Daily Breeze

California’s state and local pension plans have over $265 billion in debt

California’s public pension plans are taking on more risk than other pension systems while generating relatively poor investment return results, a new Reason Foundation report finds. The California ...
Sacramento Bee

CalPERS reports strong annual returns. What it means for huge pension system

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 ...
Daily Breeze

California’s taxpayer-backed pension systems invest in Bitcoin and crypto

For CalPERS, CalSTRS, and other public pension funds, crypto-related risk should be disclosed separately in asset-allocation ...
Pensions&Investments

CalPERS launches search for Dan Bienvenue's replacement as deputy CIO-capital markets

CalPERS is searching for a deputy chief investment officer – capital markets to replace Dan Bienvenue, a longtime presence at the country's largest pension fund who left in April. The $533.6 billion ...
Hosted on MSN

CA state retirement fund lost 71% of $468M put in clean energy, won’t say how

(The Center Square) – The California Public Employees' Retirement System for state employees lost 71% of its $468 million investment in a clean energy and technology private equity fund, state records ...