Cities and counties can no longer exclude certain employees from CalPERS pensions under a new law signed by Governor Gavin Newsom.
The California Fair Political Practices Commission has announced an investigation into former CalPERS Chief Investment Office Yu Ben Meng.
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.
The California Public Employment Retirees System has seen its biggest payout to date, and the recipient is a former CalPERS employee.
In its first ever assessment of climate change’s potential impacts on pension risk, the California Public Employees Retirement System has found that 20% of its investments are in sectors vulnerable