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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 34-44
  • 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....
  • 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....
  • 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&...
  • 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...
  • 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...
  • Grand jury data on pension liabilities paint varied pictures

    In a report aiming to evaluate how cities are being affected by pension liabilities, the Orange County Grand Jury called for area cities to make more budget information readily available. Lacking the desired data, the 2013-14 group tried to use its...
  • Pension 'spiking' to cost CalPERS nearly $800 million, controller says

    Taxpayers and local governments are on the hook to pay nearly $800 million stemming from "legal" pension spiking over the next two decades, the state controller said Tuesday. The price tag came as Controller John Chiang issued a new audit of the...
  • Pension spiking could cost CalPERS nearly $800 million

    SACRAMENTO — A legal way to increase pensions by boosting the final pay of retiring state and local government workers could drive up public employee pension costs in California by as much as $796 million over the next 20 years, the state controller...