Recent strong investment returns are part of the reason the contribution rate is declining a bit. Another is that the state ...

Attorneys for three major groups representing the local government agencies that participate in CalPERS -- the League of ...

California’s two big public pension funds have been under increasing pressure to divest from fossil fuels as other big institutional investors move to shed their holdings in oil companies and other ...

The largest U.S. pension fund is ramping up its exposure to private equity and private credit in a $34-billion bet that the riskier assets will fuel higher returns. The board of the California Public ...

Local governments and retired annuitants say California’s post-retirement employment laws are unclear, which could lead to ...

A new CalPERS proposal would “more than double its climate-focused investments to $100 billion by 2030” and “consider selling stocks in companies with poor plans for the energy transition.” The ...

The California Public Employees’ Retirement System reported Monday a preliminary return of 11.6% in the past 12 months, which grew the fund’s value to $556 billion. Jay Mather Sacramento Bee file ...

The California Public Employees’ Retirement System has $180 billion in unfunded liabilities as of its latest report. To try to reduce this debt, the nation’s largest pension system recently approved a ...

Add Yahoo as a preferred source to see more of our stories on Google. The California Public Employees’ Retirement System, or CalPERS, headquarters buildings in ...

Forbes contributors publish independent expert analyses and insights. Robert Eccles writes about sustainability in the capital markets. The California Public Employees’ Retirement System (CalPERS) has ...