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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
  • Ethics watchdog agency to weigh fine for CalPERS board vice president

    Ethics watchdog agency to weigh fine for CalPERS board vice president
    California’s political watchdog agency will consider quadrupling a fine against newly reelected CalPERS board Vice President Priya Mathur for failing to file timely campaign finance reports for 2012 and 2013. The proposed penalty follows a...
  • Stockton pension ruling: More bark than bite?

    A federal bankruptcy judge's decision that Stockton could toss out its contract with CalPERS, the state's giant pension fund, may lead to deep cuts in workers' and retirees' pensions, even though the city didn't ask for any cuts at all. It also could lead...
  • 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...
  • 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....
  • 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

    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....
  • 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...
  • 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 sergeant arrested last month for allegedly soliciting a prostitute will make 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&...
  • Huntington council hopefuls debate pensions, housing, bans

    Pension costs, housing density and the city's plastic bag ban were among the topics discussed during a Huntington Beach City Council candidates forum Wednesday night. Nine of the 11 candidates in the Nov. 4 election — Mayor Pro Tem Joe Shaw,...
  • 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...
  • Climate change fears spur divestment on fossil fuels

    In the run-up to a United Nations summit this week aimed at combating climate change, a small but growing number of multimillion-dollar investors are demanding more aggressive steps to wean countries from fossil-fuel consumption. The fledgling...