Governor Signs Order to Shift Pension Funds Away From Fossil Fuels
Newsom’s EO instructs the California Department of Finance to create a new Climate Investment Framework to leverage the pension funds to invest in carbon-neutral technologies.
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 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
Mapping the 100 Highest Public Pensions
The Sacramento Bee has published a list of the highest pension earners in the CalPERS and CalSTRS systems.