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 show, but CalPERS won’t explain how.

Earlier this summer, the California Public Employees’ Retirement System announced Blue Shield and Included Health would administer the state workers and retirees’ basic and Medicare PPO plans. The fund balance of those plans has decreased by hundreds ...

THAT'S THE HOPE ANYWAY. TY: ABSOLUTELY. AND STICKING WITH CalPERS TODAY CalPERS, THE CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM REPORTED A 6.1 MILLION LOSS FOR THE FISCAL YEAR. WHAT DOES THAT MEAN FOR PEOPLE ON A PENSION AND PEOPLE WHO ARE PAYING FOR A ...

When the CalPERS Board of Administration comes together for its regular three-day monthly meeting starting Monday, the agenda will include the annual performance review for the pension fund’s chief executive, Marcie Frost. This won’t be any ordinary ...

A CalPERS proposal to limit how many years retirees may work for public agencies while continuing to receive a pension has its origins in a 2019 audit that identified widespread violations of state retirement laws. The retirement system found violations in ...

What Happened? Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) fell 3.8% in the morning session after investor concerns grew as one of the United States' largest pension funds, the California Public Employees' Retirement System (Calpers),

Tesla TSLA stock fell 0.6% on market weakness and Calpers opposition to Musk's pay package, not the minor Cybertruck recall.