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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 see all

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  • State pension fund earnings beat marks

    State pension fund earnings beat marks
    The Maryland state employees' pension system reported last week that it grew to more than $40 billion during the 12 months that ended June 30 as it posted a 10.6 percent return on its investments.
  • 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...

    Former CEO of CalPERS pleads guilty to fraud, corruption charge

    Former CEO of CalPERS pleads guilty to fraud, corruption charge
    A former chief executive of the country's biggest public pension fund admitted that he took more than $250,000 in bribes and other valuable gifts from a friend and co-defendant in an influence-peddling scandal that rocked the pension investment world five...

    South Bay schools chief faces firing, repayment of money

    The suspended head of the Centinela Valley school district, who attracted public scrutiny because of his high compensation, now faces dismissal, the repayment of at least $200,000 and liability for back taxes. The Centinela Board of Education voted...

    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...