California Public Employees Pension Fund

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5h
Newsmax
Public Employees Paying More Into US Pensions, Uptrend Seen ExtendingTo combat increasing employer pension costs, U.S. states enacted pension plan r
Public Employees Paying More Into US Pensions, Uptrend Seen Extending
Newsmax / Posted 5 hours ago
To combat increasing employer pension costs, U.S. states enacted pension plan reforms that mainly reduced benefits for new hires and increased employee contribution rates for new hires and current workers. After nearly a decade at 5 percent, the... Read more
2 related stories
5h
Business Insurance
Public employees paying more into pensions(Reuters) — After years of steady inflows, the rate for retirement contribution
Public employees paying more into pensions
Business Insurance / Posted 5 hours ago
(Reuters) — After years of steady inflows, the rate for retirement contributions by public pension employees has increased and is expected to continue rising, an effect difficult to produce but helped along by the impact of regulatory reforms,... Read more
2 related stories
1d
Reuters
Public employees paying more into U.S. pensions, uptrend seen extendingA pair of elderly couples view the ocean and waves along the beach in La Jolla,
Public employees paying more into U.S. pensions, uptrend seen extending
Reuters / Posted yesterday
A pair of elderly couples view the ocean and waves along the beach in La Jolla, California in this file photo dated March 8, 2012. NEW YORK After years of steady inflows, the rate for retirement contributions by public pension employees has... Read more
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1d
The Hill
Trump threatens NAFTA withdrawal | Senate poised for crucial Puerto Rico vote | Ryan calls for UK trade deal | Senate Dems block Zika funding dealRico unable to make their own government, make their own decisions, do what the
Trump threatens NAFTA withdrawal | Senate poised for crucial Puerto Rico vote | Ryan calls for UK trade deal | Senate Dems block Zika funding deal
The Hill / Posted yesterday
Rico unable to make their own government, make their own decisions, do what they believe is right." SENATE DEMS BLOCK ZIKA FUNDING: Senate Democrats on Tuesday blocked a deal providing funding for the fight against the Zika virus, virtually... Read more
3d
Naked Capitalism
Private Equity Expert/Reformer Opposes California Treasurer Chiang's Now-Phony "Fee Transparency" BillAs we wrote last week, it’s become apparent that the private equity fee transpa
Private Equity Expert/Reformer Opposes California Treasurer Chiang's Now-Phony "Fee Transparency" Bill
Naked Capitalism / Posted 3 days ago
As we wrote last week, it’s become apparent that the private equity fee transparency bill that California Treasurer announced last year and launched this year was never intended to live up to its billing. From our post: AB 2833 was amended on... Read more
6d
Naked Capitalism
California Treasurer Chiang's Private Equity Transparency Three Card MonteWe held our fire on the progress of California Assembly bill AB 2833, a private
California Treasurer Chiang's Private Equity Transparency Three Card Monte
Naked Capitalism / Posted 6 days ago
We held our fire on the progress of California Assembly bill AB 2833, a private equity fee transparency bill, in the hope that its sponsor, Treasurer John Chiang, who sits on the CalPERS and CalSTRS boards, was acting in good faith. In fact, AB 2833... Read more
7d
Business Wire
Fitch Affirms Hayward, CA COPs at 'AA'; Outlook StableSAN FRANCISCO--(BUSINESS WIRE)--Fitch Ratings has affirmed the following Haywar
Fitch Affirms Hayward, CA COPs at 'AA'; Outlook Stable
Business Wire / Posted 7 days ago
SAN FRANCISCO--(BUSINESS WIRE)--Fitch Ratings has affirmed the following Hayward, California (the city) ratings: --$72.5 million certificates of participation (COPs) (Capital Projects) at 'AA'; --$21.8 million 2007 refunding COPs (Civic Center and... Read more
9 related stories
8d
New York Magazine
Meet the Wall Street Titans Who Back TrumpHedge-fund billionaire John Paulson is one of Trump's most prominent Wall Stree
Meet the Wall Street Titans Who Back Trump
New York Magazine / Posted 8 days ago
Hedge-fund billionaire John Paulson is one of Trump's most prominent Wall Street backers. Photo: Scott Eells/2012 Bloomberg A small cadre of Donald Trump’s richest and most prominent Wall Street backers gathered at a high-dollar Manhattan fundraiser... Read more
9d
Investopedia
Volkswagen Faces Class Action Lawsuit From Boston Retirement System (VLKAY)AG (VLKAY), which is reeling from an emissions scandal, is facing a class actio
Volkswagen Faces Class Action Lawsuit From Boston Retirement System (VLKAY)
Investopedia / Posted 9 days ago
AG (VLKAY), which is reeling from an emissions scandal, is facing a class action lawsuit from Boston Retirement System, the pension fund for municipal employees in Boston. The lawsuit, the first from bondholders, has to do with the emissions scandal... Read more
3 related stories
9d
CNBC
Bondholders file proposed class action against VolkswagenBoston Retirement System, the public pension fund for Boston municipal employee
Bondholders file proposed class action against Volkswagen
CNBC / Posted 9 days ago
Boston Retirement System, the public pension fund for Boston municipal employees, filed the first bondholders proposed class action against Volkswagen related to the company's diesel emissions scandal, law firm Labaton Sucharow said. The lawsuit,... Read more
3 related stories
9d
Channel NewsAsia
Bondholders file proposed class action against Volkswagen AGREUTERS: Boston Retirement System, the public pension fund for Boston municipal
Bondholders file proposed class action against Volkswagen AG
Channel NewsAsia / Posted 9 days ago
REUTERS: Boston Retirement System, the public pension fund for Boston municipal employees, filed the first bondholders proposed class action against Volkswagen AG related to the company's diesel emissions scandal, law firm Labaton Sucharow LLP... Read more
3 related stories
9d
Reuters
Bondholders file proposed class action against Volkswagen AGA Volkswagen logo is shown on the front of an old Volkswagen van in Encinitas,
Bondholders file proposed class action against Volkswagen AG
Reuters / Posted 9 days ago
A Volkswagen logo is shown on the front of an old Volkswagen van in Encinitas, California September 29, 2015. Boston Retirement System, the public pension fund for Boston municipal employees, filed the first bondholders proposed class action against... Read more
3 related stories
12d
Orange County Register
Lavish pension hikes cause of O.C.'s exploding debtSACRAMENTO – The Orange County Grand Jury’s report on the state of the county’s
Lavish pension hikes cause of O.C.'s exploding debt
Orange County Register / Posted 12 days ago
SACRAMENTO – The Orange County Grand Jury’s report on the state of the county’s pension plans painted a bleak but not unexpected snapshot of a challenging long-term fiscal situation. The Orange County Employees Retirement System touted some of the... Read more
12d
The Sacramento Bee
New California law enforcement contract has ‘fitness’ loopholeGov. Jerry Brown, the architect of stiffer public pension laws three years ago,
New California law enforcement contract has ‘fitness’ loophole
The Sacramento Bee / Posted 12 days ago
Gov. Jerry Brown, the architect of stiffer public pension laws three years ago, has again reached a state labor agreement that uses an accounting trick to add money to some state employees’ retirement accounts. The tentative contract with the... Read more
13d
Business Insider
You're an activist investor, just like everyone elsepast decade has seen an explosion in one particular type of investor: the activ
You're an activist investor, just like everyone else
Business Insider / Posted 13 days ago
past decade has seen an explosion in one particular type of investor: the activist shareholder. These are powerful hedge fund managers who make a lot of noise in corporate boardrooms. To some, they're the squeaky wheels of Wall Street. "They can... Read more
13d
Boston Globe
Mass. pension fund owns gun stocksState Treasurer Deborah Goldberg says she cannot press the $60 billion Massachu
Mass. pension fund owns gun stocks
Boston Globe / Posted 13 days ago
State Treasurer Deborah Goldberg says she cannot press the $60 billion Massachusetts state pension fund that she chairs to divest from gun stocks without action by lawmakers. “While I am personally against owning gun stocks,’’ Goldberg said in a... Read more
14d
Sierra Star
Budget deception: weird accounting diminishes accountabilityThis week, after reaching agreement with Governor Brown, the California Legisla
Budget deception: weird accounting diminishes accountability
Sierra Star / Posted 14 days ago
This week, after reaching agreement with Governor Brown, the California Legislature will pass the state budget for the 2016-17 fiscal year. In so doing, it will meet its Constitutional deadline of June 15. A few weeks ago, this column attempted to... Read more
15d
Business Wire
Fitch Rates Pittsburg Unified School District, CA GO Bonds 'AAA'; Outlook StableRatings has assigned an 'AAA' rating to the following bonds to be issued by the
Fitch Rates Pittsburg Unified School District, CA GO Bonds 'AAA'; Outlook Stable
Business Wire / Posted 15 days ago
Ratings has assigned an 'AAA' rating to the following bonds to be issued by the Pittsburg Unified School District, California (the district): --Approximately $71.7 million 2016 general obligation (GO) refunding bonds. The bonds will be... Read more
8 related stories
15d
Orlando Sentinel
The AR-15-style rifle: a popular seller tainted by mass murderflat. But the weapons can be a financial liability too. In the wake of deadly
The AR-15-style rifle: a popular seller tainted by mass murder
Orlando Sentinel / Posted 15 days ago
flat. But the weapons can be a financial liability too. In the wake of deadly shootings, several major investors for public employees, including funds that manage California teacher pensions and the University of California’s endowment, have... Read more
86 related stories
16d
Sun-Sentinel
The AR-15-style rifle: a popular seller tainted by mass murderflat. But the weapons can be a financial liability too. In the wake of deadly
The AR-15-style rifle: a popular seller tainted by mass murder
Sun-Sentinel / Posted 16 days ago
flat. But the weapons can be a financial liability too. In the wake of deadly shootings, several major investors for public employees, including funds that manage California teacher pensions and the University of California’s endowment, have... Read more
86 related stories
17d
Reuters
Public pension funds seek infrastructure as market heats upTravelers pass a sign for Gatwick Airport in southern Britain, December 17, 201
Public pension funds seek infrastructure as market heats up
Reuters / Posted 17 days ago
Travelers pass a sign for Gatwick Airport in southern Britain, December 17, 2015. CalPERS, the biggest U.S. public pension fund, made its first direct infrastructure investment in 2010, when it purchased a stake of London's Gatwick Airport. SAN... Read more
17d
Channel NewsAsia
Public pension funds seek infrastructure as market heats upSAN FRANCISCO: The California Public Employees’ Retirement System recently boug
Public pension funds seek infrastructure as market heats up
Channel NewsAsia / Posted 17 days ago
SAN FRANCISCO: The California Public Employees’ Retirement System recently bought a stake in a private Indiana toll road with a troubled history, one sign of how popular infrastructure investments have become among U.S. pension funds. In May,... Read more
17d
Market Watch
Why maybe the Fed isn’t to blame for paltry retirement-plan returnsplans and retirees? That was the question posed by a panel at the Global Futur
Why maybe the Fed isn’t to blame for paltry retirement-plan returns
Market Watch / Posted 17 days ago
plans and retirees? That was the question posed by a panel at the Global Future of Retirement conference sponsored by Pensions & Investments in Washington Monday. The question isn’t just academic: Pensions & Investments reported in January... Read more
20d
Business Wire
Fitch Rates Los Angeles, CA's $1.5B Notes 'F1+'SAN FRANCISCO--(BUSINESS WIRE)--Fitch Ratings has assigned an 'F1+' rating to t
Fitch Rates Los Angeles, CA's $1.5B Notes 'F1+'
Business Wire / Posted 20 days ago
SAN FRANCISCO--(BUSINESS WIRE)--Fitch Ratings has assigned an 'F1+' rating to the following Los Angeles, California (the city) tax and revenue anticipation notes: --$1.475 billion 2016 notes. The notes are scheduled to sell via negotiation on June... Read more
13 related stories
21d
Local 6 Orlando
Investors renew lawsuit against SeaWorldthe profound impact ‘Blackfish’ has had on its business or continue to blatantl
Investors renew lawsuit against SeaWorld
Local 6 Orlando / Posted 21 days ago
the profound impact ‘Blackfish’ has had on its business or continue to blatantly ignore the data showing a clear shift in public sentiment regarding its killer whale program,” the newly-filed complaint stated. A federal judge dismissed the... Read more
23d
Naked Capitalism
CalPERS-TH Lee Row Over Private Equity Fee Abuses Demonstrates Failure of SEC Oversightordering other major players to make restitution and pay fines. To CalPERS’ cre
CalPERS-TH Lee Row Over Private Equity Fee Abuses Demonstrates Failure of SEC Oversight
Naked Capitalism / Posted 23 days ago
ordering other major players to make restitution and pay fines. To CalPERS’ credit, this wasn’t a casual query; the giant public pension fund went several rounds with TH Lee and also tried enlisting the support of the advisory councils of the two... Read more
25d
Namibia Economist
Sighing for paradise to comefounder of Y Combinator, a startup incubator, plans to pilot a basic income of
Sighing for paradise to come
Namibia Economist / Posted 25 days ago
founder of Y Combinator, a startup incubator, plans to pilot a basic income of $1,000-2,000 a month in Oakland, a city in California. “Fifty years from now...it will seem ridiculous that we used fear of not being able to eat as a way to motivate... Read more
3 related stories
28d
Petluma360.com
Pensions the cause of Petaluma’s budget woes Like most other municipal governments in California, Petaluma is facing a “pe
Pensions the cause of Petaluma’s budget woes
Petluma360.com / Posted 28 days ago
Like most other municipal governments in California, Petaluma is facing a “pension tsunami,” the rising cost of public employee retirement benefits that are crippling city and county governments across... Read more
28d
Lake Tahoe News
Calif. pension fund CEO sentenced for briberyBy Associated Press A federal judge Tuesday sentenced the former head of the n
Calif. pension fund CEO sentenced for bribery
Lake Tahoe News / Posted 28 days ago
By Associated Press A federal judge Tuesday sentenced the former head of the nation’s largest public pension fund to four and 1/2 years in prison in a case in which the pension fund CEO acknowledged accepting more than $200,000 in bribes and trying... Read more
19 related stories
28d
The Sacramento Bee
CalPERS chief will collect part of state pension in prisonand agreed to cough up the ill-gotten gains from his bribery scheme. The one t
CalPERS chief will collect part of state pension in prison
The Sacramento Bee / Posted 28 days ago
and agreed to cough up the ill-gotten gains from his bribery scheme. The one thing Buenrostro won’t forfeit is his CalPERS pension –not most of it, anyway. Buenrostro, 66, will continue collecting his state retirement benefits while he serves the... Read more
19 related stories
29d
Zero Hedge
"A Spectacular Breach Of Trust" - Former CalPERS CEO Sentenced To Prison For BriberyFormer California Public Employees' Retirement System (CalPERS) CEO Federico Bu
"A Spectacular Breach Of Trust" - Former CalPERS CEO Sentenced To Prison For Bribery
Zero Hedge / Posted 29 days ago
Former California Public Employees' Retirement System (CalPERS) CEO Federico Buenrostro was sentenced Tuesday by a federal judge to four and a half years in prison for accepting more than $200,000 in bribes trying to steer investments. Buenrostro... Read more
19 related stories
29d
Silicon Valley
California pension fund CEO to be sentenced for briberySAN FRANCISCO -- Federal prosecutors want the former head of the nation's large
California pension fund CEO to be sentenced for bribery
Silicon Valley / Posted 29 days ago
SAN FRANCISCO -- Federal prosecutors want the former head of the nation's largest public pension fund sent to prison for four years after he acknowledged accepting more than $200,000 in bribes and trying to steer investments to help an associate. A... Read more
19 related stories
29d
The Mercury News
Calpers CEO headed to prisonA former chief executive officer of the country's biggest pension fund was sent
Calpers CEO headed to prison
The Mercury News / Posted 29 days ago
A former chief executive officer of the country's biggest pension fund was sentenced to 4½ years in prison for steering $14 million in placement fees to an ex-board member in exchange for cash bribes and gifts. Federico Buenrostro, 66, who headed... Read more
29d
Morningstar
What Will Your Portfolio Return?below their averages over the past three decades. The company somberly conclude
What Will Your Portfolio Return?
Morningstar / Posted 29 days ago
below their averages over the past three decades. The company somberly concludes that the "golden era has now ended." Public pension funds, on the other hand, have a decidedly different view. The largest of the bunch, the California Public... Read more
29d
Fortune
The Ex-CEO of Calpers Is Going to Prison on Bribery ChargesA former chief officer of Calpers, the nation’s largest public pension fund, wa
The Ex-CEO of Calpers Is Going to Prison on Bribery Charges
Fortune / Posted 29 days ago
A former chief officer of Calpers, the nation’s largest public pension fund, was sentenced by a federal judge in San Francisco on Tuesday to 4-1/2 years in prison on a bribery conviction. Federico Buenrostro, who served as chief executive officer of... Read more
19 related stories
29d
Arkansas Democrat-Gazette
Sentence 4½ years for bribe schemeSAN FRANCISCO — A federal judge on Tuesday sentenced the former head of the nat
Sentence 4½ years for bribe scheme
Arkansas Democrat-Gazette / Posted 29 days ago
SAN FRANCISCO — A federal judge on Tuesday sentenced the former head of the nation’s largest public pension fund to 4½ years in prison in a case in which he acknowledged accepting bribes and trying to steer investments to help an associate. Senior... Read more
19 related stories
29d
Orange County Register
California pension fund CEO to be sentenced for briberySAN FRANCISCO – Federal prosecutors want the former head of the nation’s larges
California pension fund CEO to be sentenced for bribery
Orange County Register / Posted 29 days ago
SAN FRANCISCO – Federal prosecutors want the former head of the nation’s largest public pension fund sent to prison for four years after he acknowledged accepting more than $200,000 in bribes and trying to steer investments to help an associate. A... Read more
19 related stories
29d
Island Packet
California pension fund CEO sentenced for briberyA federal judge Tuesday sentenced the former head of the nation's largest publi
California pension fund CEO sentenced for bribery
Island Packet / Posted 29 days ago
A federal judge Tuesday sentenced the former head of the nation's largest public pension fund to four and 1/2 years in prison in a case in which the pension fund CEO acknowledged accepting more than $200,000 in bribes and trying to steer investments... Read more
19 related stories
29d
San Francisco Chronicle
Ex CalPERS chief sentenced to prison for bribery schemeThe former chief executive of California’s pension system for public employees
Ex CalPERS chief sentenced to prison for bribery scheme
San Francisco Chronicle / Posted 29 days ago
The former chief executive of California’s pension system for public employees was sentenced to 4½ years in federal prison Tuesday for accepting $250,000 in bribes in exchange for millions of dollars’ worth of favors to an investment firm run by a... Read more
19 related stories
29d
Daily Herald
California pension fund CEO to be sentenced for briberySAN FRANCISCO -- Federal prosecutors want the former head of the nation's large
California pension fund CEO to be sentenced for bribery
Daily Herald / Posted 29 days ago
SAN FRANCISCO -- Federal prosecutors want the former head of the nation's largest public pension fund sent to prison for four years after he acknowledged accepting more than $200,000 in bribes and trying to steer investments to help an associate. A... Read more
19 related stories
29d
Los Angeles Times
Former CEO of CalPERS is sentenced to prison for his 'spectacular breach of trust'A federal judge Tuesday sentenced the former head of the California Public Empl
Former CEO of CalPERS is sentenced to prison for his 'spectacular breach of trust'
Los Angeles Times / Posted 29 days ago
A federal judge Tuesday sentenced the former head of the California Public Employees' Retirement System to 4 1/2 years in prison after the former chief executive acknowledged accepting more than $200,000 in bribes and trying to steer investments to... Read more
19 related stories
29d
KTVN Reno
California pension fund CEO sentenced to prisonSAN FRANCISCO (AP) - The Latest on the sentencing of former California pension
California pension fund CEO sentenced to prison
KTVN Reno / Posted 29 days ago
SAN FRANCISCO (AP) - The Latest on the sentencing of former California pension fund CEO (all times local): 3:15 p.m. A federal judge has sentenced the former head of the nation's largest public pension fund to four and 1/2 years in prison in a case... Read more
19 related stories
29d
Salon.com
California pension fund CEO sentenced to prisonSAN FRANCISCO (AP) — The Latest on the sentencing of former California pension
California pension fund CEO sentenced to prison
Salon.com / Posted 29 days ago
SAN FRANCISCO (AP) — The Latest on the sentencing of former California pension fund CEO (all times local): 3:15 p.m. A federal judge has sentenced the former head of the nation’s largest public pension fund to four and 1/2 years in prison in a case... Read more
19 related stories
29d
ABC News
California Pension Fund CEO Sentenced for BriberyA federal judge Tuesday sentenced the former head of the nation's largest publi
California Pension Fund CEO Sentenced for Bribery
ABC News / Posted 29 days ago
A federal judge Tuesday sentenced the former head of the nation's largest public pension fund to four and 1/2 years in prison in a case in which the pension fund CEO acknowledged accepting more than $200,000 in bribes and trying to steer investments... Read more
19 related stories
30d
The Record Searchlight
California pension fund CEO to be sentenced for briberySAN FRANCISCO (AP) - Federal prosecutors want the former head of the nation's l
California pension fund CEO to be sentenced for bribery
The Record Searchlight / Posted 30 days ago
SAN FRANCISCO (AP) - Federal prosecutors want the former head of the nation's largest public pension fund sent to prison for four years after he acknowledged accepting more than $200,000 in bribes and trying to steer investments to help an... Read more
19 related stories
30d
The Record Searchlight
California pension fund CEO to be sentenced for briberySAN FRANCISCO (AP) - Prosecutors want the former head of the nation's largest p
California pension fund CEO to be sentenced for bribery
The Record Searchlight / Posted 30 days ago
SAN FRANCISCO (AP) - Prosecutors want the former head of the nation's largest public pension fund sent to prison for four years after he acknowledged accepting bribes and trying to steer investments to help an associate. A federal judge on Tuesday... Read more
19 related stories
30d
The Mercury News
California pension fund CEO to be sentenced for briberySAN FRANCISCO -- Federal prosecutors want the former head of the nation's large
California pension fund CEO to be sentenced for bribery
The Mercury News / Posted 30 days ago
SAN FRANCISCO -- Federal prosecutors want the former head of the nation's largest public pension fund sent to prison for four years after he acknowledged accepting more than $200,000 in bribes and trying to steer investments to help an associate. A... Read more
19 related stories
30d
Salon.com
California pension fund CEO to be sentenced for briberySAN FRANCISCO (AP) — Federal prosecutors want the former head of the nation’s l
California pension fund CEO to be sentenced for bribery
Salon.com / Posted 30 days ago
SAN FRANCISCO (AP) — Federal prosecutors want the former head of the nation’s largest public pension fund sent to prison for four years after he acknowledged accepting more than $200,000 in bribes and trying to steer investments to help an... Read more
19 related stories
m
Australian Broadcasting Corporation
Shorten's rhetorical rampage fails to convincenot it but they are the government they are no longer the opposition and it is
Shorten's rhetorical rampage fails to convince
Australian Broadcasting Corporation / Posted 1 months ago
not it but they are the government they are no longer the opposition and it is their actions or non-actions that will drive public perceptions. What Shorten should be doing is kicking the heads of the unions to open up the Labor party and to come... Read more

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