Lawmakers Could Push CalPERS, CalSTRS to Divest of Russian Assets
CalPERS has $900 million to $1.1 billion invested in publicly traded Russian companies, real estate, and private equity. CalSTRS’ held almost $32 million in Russian debt and $1.5 million in Russian rubles as of June 30.
Brittany M. 03/01/2022 - 7:55 AM
CalPERS triples its investment target, but many public employees will have to pay more
The massive investment gain will actually trigger higher contributions for many government workers.
Brittany M. 07/13/2021 - 7:07 AM
Resignation of CalPERS CIO Followed Ethics Complaint
Meng held stock in a private equity fund at the same time he approved a $1 billion investment into the company. 
Brittany M. 08/11/2020 - 8:35 AM
CalPERS CIO Resigns

In a sudden news release Wednesday evening, CalPERS announced the departure of Chief Investment Officer Yu Ben Meng. He was hired less than two years ago.

Brittany M. 08/06/2020 - 10:12 AM
CalPERS Loses $69 Billion in Market Crash
Local governments and school districts will have some tough decisions to make.
Brittany M. 03/24/2020 - 6:00 AM
CalPERS Retiree Gets Fund’s Largest Pension Ever at $34,884 a Month

The California Public Employment Retirees System has seen its biggest payout to date, and the recipient is a former CalPERS employee.

Brittany M. 03/03/2020 - 9:31 AM