CalPERS Predicts 5.8% Return Under New Allocation, Far Short of 7% Goal
Not-so-great expectations.
2026 is shaping up to be a year of city council candidates with problematic pasts.You may recall…
CalPERS Votes to Cut Retiree Benefits for Town in Default
Loyalton voted to exit the system in 2013. Now its retirees are going to lose the benefits they were promised.
More and More Pensioners Are Joining the ‘$100k Club’
The number of public retirees receiving more than $100,000 in pension checks from CalPERS each year has exploded from 1,841 in 2005 to 21,652 in 2015.
Chuck Reed: Stop Whistling Past the Pension Graveyard
Are we fiddling while Rome burns?
CalPERS and the No Good, Very Bad Year
CalPERS just had its worst showing since the height of the last financial crisis.
Ex-CalPERS CEO Sentenced to Prison in Bribery Case
Prosecutor Timothy Lucey called it one of the most serious cases of public corruption the state has ever seen.
Manteca Could Face Exodus with Half of City Hall Retirement Eligible
The city already has ten confirmed retirements for the coming year, including City Manager Karen McLaughlin.
Closed Session Addresses Pensions in California with Amy Brown
Pensions, the pot of gold at the end of the public service tunnel. They are always a hot topic, and even more so in recent years.
California Cities Support a More Conservative CalPERS
Sounds like agencies are tired of falling short on investment returns.