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

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

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

An independent investigation into the nation’s largest public pension, the California Public Employees’ Retirement System, has been completed.

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

Supporters of the Private Equity Sunshine Act said that CalPERS took a "sky is falling" approach to dissuade legislators from adopting the bill.

Every four years, California’s largest public pension fund undertakes a reevaluation process to balance its anticipated investment returns with the expected cost of benefits paid to retirees. This ...

There is an accountability gap at the center of public pension governance that is structural, not merely partisan.