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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 37-48
  • Joseph A. Dear dies at 62; CalPERS investment chief

    Joseph A. Dear dies at 62; CalPERS investment chief
    SACRAMENTO — Joseph A. Dear, the chief investment officer who helped guide California's and the country's largest public pension fund out of the Great Recession, has died. He was 62. Dear died Wednesday in Sacramento after battling prostate cancer...
  • When it comes to pensions, California is no Detroit

    The Detroit bankruptcy court judge's ruling that employee pensions are "on the table" for potential reductions has spurred yet another round of acrimonious debate between those on the right who blame public-sector pensions for virtually all of government'...
  • City's retirement burden tallied

    It was almost 11 p.m. Tuesday, nearly five hours after the start of the Costa Mesa City Council meeting, when the discussion turned to a touchy subject: pension obligations. That's when the "big boogeyman" of a number, as the city's Pension Oversight...
  • Mesa Water OKs labor pact

    Board members for the Mesa Water District approved a new labor agreement this week that will have the district's union membership contributing to its pensions. The contract for the 32-member employee association stipulates that by December 2017, the...
  • Occidental College bans investments in assault weapons companies

    Occidental College bans investments in assault weapons companies
    In a move that activists described as the first of its kind for any American college or university, Occidental College in Los Angeles is pledging to stay away from any investments in companies that manufacture military-style assault weapons and high-...
  • The lesson of Bell: A watchful citizenry is still crucial

    The conviction this week of former Assistant City Manager Angela Spaccia for plundering the small working-class city of Bell to enrich herself — along with former City Manager Robert Rizzo's plea to 69 similar charges in October — closes one...
  • CalPERS posts 16.2% return on investments in 2013

    SACRAMENTO — California's huge pension fund reported a 16.2% return on its investments in 2013 — its best results in more than a decade. The California Public Employees' Retirement System, which provides benefits to about 1.7 million state...
  • District favors retirement incentives

    The Laguna Beach Unified School District board unanimously voted Jan. 14 for a tentative contract that would allow certain teachers and administrators to retire early and still reap certain benefits. But the retirement incentive program would be offered...
  • Pension panel meets with fund official

    A nearly four-hour meeting on Costa Mesa's public pension plans Wednesday brought modest debate to the fore of what's been called an "out-of-control" financial situation for taxpayers. The city's Pension Oversight Committee met with Kerry Worgan, a...
  • JPMorgan mortgage settlement is biggest in U.S. history

    NEW YORK — JPMorgan Chase has agreed to a $13-billion settlement with the government over selling shoddy mortgage investments, ending a legal battle that signals a tougher stance against Wall Street wrongdoing. The nation's largest bank admitted to...
  • Charter committee re-examines council pay

    In a reversal, the committee tasked with drafting a charter for Costa Mesa on Wednesday decided to re-examine the compensation of City Council members and edged toward giving them a to-be-determined fixed stipend. The Costa Mesa Charter Committee had...
  • Former Bell Police Chief Randy Adams to take stand today

    Former Bell Police Chief Randy Adams to take stand today
    In a surprise move Tuesday, former Bell Police Chief Randy Adams told a Los Angeles County Superior Court judge that he plans to testify in the corruption case against the city's second-in-command, Angela Spaccia. "I will testify," said Adams, who in...