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The California Employers’ Retiree Benefit Trust Fund was established by CalPERS in March 2007 to provide California public agencies with a cost-efficient, professionally managed investment vehicle for prefunding other post-employment benefits (OPEB) such as retiree health benefits.
RivCo's Unfunded Pension Gap At $3.66 B: CalPERS Retirees Take Note - Murrieta, CA - The amounts to fund workers' nest eggs in CalPERS will rise over the next 5 years according to a pension...
The California Public Employees’ Retirement System (CalPERS) and the California Teachers’ Retirement System (CalSTRS) are the two largest pension systems in the nation.
Will California's Largest Pensions, CalPERS And CalSTRS, Divest From Fossil Fuels? - Sacramento, CA - Climate activists and some lawmakers want the pension funds to shed $15 billion of fossil...
The CalPERS CEO encouraged members to contact the pension fund via phone and email with questions, but retirees say the pension fund shouldn’t place the onus on beneficiaries.
The loss left the fund with a year-end value of $440 billion, or 72% of what it would need to pay all its long-term obligations. That’s down from 80% a year ago, when the fund was worth $469 ...