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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 23-33
  • The ugly surprise of out-of-network doctors and 'balance billing'

    The ugly surprise of out-of-network doctors and 'balance billing'
    The New York Times' Elisabeth Rosenthal offered an important lesson in healthcare economics over the weekend that's a must-read for anyone about to undergo a major medical procedure. Rosenthal's piece explored how charges from out-of-network providers...
  • 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...
  • 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...
  • Newport council to consider faster pension payoff

    The Newport Beach City Council will consider a plan Tuesday night to more quickly fund employee pensions. Instead of rolling forward the unfunded pension liability — the difference between the amount the city will owe in retirement benefits and...
  • Cop arrested in prostitution sting is set to get $10,579 a month in paid leave

    Cop arrested in prostitution sting is set to get $10,579 a month in paid leave
    A Glendale police sergeantĀ arrested last month for allegedly soliciting a prostitute will makeĀ more than $10,000 a month on paid leave until he retires at the end of 2015, records show. The arrangement was reached months before Sgt. Vahak Mardikian&...
  • John Chiang is best choice for California treasurer

     John Chiang is best choice for California treasurer
    John Chiang was the best candidate for state treasurer in the June primary, and he's the best candidate now. A lawyer and a Democrat who is termed out of his job as state controller after eight years, Chiang has the experience and the political and...
  • Council candidate Peterson rocks a financial perspective

    Council candidate Peterson rocks a financial perspective
    Huntington Beach City Council candidate Erik Peterson, a punk rocker back in his teenage days, still enjoys a TSOL concert every now and then. But Peterson, now 46, says he has a plan to improve the city while not sticking it to the man. "The...
  • Stockton bankruptcy ruling could deal blow to CalPERS, public pensions

    Stockton bankruptcy ruling could deal blow to CalPERS, public pensions
    A federal bankruptcy judge dealt a serious blow to California's public employee pension systems by ruling Wednesday that payments for future worker retirements can be reduced when a city declares bankruptcy -- just like its other debts. U.S....
  • CalPERS decides hedge funds are a sell

     CalPERS decides hedge funds are a sell
    SACRAMENTO — The country's biggest public pension system is getting out of hedge funds. The California Public Employees' Retirement System, with $298 billion worth of investments in its portfolio, announced that over the next year it plans to sell...
  • Stockton bankruptcy ruling a blow to pensions

    Stockton bankruptcy ruling a blow to pensions
    SACRAMENTO — A federal bankruptcy judge dealt a blow to California's public employee pension systems by ruling Wednesday that payments for future worker retirements can be reduced when a city declares bankruptcy — just like its other debts....
  • Cities may use bankruptcy to cut worker pensions

    Cities may use bankruptcy to cut worker pensions
    Financially pressed California cities might turn to bankruptcy as a way to cut their increasing pension costs after a judge's ruling, experts said Thursday. Analysts from Moody's Investor Services, a bond rating firm, said that Wednesday's ruling by a...