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The California Public Employees' Retirement System (CalPERS) is an agency in the California executive branch that "manages pension and health benefits for more than 1.5 million California public employees, retirees, and their families".
The California Public Employees' Retirement System, or CalPERS, the nation's largest state pension fund, experienced a 6.1% investment loss in the fiscal year that ended June 30. It was...
Preliminary numbers from the California Public Employees’ Retirement System show that about 9,900 state workers retired in 2023, about 1,600 fewer than in 2022. That’s a 14% decline year-over ...
In many states, public employee pension plans are known as Public Employee Retirement Systems (PERS). Pension benefits may or may not be changed after an employee is hired, depending on the state and plan, as well as hiring date, years of service, and grandfathering .
The figures are based on calculations that end in fiscal year 2021-22 -- the most recent period for which confirmed data is available from the California Public Employees' Retirement...
The California Public Employees' Retirement System is only 72 percent funded, which means it only has 72 cents on the dollar to pay for the promised pensions—and they are one of the...
The California Public Employees’ Retirement System (CalPERS) and the California Teachers’ Retirement System (CalSTRS) are the two largest pension systems in the nation.
Nearly 300 retired employees of the and 501 from the are drawing pensions from the California Public Employees Retirement System. The retirement compensation is part of a list posted by...
Headquartered in Sacramento, California, the organization itself grew out of a campaign to pass a ballot initiative to amend the California state constitution to create a retirement system for California state workers (now called the California Public Employees' Retirement System).
The figures are based on calculations that end in fiscal year 2020-21, the most recent period for which confirmed data is available from the California Public Employees' Retirement System.