A report commissioned by a retiree group alleged that CalPERS has systemic "governance failures," which put the fund at risk.

The California Public Employees' Retirement System (CalPERS), the nation's largest public pension fund, has been hampered by ...

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 shifted from stable, traditional assets to private equity and a private credit portfolio. Details about their ...

For over six years, California’s public pension system has attempted to recover retirement payments made to a group of annuitants who ran afoul of the state’s post-retirement employment laws when they ...

This month, CalPERS settled with a group of retired annuitants who were found to have violated “working after retirement” laws. The settlement reinstated the retirees’ pension benefits and required ...