California Public Employees Pension Fund

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7h
Lake Tahoe News
CalPERS poised to cut retiree pensions in tiny Sierra townis used to being in the know in the small Sierra County town where she worked f
CalPERS poised to cut retiree pensions in tiny Sierra town
Lake Tahoe News / Posted 7 hours ago
is used to being in the know in the small Sierra County town where she worked for more than 30 years, sometimes as its only public employee. She understood that Loyalton had broken with the California Public Employees’ Retirement System three years... Read more
9h
The Economic Times
Ritesh Jain’s what I read this week: What if your pension fund fails to deliver!world is getting Uber-ised. Should be a heavy dose for your weekend. Do enjoy
Ritesh Jain’s what I read this week: What if your pension fund fails to deliver!
The Economic Times / Posted 9 hours ago
world is getting Uber-ised. Should be a heavy dose for your weekend. Do enjoy reading and have a great weekend! The California Public Employees’ Retirement System (CALPERS), the biggest US pension fund, faces a widening deficit. Its funding... Read more
15h
The Sacramento Bee
CalPERS poised to cut retiree pensions in tiny Sierra townis used to being in the know in the small Sierra County town where she worked f
CalPERS poised to cut retiree pensions in tiny Sierra town
The Sacramento Bee / Posted 15 hours ago
is used to being in the know in the small Sierra County town where she worked for more than 30 years, sometimes as its only public employee. She understood that Loyalton had broken with the California Public Employees’ Retirement System three years... Read more
2d
The Mercury News
California pensions: How a deal went wrong and cost taxpayers billionsSACRAMENTO — With the stroke of a pen, California Gov. Gray Davis signed legisl
California pensions: How a deal went wrong and cost taxpayers billions
The Mercury News / Posted 2 days ago
SACRAMENTO — With the stroke of a pen, California Gov. Gray Davis signed legislation that gave prison guards, park rangers, Cal State professors and other state employees the kind of retirement security normally reserved for the wealthy. More than... Read more
5d
Dallas Morning News
Fights, fantasy fixes and the FBI: Museum Tower and Nasher still at odds over glare after five yearscomedy of errors, culminating in the ouster of Richard Tettamant, chief adminis
Fights, fantasy fixes and the FBI: Museum Tower and Nasher still at odds over glare after five years
Dallas Morning News / Posted 5 days ago
comedy of errors, culminating in the ouster of Richard Tettamant, chief administrator for the Dallas Police and Fire Pension System, which owns Museum Tower, the 42-story behemoth from which The Glare was first spotted on Sept. 26,... Read more
9d
Newsmax
Public Pensions Are Being Overly OptimisticToday, however, we’re going to have some real fireworks. We’re going to talk ab
Public Pensions Are Being Overly Optimistic
Newsmax / Posted 9 days ago
Today, however, we’re going to have some real fireworks. We’re going to talk about the appropriate discount rate for public-sector defined-benefit pension plans. Do I really dare to go there? Oh, yes, my friends, I dare. But first a little... Read more
9d
Newsmax
Pension Funds Face Day of Reckoning as Investment Returns LagThe $1.9 trillion shortfall in U.S. state and local pension funds is poised to
Pension Funds Face Day of Reckoning as Investment Returns Lag
Newsmax / Posted 9 days ago
The $1.9 trillion shortfall in U.S. state and local pension funds is poised to grow as near record-low bond yields and global stock-market turmoil reduce investment gains, increasing pressure on governments to put more money into the retirement... Read more
10d
The Record Searchlight
Cash-reserve discussion divides Redding City CouncilGary Cadd and his peers on the City Council came to a head Tuesday night over w
Cash-reserve discussion divides Redding City Council
The Record Searchlight / Posted 10 days ago
Gary Cadd and his peers on the City Council came to a head Tuesday night over whether the city has extra cash to spend on public safety. Also, the council cleared the way to hear and act in November on a trio of utility rate increases that public... Read more
10d
The Sacramento Bee
California voters will decide hundreds of tax and bond measuresWe Californians cough up about $250 billion in state and local taxes each year,
California voters will decide hundreds of tax and bond measures
The Sacramento Bee / Posted 10 days ago
We Californians cough up about $250 billion in state and local taxes each year, one of the nation’s highest tax burdens at 12-plus percent of our personal incomes. Nevertheless, it will get a bit heavier if the state’s voters embrace the hundreds of... Read more
10d
Newsmax
CalPERS Forecasts Funding Gap Could Grow to $9.2 Billion in 15 YearsThe United States' largest public pension fund, the California Public Employees
CalPERS Forecasts Funding Gap Could Grow to $9.2 Billion in 15 Years
Newsmax / Posted 10 days ago
The United States' largest public pension fund, the California Public Employees' Retirement System (CalPERS), forecast that benefits paid to retirees would outpace projected income by $9.2 billion within 15 years. The funding gap is projected to... Read more
11d
Bangor Daily News
Poliquin calls for Social Security reform to help public employeesPoliquin announced that he supports recalling two Social Security provisions to
Poliquin calls for Social Security reform to help public employees
Bangor Daily News / Posted 11 days ago
Poliquin announced that he supports recalling two Social Security provisions to help Mainers like Averill who worked as public employees. Under existing rules, “they take 50 percent of my Social Security benefits,” Averill said. The windfall... Read more
12d
Zero Hedge
September 19http://on.wsj.com/2cB9D8O - The leader of the union representing auto workers
September 19
Zero Hedge / Posted 12 days ago
http://on.wsj.com/2cB9D8O - The leader of the union representing auto workers in Canada said thousands of factory employees will strike at two General Motors Co plants if the sides miss a Monday night deadline for a new contract,... Read more
12d
The Globe and Mail
OMERS buys piece of Australia’s busiest portChinese and Australian sovereign wealth funds, along with other investors, on M
OMERS buys piece of Australia’s busiest port
The Globe and Mail / Posted 12 days ago
Chinese and Australian sovereign wealth funds, along with other investors, on Monday said they will take Australia’s busiest port private for a higher-than-expected A$9.7-billion ($7.3-billion), a sign that tough equity markets are fuelling appetite... Read more
18 related stories
12d
Reuters
Australian port sold for $7.3 billion to group including Chinese fundSYDNEY Chinese and Australian sovereign wealth funds, along with other investor
Australian port sold for $7.3 billion to group including Chinese fund
Reuters / Posted 12 days ago
SYDNEY Chinese and Australian sovereign wealth funds, along with other investors, on Monday said they will take Australia's busiest port private for a higher-than-expected A$9.7 billion ($7.3 billion), a sign that tough equity markets are fuelling... Read more
18 related stories
12d
FOX Business
Australia's Port Of Melbourne Sold For $7.3 Billion To Qic-led Groupof the port. The group also includes the investment arm of the Queensland state
Australia's Port Of Melbourne Sold For $7.3 Billion To Qic-led Group
FOX Business / Posted 12 days ago
of the port. The group also includes the investment arm of the Queensland state government, Australia's sovereign Future Fund, New York-based Global Infrastructure Partners, Canada's Ontario Municipal Employees' Retirement System and the... Read more
18 related stories
12d
FOX Business
Australia's Port Of Melbourne Sold For $7.3 Billion To Qic-led Groupof the port. The group also includes the investment arm of the Queensland state
Australia's Port Of Melbourne Sold For $7.3 Billion To Qic-led Group
FOX Business / Posted 12 days ago
of the port. The group also includes the investment arm of the Queensland state government, Australia's sovereign Future Fund, New York-based Global Infrastructure Partners, Canada's Ontario Municipal Employees' Retirement System and the... Read more
18 related stories
12d
Channel NewsAsia
Australia's Port of Melbourne sold for US$7.3 billion to QIC-led groupof the port. The group also includes the investment arm of the Queensland state
Australia's Port of Melbourne sold for US$7.3 billion to QIC-led group
Channel NewsAsia / Posted 12 days ago
of the port. The group also includes the investment arm of the Queensland state government, Australia's sovereign Future Fund, New York-based Global Infrastructure Partners, Canada's Ontario Municipal Employees' Retirement System and the... Read more
18 related stories
12d
Reuters
Australia's Port of Melbourne sold for $7.3 billion to QIC-led groupof the port. The group also includes the investment arm of the Queensland state
Australia's Port of Melbourne sold for $7.3 billion to QIC-led group
Reuters / Posted 12 days ago
of the port. The group also includes the investment arm of the Queensland state government, Australia's sovereign Future Fund, New York-based Global Infrastructure Partners, Canada's Ontario Municipal Employees' Retirement System and the... Read more
18 related stories
12d
Naked Capitalism
New York Times Owes CalPERS a Retraction for Hatchet Job on Pension Fund Terminationcontest with the New York Times’ Dealbook. The Times’ remarkably fact-challeng
New York Times Owes CalPERS a Retraction for Hatchet Job on Pension Fund Termination
Naked Capitalism / Posted 12 days ago
contest with the New York Times’ Dealbook. The Times’ remarkably fact-challenged article titled, A Sour Surprise for Public Pensions: Two Sets of Books, is false in its major contentions, as documents readily available on CalPERS’ website... Read more
13d
Lake Tahoe News
Tax revenues good omen for SLT budgetwant to forget the lessons learned from it. She doesn’t want to spend money wit
Tax revenues good omen for SLT budget
Lake Tahoe News / Posted 13 days ago
want to forget the lessons learned from it. She doesn’t want to spend money with abandon or overinflate the payroll with employees. The global economy has a direct correlation to Lake Tahoe as a whole because if money tightens elsewhere, people... Read more
14d
CNBC
At BlackRock, a Wall Street rock star’s $5 trillion comebackof 1974 — he had a story to tell the 5,000 giddy graduates packed into the cave
At BlackRock, a Wall Street rock star’s $5 trillion comeback
CNBC / Posted 14 days ago
of 1974 — he had a story to tell the 5,000 giddy graduates packed into the cavernous basketball arena at the University of California, Los Angeles. Once upon a time he was a rock star on Wall Street. He had big hair and flashed turquoise jewelry,... Read more
15d
Business Wire
Fitch Rates $100MM California GOs 'AAWIRE)--Fitch Ratings has assigned an 'AA-' rating to the following general obli
Fitch Rates $100MM California GOs 'AA
Business Wire / Posted 15 days ago
WIRE)--Fitch Ratings has assigned an 'AA-' rating to the following general obligation (GO) bonds of the state of California: --$100 million GO bonds (Index Floating Rate Bonds) series 2016B. The bonds will be sold via negotiation on... Read more
18 related stories
20d
The Sacramento Bee
California’s unfunded pension debts may be larger than acknowledgedThe “unfunded liabilities” of state and local pension funds are California’s bi
California’s unfunded pension debts may be larger than acknowledged
The Sacramento Bee / Posted 20 days ago
The “unfunded liabilities” of state and local pension funds are California’s biggest unresolved political issue – at least in financial terms. We know, with fair accuracy, how much money flows into and out of those trust funds now and into the... Read more
20d
Marin Independent Journal
City halls can do more to cut pension costsThe past two weeks have been eventful on the pension front. A report by Robert
City halls can do more to cut pension costs
Marin Independent Journal / Posted 20 days ago
The past two weeks have been eventful on the pension front. A report by Robert Fellner of Transparent California outlines the pension liabilities of Marin municipalities and the county governments. It indicates that the combined debt of these... Read more
23d
Orange County Register
2016 is starting to look a lot like 1978years, the state’s recovery produced 2.1 million jobs, and his fiscal restraint
2016 is starting to look a lot like 1978
Orange County Register / Posted 23 days ago
years, the state’s recovery produced 2.1 million jobs, and his fiscal restraint created a $4 billion reserve in a general fund of $12 billion. Unfortunately, the fiscal restraint was short lived. California policymakers reverted to old habits –... Read more
23d
Newsmax
Illinois Pension Crisis Builds as Market Turmoil Deals a SetbackIllinois’s lackluster investment gains are making its most notorious problem --
Illinois Pension Crisis Builds as Market Turmoil Deals a Setback
Newsmax / Posted 23 days ago
Illinois’s lackluster investment gains are making its most notorious problem -- pension debt -- even worse. The state with the least-funded retirement system in the U.S. may see next year’s contributions jump by nearly half a billion dollars after... Read more
24d
Desert Dispatch
Letters to the editor:the city much needed attention.John Patrick HillEarth Medicine ArtistBarstowPla
Letters to the editor:
Desert Dispatch / Posted 24 days ago
the city much needed attention.John Patrick HillEarth Medicine ArtistBarstowPlanes, trains, and automobilesWhen considering California’s shear size, a statewide commuter high-speed rail system may seem a good idea. But California’s network of... Read more
24d
Channel NewsAsia
European fund firms largely resist tobacco divestment campaignview that profits, cash and dividends from tobacco stocks have many years of st
European fund firms largely resist tobacco divestment campaign
Channel NewsAsia / Posted 24 days ago
view that profits, cash and dividends from tobacco stocks have many years of strong growth ahead," said Stephen Lamacraft, fund manager at Woodford Investment Management. Still, the Global Taskforce for Tobacco Free Portfolios, backed by the Union... Read more
24d
Reuters
European fund firms largely resist tobacco divestment campaignview that profits, cash and dividends from tobacco stocks have many years of st
European fund firms largely resist tobacco divestment campaign
Reuters / Posted 24 days ago
view that profits, cash and dividends from tobacco stocks have many years of strong growth ahead," said Stephen Lamacraft, fund manager at Woodford Investment Management. Still, the Global Taskforce for Tobacco Free Portfolios, backed by the Union... Read more
25d
Desert Dispatch
Letters to the Editor:city much needed attention. John Patrick HillEarth Medicine ArtistBarstowPlanes
Letters to the Editor:
Desert Dispatch / Posted 25 days ago
city much needed attention. John Patrick HillEarth Medicine ArtistBarstowPlanes, trains, and automobilesWhen considering California’s shear size, a statewide commuter high-speed rail system may seem a good idea. But California’s network of... Read more
28d
Fortune
Here’s Data On How A Lot of VC and Buyout Funds Are DoingThe vast majority of performance information on venture capital and private equ
Here’s Data On How A Lot of VC and Buyout Funds Are Doing
Fortune / Posted 28 days ago
The vast majority of performance information on venture capital and private equity funds is kept under wraps, even by many public pension systems and state university endowments. But several of these groups, thanks to local law, do make the... Read more
29d
Orange County Register
California unprepared for next recessionup nuts for the winter. That seems to be the message the major credit-rating ag
California unprepared for next recession
Orange County Register / Posted 29 days ago
up nuts for the winter. That seems to be the message the major credit-rating agencies are delivering to state leaders. California is among the 10 states with the most tax-supported debt outstanding, which S&P Global Ratings, a division of... Read more

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