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 ...
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 ...
California’s largest pension system reported Monday strong annual returns over the last 12 months, surpassing the fund’s internal benchmark by 1.7%, despite recent market volatility. California Public ...