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# Share Your Votes Blog/Website  Recent Posts                 
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Teachers’ pension fund posts highest returns since 2014: California’s second-largest public pension fund rode a booming stock market to post its best year of investment returns since 2014. The California State Teachers’ Retirement System gained an investment return … Click to Continue »
He’ll lead California’s water department as it rebuilds Oroville Dam, restricts groundwater: A longtime Sonoma County water manager and environmental advocate is in line to lead the state Department of Water Resources, Gov. Jerry Brown announced on Wednesday. Brown appointed Grant Davis, … Click to Continue »
CHP Commissioner Joe Farrow named chief of police at UC Davis: California Highway Patrol Commissioner Joe Farrow has been selected to be the next UC Davis chief of police. University of California, Davis, interim Chancellor Ralph J. Hexter announced the appointment … Click to Continue »
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Social Security, a pension booster, faces shortfall: Retirees who receive federal Social Security in addition to their California state and local government pensions got mixed news last week. Social Security trustees project a 2.2 percent increase for recipients next year after little or no increase the last two years. And the Social Security tru...
Old cause of pension debt gets new attention: CalPERS may soon report investment earnings for the fiscal year ending June 30 that are near or even above its long-term target of 7 percent, up from a return of 0.61 percent the previous year. But the nation’s largest public pension system will still be seriously underfunded. Like most...
San Francisco pension debt not curbed by voters: A decade ago the San Francisco public pension system was known for being well-funded, winning good management awards, and going eight years with no annual payments from the city. The distinctive feature of the San Francisco system — requiring voter approval of pension increases — was approved b...
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California is still facing a pension crisis even with good stock market returns: Public employee unions try to use good years to deflect attention from a growing problem. By Steven Greenhut | California’s fiscal watchdogs are bracing for the forthcoming press statements from the nation’s largest state-run pension fund, and from the public-sector unions that depend on the syst...
Jerry Brown’s big skim: Potential profits could’ve been used for government services By David Crane | Governor Jerry Brown and the California Legislature have approved a scheme under which a special state fund filled with citizen-paid fees will lend money to the state General Fund, which in turn will contribute the proc...
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A Response to Yves Smith on CalPERS: Yes, The Twelve Days of CalPERS by Yves Smith at naked capitalism is very witty, but it plays into the hands of those who would like to see public pensions dismantled. I like some of the work Yves Smith has  have been reporting on CalPERS, which obviously needs not only watching but needs to be ...
CalPERS Candidate Forum: September 16, 2014: CalPERS Auditorium Looking Toward Board Seats Please attend the upcoming CalPERS Candidate Forum. Sorry, I haven’t been keeping this site up but have concentrated on Corporate Governance. However, another election cycle is coming up at CalPERS. State and local government employees will each ele...
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Retirement for Disability – Latest Developments in CalPERS’ Requirements: Retirement for disability can already be a cumbersome and confusing process. The California Public Employees’ Retirement System’s (CalPERS) new and additional mandates – as set forth in its March 30, 2017 Circular Letter – raises the ante. The Letter informs all contracting public agencies of the...
CalPERS School and Local Agency Members May Now Recover Service Credit and Compensation Earnable Upon Administrative, Arbitral or Judicial Reversals of Terminations: CalPERS contracting agencies and schools should be aware that effective January 1, 2017, if an employee’s termination is overturned on appeal, back pay is not the only thing the employee will be able to recover. On June 21, 2016, we reported that Assembly Member Cooper introduced a new bill, AB 2...
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CalPERS manages pension and health benefits for more than 1.6 million California public employees, retirees, and their families. The second largest public pension fund in the US, they are internationally known for their shareowner activism.

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