CalPERS reports an average annual retirement benefit of approximately $45,264. Many California public employees who spend a ...

CalPERS sends out cost-of-living increases to retired state employees each May. But there's a catch for recent retirees.

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 ...

(The Center Square) - In an exclusive interview with The Center Square, Congressman Kevin Kiley, R-Calif., questioned California state retirement fund objectives, saying they have an "entirely ...

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

This story was originally published by CalMatters. Sign up for their newsletters. CalPERS on Tuesday gave up a seven-year legal battle to claw back hundreds of thousands of dollars from four ...

SACRAMENTO (AP) — The chief executive of California's $350 billion pension fund does not have a college degree and the revelation has startled some retirees. Marcie Frost, who leads the California ...