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Stories related to: calpers

Capital Public Radio

Insight With Vicki Gonzalez

CalPERS CEO Talks Pension Solvency

April 12, 2018 | Randol White

CalPERS CEO Marcie Frost outlines the steps being taken to ensure long-term sustainability as cities grapple with growing funding liabilities.

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Andrew Nixon / CapRadio

Sacramento City Finance Forecast: Good This Year But Deficits Loom

February 7, 2017 | Bob Moffitt

The City of Sacramento has a good news, bad news mid-year budget report. The good news: it has $8 million in revenue it wasn't expecting this year.

Luciano Belviso / Flickr

CalPERS To Sell All Tobacco Stocks

December 20, 2016

(AP) - The nation's largest public pension system, CalPERS, is giving up tobacco.

State Government

California Pension Fund Posts Small Gain, Misses Target

July 18, 2016

(AP) - The California Public Employees' Retirement System says its investment earnings were essentially flat in the last fiscal year, falling far short of the 7.5 percent target.

File / Charles Rex Arbogast /AP

California Pension Fund Restarts Tobacco Divestment Study

May 16, 2016

(AP) — The nation's largest public pension system has decided to press ahead with a study of whether to reinvest in tobacco stocks after going back and forth on the issue last month.

Luciano Belviso / Flickr

California Pension Board Backs Off Tobacco Divestment Study

April 20, 2016

(AP) — The nation's largest public pension system may be backing off its decision to study reinvesting in tobacco stocks it sold off 15 years ago.

California Pension Fund Won't Drop Tobacco Divestment Talks

April 18, 2016

(AP) — The board overseeing the nation's largest public-employee pension fund will consider reinvesting in tobacco stocks it sold off more than a decade ago.

Ben Bradford/Capital Public Radio

State Government

CalPERS Discloses More Private Equity Payments

November 24, 2015 | Ben Bradford

Private equity firms earned $700 million from California pension fund profits in the most recent fiscal year.

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CalPERS / calpers.ca.gov

State Government

Nation's Largest Pension Fund CalPERS Lowers Return Expectations

November 18, 2015

California's largest public pension fund has voted to lower its investments in risky funds as a cushion against economic downturns. Gov. Jerry Brown is calling the move "irresponsible."

CalPERS

Former Loomis Fire Chief Ordered To Pay Back Illegal Retirement Payments

October 22, 2015

CalPERS has ordered the former chief of the Loomis Fire District to pay back more than $460,000 in illegal retirement payments.

 

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