Category: California Public Employees’ Retirement System

California Lawmakers Seek to Divest Public Pension Funds From Fossil Fuel

April 24, 2023
CaliforniaCalifornia Public Employees’ Retirement SystemCalifornia State Teachers’ Retirement SystemCalPERSNorthern CaliforniaPolicies & ImpactsRegional & State NewsRegional NewsSouthern CaliforniaState NewsUS
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A bill requiring California’s two largest public pension funds to divest from fossil fuel companies is quickly making its way through the state Legislature despite opposition from the state funds. Senate Bill 252, introduced by state Sens. Lena Gonzalez (D-Long Beach), Henry Stern (D-Calabasas), and Scott Wiener (D-San Francisco), would prohibit the boards of California…

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Will California’s Public Pension System Learn From its Mistakes?

July 15, 2021
AB826CaliforniaCalifornia Public Employees’ Retirement SystemCalPERSgainsinvestment performancesinvestmentsLocal NewsNorthern CaliforniaOpinionpensionspublic unionsRegional-Local NewsSouthern CaliforniastocksunionsUSViewpoints
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Commentary If you have had a chance to look at your 401(k) or IRA rollover quarterly statement for June 30, then you’ve probably got a smile on your face. The stock market has done quiet well over the past year; likely better than most would have expected. The California Public Employees’ Retirement System (CalPERS) on…

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