Should California pension funds invest in fossil fuels? How about Tesla and Palantir? Or companies with anti-union records? Those debates are playing out at CalPERS and CalSTRS.

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 ...

THAT'S THE HOPE ANYWAY. TY: ABSOLUTELY. AND STICKING WITH CalPERS TODAY CalPERS, THE CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM REPORTED A 6.1 MILLION LOSS FOR THE FISCAL YEAR. WHAT DOES THAT MEAN ...

The California Public Employees’ Retirement System, CalPERS, announced a preliminary investment return of 11.6% for the 2024-2025 fiscal year. The system has not yet released the financial report for ...

CalPERS expects the cost of state workers' pensions will start falling in 2028 as a result of strong investment returns in ...

The California Public Employees’ Retirement System reported its first negative annual net return since the global financial crisis in 2008 and 2009. On Wednesday, the largest public pension plan in ...

Every four years, California’s largest public pension fund undertakes a reevaluation process to balance its anticipated investment returns with the expected cost of benefits paid to retirees. This ...

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 ...

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 ...

Recent strong investment returns are part of the reason the contribution rate is declining a bit. Another is that the state has been on a hiring spree for CHP officers. That means more employees are ...