By Alan Ray
Wednesday, September 10, 2014
California's chief financial officer says thousands of public workers have sweetened their retirement checks with legal pension spiking that will cost the state nearly $800 million over two decades.
Tuesday, August 19, 2014
Temporarily promoted new hires would be factored into how the California Public Employees’ Retirement System calculates its pensions under a vote Tuesday of a CalPERS Committee.
By Katie Orr
Monday, August 18, 2014
Some California state employees could get unexpected increases to their pensions under proposed regulatory changes.
By Max Pringle
Monday, July 14, 2014
California’s two largest public employee pension systems are reporting higher-than-expected profits from their investment portfolios.
Tuesday, March 11, 2014
(AP) -- Sacramento's eminent domain lawsuit against the owners of a former Macy's department store downtown will be tried in the city.
Wednesday, February 19, 2014
The board of CalPERS voted to ask for more money, starting in the new fiscal year, and phasing up. There's also concern over the future solvency of CalSTERS, the pension fund for teachers, facing an unfunded liability of $71 billion.