves $833M budget

    The City Council this week adopted a roughly $833-million budget for fiscal year 2014-15, which begins July 1, and a variety of fee changes. Two hotly contested fee proposals — bumping the costs of a Mills Act application, which provides a tax...
  • Ex-CalPERS chief to plead guilty

    The former chief executive of California's massive pension fund will plead guilty in connection with an influence-peddling scandal that rocked the state capital in 2009 and 2010, his attorney said. Federico Buenrostro Jr., 64, of Sacramento, has...
  • Commentary: No simple solution for unfunded pensions

    Editor's note: Attorneys John Stephens and Tim Sesler, two members of Costa Mesa's Pension Oversight Committee, asked the Daily Pilot to publish the panel's findings and recommendations. The committee put together a series of three articles, titled...
  • Anthem, HealthCare Partners save $4.7 million by coordinating care

    Anthem, HealthCare Partners save $4.7 million by coordinating care
    Insurance giant Anthem Blue Cross and the HealthCare Partners physician group say a new effort to coordinate care among 55,000 patients helped save $4.7 million. In results released Friday, the two companies said their collaboration, known as an...
  • Laguna budget includes paying down unfunded pension liability

    Pensions and public safety took center stage as the Laguna Beach City Council weighed in last week on how the city should spend its money in the next fiscal year. The council directed the city to set aside $1 million in the next fiscal year to start...
  • Joseph A. Dear dies at 62; CalPERS investment chief

    Joseph A. Dear dies at 62; CalPERS investment chief
    SACRAMENTO — Joseph A. Dear, the chief investment officer who helped guide California's and the country's largest public pension fund out of the Great Recession, has died. He was 62. Dear died Wednesday in Sacramento after battling prostate cancer...
  • Ashley Swearengin for state controller

     Ashley Swearengin for state controller
    What, you may wonder, does the state controller do? Among other things, he or she serves as the state's fiscal watchdog, keeps track of the checkbook, helps administer the California Public Employees' Retirement System and the California State Teachers'...
  • Council examines budget priorities, including capital improvements

    The Costa Mesa City Council on Tuesday held a study session on the city's nearly $140-million preliminary budget for the 2014-15 fiscal year, an amount that includes about $19 million in proposed capital improvements. The budget, which faces final...
  • John Chiang for state treasurer

    John Chiang for state treasurer
    The California state treasurer is charged with investing the state's money and selling its bonds. That's not quite as sweeping as it sounds. The Legislature and voters actually decide what projects to sell bonds for, and there are numerous constraints...
  • Letter: Glendale is on the hook with CalPERS

    Our City Council likes to brag how we are spending millions of dollars on parkland services. But, nearly 90% of the parkland money comes from grants by the county, state or federal government. Thus, only 10% comes from the city’s General Fund....