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 ...
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 ...
The largest U.S. pension fund is ramping up its exposure to private equity and private credit in a $34-billion bet that the riskier assets will fuel higher returns. The board of the California Public ...
A new CalPERS proposal would “more than double its climate-focused investments to $100 billion by 2030” and “consider selling stocks in companies with poor plans for the energy transition.” The ...
The California Public Employees Retirement System is revamping its private equity portfolio, with venture capital and growth ...
The California Public Employees’ Retirement System has $180 billion in unfunded liabilities as of its latest report. To try to reduce this debt, the nation’s largest pension system recently approved a ...
The California Public Employees’ Retirement System, or CalPERS, headquarters buildings in downtown Sacramento are photographed on Sept. 16, 2021. Friday marks the first day of voting for two seats on ...
Over the last six years, the number of people receiving CalPERS pensions outside of California has marginally, but steadily, ...