California Public Employees Pension Fund

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3d
The Sacramento Bee
CalPERS makes huge New York real estate dealone of the biggest real estate investments in its history, purchasing a New Yor
CalPERS makes huge New York real estate deal
The Sacramento Bee / Posted 3 days ago
one of the biggest real estate investments in its history, purchasing a New York office tower for $1.9 billion. The big pension fund confirmed Tuesday it has bought the 50-story Manhattan office building, saying the deal is emblematic of its... Read more
4d
Orange County Register
Pension peril comes into sharper focusUsually, “Follow the money” is a good starting point when examining government
Pension peril comes into sharper focus
Orange County Register / Posted 4 days ago
Usually, “Follow the money” is a good starting point when examining government operations. Especially concerning pension obligations, one of the more welcome changes in government the past decade has been the adoption of rigorous accounting methods... Read more
4d
The Sacramento Bee
Dumping coal stock was easy, oil not so muchThe decision by the California State Teachers’ Retirement System board last wee
Dumping coal stock was easy, oil not so much
The Sacramento Bee / Posted 4 days ago
The decision by the California State Teachers’ Retirement System board last week to unload its remaining coal holdings was significant, but mostly for its symbolism. As required by legislation carried by Senate President Pro Tem Kevin de León last... Read more
5d
Orange County Register
Private equity, public benefitshas pointed out that many rich people, namely investment managers for private e
Private equity, public benefits
Orange County Register / Posted 5 days ago
has pointed out that many rich people, namely investment managers for private equity, real estate and venture capital funds, pay a lower tax rate (capital gains) than teachers and nurses. This sounds absurdly unfair. But is it? Not really.... Read more
7d
Marin Independent Journal
Marin IJ Readers’ Forum for Feb. 6chief Our three West Marin village associations hope that our county superviso
Marin IJ Readers’ Forum for Feb. 6
Marin Independent Journal / Posted 7 days ago
chief Our three West Marin village associations hope that our county supervisor, Steve Kinsey, who is also chair of the California Coastal Commission, will support Charles Lester, the commission’s executive director, at the Feb. 10 hearing at... Read more
7d
Naked Capitalism
CalPERS Takes on Risk Where Federal Government Fears to Tread: Provides Liquidity to a Derivatives Central Counterparty on the Cheapmoves I can recall reading about, the financial equivalent of trying to pick up
CalPERS Takes on Risk Where Federal Government Fears to Tread: Provides Liquidity to a Derivatives Central Counterparty on the Cheap
Naked Capitalism / Posted 7 days ago
moves I can recall reading about, the financial equivalent of trying to pick up pennies before a steamroller. The giant California pension fund has signed up to take on systemic risk at a bargain basement price, by providing liquidity support to... Read more
7d
Naked Capitalism
CalPERS Takes on Risk Where Federal Government Fears to Tread: Provides Credit Lines to a Central Counterparty on the Cheapmoves I can recall reading about, the financial equivalent of trying to pick up
CalPERS Takes on Risk Where Federal Government Fears to Tread: Provides Credit Lines to a Central Counterparty on the Cheap
Naked Capitalism / Posted 7 days ago
moves I can recall reading about, the financial equivalent of trying to pick up pennies before a steamroller. The giant California pension fund has signed up to take on systemic risk at a bargain basement price, by providing a credit line to one... Read more
8d
Naked Capitalism
CalPERS, CalSTRS Board Member Betty Yee Asks the SEC to Rescue Public Pension Funds From ThemselvesI’m of two minds in criticizing a letter that California Controller Betty Yee,
CalPERS, CalSTRS Board Member Betty Yee Asks the SEC to Rescue Public Pension Funds From Themselves
Naked Capitalism / Posted 8 days ago
I’m of two minds in criticizing a letter that California Controller Betty Yee, who also sits on the boards of CalPERS and CalSTRS, sent to SEC chairman Mary Jo White about private equity transparency. On the one hand, it’s good to see that Yee... Read more
9d
Business Wire
Fitch Rates San Diego Public Facilities Fin Auth, CA Lease Revs 'A+'; Outlook Revised to PositiveSAN FRANCISCO--(BUSINESS WIRE)--Fitch Ratings has assigned an 'A+' rating to th
Fitch Rates San Diego Public Facilities Fin Auth, CA Lease Revs 'A+'; Outlook Revised to Positive
Business Wire / Posted 9 days ago
SAN FRANCISCO--(BUSINESS WIRE)--Fitch Ratings has assigned an 'A+' rating to the following San Diego Public Facilities Financing Authority, California (the authority) lease revenue bonds: --$105.3 million lease revenue refunding bonds, series 2016... Read more
7 related stories
11d
The Columbus Dispatch
Web-only letters to the editor, Jan. 31, 2016hearing aides checked. There are many derogatory letters etc. concerning the VA
Web-only letters to the editor, Jan. 31, 2016
The Columbus Dispatch / Posted 11 days ago
hearing aides checked. There are many derogatory letters etc. concerning the VA - such as wait time-efficiency-attitudes of employees etc. but as I wait-listen and observe, I have nothing but praise and admirations at the efficiency, tolernance, and... Read more
19d
Orange County Register
We'll have to wait longer for pension reformPublic pensions are a “disaster,” and rely on “idiotic accounting,” Nobel Prize
We'll have to wait longer for pension reform
Orange County Register / Posted 19 days ago
Public pensions are a “disaster,” and rely on “idiotic accounting,” Nobel Prize-winning economist William Sharpe told the Financial Analysts Journal last year. California is no exception, with unfunded pension and retiree health care liabilities... Read more
19d
Orange County Register
Pensions drowning California and its citiesGet ready California. Without very much fanfare, the proverbial one-ton Governm
Pensions drowning California and its cities
Orange County Register / Posted 19 days ago
Get ready California. Without very much fanfare, the proverbial one-ton Government Accounting Standards Board gorilla has entered the room. As the result of years of discussions over how best to account for the growing unfunded liabilities owed by... Read more
20d
Chicago Tribune
Retirement: When a public pension isn't enoughAlthough the vast majority of public employees are covered by defined-benefit p
Retirement: When a public pension isn't enough
Chicago Tribune / Posted 20 days ago
Although the vast majority of public employees are covered by defined-benefit pension plans, many may need to supplement their pension checks to ensure a comfortable retirement. Teachers, for example, can enhance their retirement security by... Read more
21d
Business Wire
Fitch Upgrades Natomas USD, CA's GOs to 'ASAN FRANCISCO--(BUSINESS WIRE)--Fitch Ratings has upgraded the following Natoma
Fitch Upgrades Natomas USD, CA's GOs to 'A
Business Wire / Posted 21 days ago
SAN FRANCISCO--(BUSINESS WIRE)--Fitch Ratings has upgraded the following Natomas Unified School District, California (the district) general obligation (GO) bond ratings: --$6.96 million GO refunding bonds, series 1999, and GO bonds (election of... Read more
21d
The Mercury News
Calpers CEO Anne Stausboll says she will retire in JuneAnne Stausboll, the first female chief executive officer of the California Publ
Calpers CEO Anne Stausboll says she will retire in June
The Mercury News / Posted 21 days ago
Anne Stausboll, the first female chief executive officer of the California Public Employees' Retirement System, said she will retire in June. Stausboll, 59, who has led the $273 billion fund since January 2009, said in a statement Thursday she's... Read more
21d
The News & Observer
Stock market tumble could keep pension funds behind | News & Observer January 22, 2016 12:59 AM FILE - In this Monday, Aug. 24
Stock market tumble could keep pension funds behind
The News & Observer / Posted 21 days ago
| News & Observer January 22, 2016 12:59 AM FILE - In this Monday, Aug. 24, 2015, file photo, a trader looks at his phone outside the New York... Read more
4 related stories
21d
KOB 4 Albuquerque
Stock market tumble could keep pension funds behindThe slide on Wall Street could damage public employee pension funds around the
Stock market tumble could keep pension funds behind
KOB 4 Albuquerque / Posted 21 days ago
The slide on Wall Street could damage public employee pension funds around the country, most of which haven't even recovered from the Great Recession, and the burden could end up falling on taxpayers. Stocks have been tumbling in the first weeks of... Read more
21d
Daily Herald
Stock market tumble could keep pension funds behindThe slide on Wall Street could damage public employee pension funds around the
Stock market tumble could keep pension funds behind
Daily Herald / Posted 21 days ago
The slide on Wall Street could damage public employee pension funds around the country, most of which haven't even recovered from the Great Recession, and the burden could end up falling on taxpayers. Stocks have been tumbling in the first weeks of... Read more
21d
The Fremont Argus
Calpers CEO Anne Stausboll Says She Will Retire in JuneAnne Stausboll, the first female chief executive officer of the California Publ
Calpers CEO Anne Stausboll Says She Will Retire in June
The Fremont Argus / Posted 21 days ago
Anne Stausboll, the first female chief executive officer of the California Public Employees' Retirement System, said she will retire in June. Stausboll, 59, who has led the $273 billion fund since January 2009, said in a statement Thursday she's... Read more
21d
The Sacramento Bee
CalPERS chief executive announces retirementher retirement Thursday as chief executive of CalPERS, ending a tenure during w
CalPERS chief executive announces retirement
The Sacramento Bee / Posted 21 days ago
her retirement Thursday as chief executive of CalPERS, ending a tenure during which she guided the nation’s largest public pension fund through a bribery scandal and the financial markets crash. Stausboll, 59, said she will leave June 30,... Read more
24d
Contra Costa Times Newspapers
California retirement liabilities remain despite surplusSACRAMENTO -- The California budget that Gov. Jerry Brown proposed this month m
California retirement liabilities remain despite surplus
Contra Costa Times Newspapers / Posted 24 days ago
SACRAMENTO -- The California budget that Gov. Jerry Brown proposed this month marks a shocking financial turnaround for a state that just a few years ago faced a $26 billion deficit. But even as the governor and lawmakers debate how to spend a... Read more
5 related stories
24d
The Signal
Retirement liabilities remain despite state budget surplusSACRAMENTO, Calif. (AP) — The California budget that Gov. Jerry Brown proposed
Retirement liabilities remain despite state budget surplus
The Signal / Posted 24 days ago
SACRAMENTO, Calif. (AP) — The California budget that Gov. Jerry Brown proposed this month marks a shocking financial turnaround for a state that just a few years ago faced a $26 billion deficit. But even as the governor and lawmakers debate how to... Read more
5 related stories
25d
The Record Searchlight
Retirement liabilities remain despite state budget surplusSACRAMENTO, Calif. (AP) - The California budget that Gov. Jerry Brown proposed
Retirement liabilities remain despite state budget surplus
The Record Searchlight / Posted 25 days ago
SACRAMENTO, Calif. (AP) - The California budget that Gov. Jerry Brown proposed this month marks a shocking financial turnaround for a state that just a few years ago faced a $26 billion deficit. But even as the governor and lawmakers debate how to... Read more
5 related stories
25d
Reuters
As Israel's tech sector booms, its pension funds miss outTEL AVIV Israel's pension funds are facing calls to invest more in the country'
As Israel's tech sector booms, its pension funds miss out
Reuters / Posted 25 days ago
TEL AVIV Israel's pension funds are facing calls to invest more in the country's thriving high-tech sector, with complaints growing that the Israeli public is missing out while foreign investors reap the returns of the country's technology... Read more
25d
The Sacramento Bee
Let’s find a bold vision for our city’s skylineIt would have been the tallest residential development on the West Coast, but i
Let’s find a bold vision for our city’s skyline
The Sacramento Bee / Posted 25 days ago
It would have been the tallest residential development on the West Coast, but it fell through in 2007. At the time, the California Public Employees’ Retirement System, an investor in the venture and now the property owner, promised to develop an... Read more
27d
Los Angeles Times
Weighing the cost and benefit of divestmentSilicon Valley and the entertainment and biotech sectors have secured Californi
Weighing the cost and benefit of divestment
Los Angeles Times / Posted 27 days ago
Silicon Valley and the entertainment and biotech sectors have secured California's reputation as an investment nirvana. Here's the other side of a coin: the state is a national leader in divestment actions too. California initiatives aimed at... Read more
4 related stories
28d
Orange County Register
Taxpayers can see budget burden only risingAccording to the numbers presented in Gov. Jerry Brown’s fiscal 2016-17 budget
Taxpayers can see budget burden only rising
Orange County Register / Posted 28 days ago
According to the numbers presented in Gov. Jerry Brown’s fiscal 2016-17 budget proposal, California taxpayers will continue to be punished for the mismanagement of the major state pension systems, about which public employee unions couldn’t be... Read more
28d
Rutland Herald
Withdrawal seen as opportunity for divestment from fossil fuelopportunity for divestment from fossil fuel MONTPELIER � Vermont�s largest cit
Withdrawal seen as opportunity for divestment from fossil fuel
Rutland Herald / Posted 28 days ago
opportunity for divestment from fossil fuel MONTPELIER � Vermont�s largest city withdrew nearly $145 million in retirement funds for city employees from the pool of pension funds overseen by the state, and some see the action as potentially opening... Read more
4 related stories
28d
Contra Costa Times Newspapers
Retiring Orinda superintendent gets pay hikeSchool District Superintendent Joe Jaconette has received another base salary i
Retiring Orinda superintendent gets pay hike
Contra Costa Times Newspapers / Posted 28 days ago
School District Superintendent Joe Jaconette has received another base salary increase that could give him an even higher pension payout. Following a reception honoring the superintendent attended by local leaders, including state Sen. Steve... Read more
29d
Bennington Banner
Burlington takes money from state pension poolASSOCIATED PRESS MONTPELIER >> Vermont's largest city withdrew nearly $14
Burlington takes money from state pension pool
Bennington Banner / Posted 29 days ago
ASSOCIATED PRESS MONTPELIER >> Vermont's largest city withdrew nearly $145 million in retirement funds for city employees from the pool of pension funds overseen by the state, and some see the action as potentially opening the door for... Read more
4 related stories
1m
The Sacramento Bee
State tax agency looking at Capitol Mall site for new headquarterscurrent 23-year-old office on N Street has been plagued by leaking windows, tox
State tax agency looking at Capitol Mall site for new headquarters
The Sacramento Bee / Posted a month ago
current 23-year-old office on N Street has been plagued by leaking windows, toxic mold and so many other maladies that employees have sued the state. The state has spent $60 million trying to fix the problems and is scheduled to pour another... Read more
1m
The Tyee
Will Weapons Divestment Take off in 2016?Mayors, universities, public advocates and Snoop Dogg have decided guns are an
Will Weapons Divestment Take off in 2016?
The Tyee / Posted a month ago
Mayors, universities, public advocates and Snoop Dogg have decided guns are an unethical investment. Gun show photo via Wikimedia Commons, Creative Commons licensed. In the early days of 2016, gun rights and regulation have dominated America's... Read more
1m
The Washington Times
RICHARD BERMAN: Friedrichs case could solidify employee rightsThe First Amendment is clear: Freedom of speech applies to all Americans. Or d
RICHARD BERMAN: Friedrichs case could solidify employee rights
The Washington Times / Posted a month ago
The First Amendment is clear: Freedom of speech applies to all Americans. Or does it? Presently, unionized public-sector employees are forced to fund political agendas that they don’t support via required dues payments. But that might be changing.... Read more
145 related stories
m
KESQ Palm Springs
Why we should end compulsory union duesWhen the recession started in 2008 and the economy was tanking in California an
Why we should end compulsory union dues
KESQ Palm Springs / Posted 1 months ago
When the recession started in 2008 and the economy was tanking in California and across the country, I was serving as a board member on my local teacher's union board. Facing a budget shortfall, the district determined that it had to lay off several... Read more
m
Orange County Register
Mandatory union dues trample First AmendmentOn Jan. 11, the Supreme Court hears what may well be the most important case of
Mandatory union dues trample First Amendment
Orange County Register / Posted 1 months ago
On Jan. 11, the Supreme Court hears what may well be the most important case of the term. In Friedrichs v. California Teachers Association, 10 teachers have challenged a state requirement that they support political causes with which they disagree... Read more
13 related stories

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