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California Public Employees’ Retirement System

Latest articles

2d
The Ridgecrest Daily Independent
City ponders CalPERS liabilityJessica Weston City Editor Jessica_Weston9 Like other cities in California, Ri
The Ridgecrest Daily Independent / Posted 2 days ago
Jessica Weston City Editor Jessica_Weston9 Like other cities in California, Ridgecrest faces a future with a large and growing unfunded liability for retirement pensions. An unfunded liability is a disparity between the amount of a pension plan's... Read more
4d
The Sacramento Bee
CalPERS pension or a 401(k)? State workers could choose under Democrat’s billproposal, Senate Bill 1149, would enable new state workers to choose alternate
The Sacramento Bee / Posted 4 days ago
proposal, Senate Bill 1149, would enable new state workers to choose alternate retirement options outside of the California Public Employees’ Retirement System, such as a defined contribution 401(k) plan. That option probably is most... Read more
5d
The Sacramento Bee
New pension plan will squeeze California citiesdollars a year for small cities and counties, according to a CalPERS presentati
The Sacramento Bee / Posted 5 days ago
dollars a year for small cities and counties, according to a CalPERS presentation describing the change. Executives at the California Public Employees’ Retirement System have advocated for faster debt payments over the past several months, arguing... Read more
5d
The Sacramento Bee
‘Race and IQ’ at McClatchy High + Janus vs. AFSCME + What the next governor should do about schoolsat the front end of another potential trend. Faced with projected budget defici
The Sacramento Bee / Posted 5 days ago
at the front end of another potential trend. Faced with projected budget deficits attributed to rising payments to the California Public Employees’ Retirement System, officials in Sonoma County’s second-largest city are considering two tax... Read more
6d
Petluma360.com
Petaluma Mayor David Glass won’t seek reelectionexpire in about 20 to 25 years. While city financial analysts say the economy
Petluma360.com / Posted 6 days ago
expire in about 20 to 25 years. While city financial analysts say the economy has fully bounced back from the recession, California Public Employees’ Retirement System rates will gradually increase due to a state-level change, costing the city an... Read more
6d
The Lake County Record-Bee
Cities should fess up about taxes and pensionsCalifornia’s political leaders don’t have to look very far to find a stark exam
The Lake County Record-Bee / Posted 6 days ago
California’s political leaders don’t have to look very far to find a stark example of the pension cost crisis facing the state’s 482 cities. Three blocks from the Capitol, in Sacramento’s city hall, Mayor Darrell Steinberg — a former leader of the... Read more
2 related articles
7d
Business Insider
A bunch of shell-shocked Wall Streeters met in paradise during the market meltdown — here's what scares them mostA few hundred Wall Streeters met in the Cayman Islands last week as the market
Business Insider / Posted 7 days ago
A few hundred Wall Streeters met in the Cayman Islands last week as the market was melting down. No one could stop talking about the newest feature in global markets — fear of the unknown. The market is morphing into a more volatile creature. Some... Read more
8d
The Sacramento Bee
Cities should fess up about taxes and pensions. Sacramento, that means youThree blocks from the Capitol, in Sacramento’s city hall, Mayor Darrell Steinbe
The Sacramento Bee / Posted 8 days ago
Three blocks from the Capitol, in Sacramento’s city hall, Mayor Darrell Steinberg – a former leader of the state Senate – and other officials are seeing pension costs skyrocket. “Over the past nine years, the city’s pension expense has increased by... Read more
2 related articles
10d
The Sacramento Bee
California pensions facing hit as charter schools consider leavinga gradual weakening of the fund. Aspire Public Schools, which operates 36 scho
The Sacramento Bee / Posted 10 days ago
a gradual weakening of the fund. Aspire Public Schools, which operates 36 schools in California, opened talks with the California Public Employees’ Retirement System after the charter school organization’s board of directors unanimously voted... Read more
11d
Marin Independent Journal
Too many unanswered questions about Kentfield taxto address massive unfunded liabilities in both the California State Teachers’
Marin Independent Journal / Posted 11 days ago
to address massive unfunded liabilities in both the California State Teachers’ Retirement System (CalSTRS) and the California Public Employees’ Retirement System (CalPERS). According to the district’s own budget documents, its pension... Read more
11d
Fortune
The Next Warren Buffett? Larry Fink's Latest BlackRock Venture Mimics Berkshire Hathawaypension fund, in 2016 to run its global active equity business. BlackRock and
Fortune / Posted 11 days ago
pension fund, in 2016 to run its global active equity business. BlackRock and Neuberger Berman Group are among firms that California Public Employees’ Retirement System, the largest U.S. pension fund, might look to partner with as it seeks help to... Read more
12d
Taft Midway Driller
Banking money against an expensive futureNoerr want city to set aside money to cover increasing PERS costs Doug KeelerM
Taft Midway Driller / Posted 12 days ago
Noerr want city to set aside money to cover increasing PERS costs Doug KeelerMidway Driller Editordkeeler@taftmidwaydriller.com@midwaydriller Taft's mayor wants the city to put a line item in the city budget to start setting aside money as a... Read more
12d
Inquirier.net
Gay Fil-Am mayor of El Cerrito vows to fight immigration raidsdecide. Charter City designation is important as it will add funding for local
Inquirier.net / Posted 12 days ago
decide. Charter City designation is important as it will add funding for local projects such as affordable housing and California Public Employees’ Retirement System (CalPERS) retirement funding,” explained Quinto. Quinto would like to be... Read more
12d
The Monterey County Herald
Editorial, Feb. 7, 2018: Train wreck looming with CalPERS pension shortfallparks. Almost 3,000 cities, school districts, fire service districts and other
The Monterey County Herald / Posted 12 days ago
parks. Almost 3,000 cities, school districts, fire service districts and other public agencies belong to the $360 billion California Public Employees’ Retirement System (CalPERS), and many are again complaining that fee hikes from the pension fund... Read more
12d
Santa Cruz Sentinel
Editorial, Feb. 7, 2018: Train wreck looming with CalPERS pension shortfallparks. Almost 3,000 cities, school districts, fire service districts and other
Santa Cruz Sentinel / Posted 12 days ago
parks. Almost 3,000 cities, school districts, fire service districts and other public agencies belong to the $360 billion California Public Employees’ Retirement System (CalPERS), and many are again complaining that fee hikes from the pension fund... Read more
17d
The Sacramento Bee
Pension costs ‘unsustainable,’ California cities sayfor more flexibility in negotiating pension obligations. Almost all of Californ
The Sacramento Bee / Posted 17 days ago
for more flexibility in negotiating pension obligations. Almost all of California’s cities belong to the $360 billion California Public Employees’ Retirement System, and some cities over the past year have raised increasingly loud complaints... Read more
18d
San Antonio Express-News
Oil yields strong returns, but pensioners miss outThe New York City Employees' Retirement System (NYCERS) Comptroller recently an
San Antonio Express-News / Posted 18 days ago
The New York City Employees' Retirement System (NYCERS) Comptroller recently announced a new initiative to divest public funds entirely from fossil fuels by 2020. It's a bold idea. But unfortunately, it's also an ineffective and wildly costly one... Read more
18d
The Sacramento Bee
California is collecting so much of your money it can’t save it alllater.Tackle pensions California’s main public pension funds are riding the so
The Sacramento Bee / Posted 18 days ago
later.Tackle pensions California’s main public pension funds are riding the soaring stock market to banner years. The California Public Employees’ Retirement System has gained almost $40 billion since July 1, and the California State Teachers’... Read more

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