The Chico City Council unanimously passed an ordinance to regulate massage businesses in an effort to prevent human trafficking and prostitution at its Tuesday evening meeting. The council also unanimously voted to reintegrate an annexed territory back into District 7,

CalPERS’ market value has reached $500 billion for the first time, a new landmark for the nation’s largest pension fund. Pension plan statistics show the retirement plan reached $501.63 billion as of Monday night, following a 1.4% increase in the S&P ...

The California Public Employees’ Retirement System (CalPERS), the largest public pension fund in the U.S., said it plans to vote against Tesla Inc (NASDAQ:TSLA) CEO Elon Musk’s proposed $1 trillion compensation package,

California’s two big public pension funds have been under increasing pressure to divest from fossil fuels as other big institutional investors move to shed their holdings in oil companies and other heavily polluting industries. And it’s not hard to see ...

CalPERS leaders approved a 90% premium increase for its long term care insurance plans Tuesday, seven years after the announcement of a similar increase spurred a lawsuit. The new rates will be introduced over two years, with a 52% hike coming in July 2021 ...

CalPERS health insurance policyholders will officially see their premiums grow close to 11% on average next year. The board of administration for the California Public Employees’ Retirement System approved the new rates Tuesday, during the second day of ...

CalPERS board candidates take questions during a candidate forum at CalPERS headquarters in Sacramento on Wednesday. JOSÉ LUIS VILLEGAS [email protected] Six candidates vying for one of two board seats on the country’s largest pension system outlined ...

Calpers just unloaded $6 billion in private equity funds to second-hand buyers supposedly at a 10% discount. Sounds like a $600 million transfer of state workers’ wealth to Wall Street. Calpers, the nation’s largest public pension, recently unloaded ...

Two-time incumbent David Miller defended his seat on the CalPERS Board of Administration from two challengers, Santa Monica fire Captain Dominick Bei and former Pasadena city manager Steve Mermell, according to CalPERS election results released Thursday.

Schwab Asset Management said it will vote in favor of Elon Musk’s 2025 CEO Performance Award, calling the proposal aligned with shareholder interests. ・Major institutional investors including CalPERS,