Tag "CalPERS"
Back to homepageCalPERS considers – then rejects – efforts to end tobacco divestment
SACRAMENTO – As the nation’s largest state-based pension fund, the California Public Employees’ Retirement System is known for using its massive investment muscle to promote various social-investment causes. So-called ESGs – Environmental, Social and Governance issues – are a major
Read MoreCA Supreme Court to review pension case with nationwide implications
Reigniting a perpetually smoldering debate with nationwide implications, the California State Supreme Court agreed to consider whether rules cracking down on pension boosting strategies could be applied to unionized government workers. “A state appeals court in San Francisco ruled in a
Read MoreCalWatchdog Morning Read – November 29
Mr. Issa goes (back) to Washington Democrats grab legislative supermajorities Police-reform spotlight shines on the local level CalPERS misses Wells Fargo warning signs Startup aims to end dial-for-dollars How CA became so blue Good morning. Happy Tuesday. The Associated Press
Read MoreCalPERS knocked for missing Wells Fargo warning signs
Critics of Wells Fargo’s scandal are raising questions about why the California Public Employees’ Retirement System — which for three decades has demanded that corporations it invests in must operate under a clear ethical code — didn’t question illicit banking
Read MoreCalWatchdog Morning Read – November 22
Democratic supermajority in Legislature Pension costs going up? Calexit initiative filed But do they know how hard secession would be? Silicon Valley picked the wrong candidate. Now what? Good morning. Happy Tuesday, also known informally around the CalWatchdog newsroom as “Almost
Read MoreCalPERS staff nudges board to consider lower return rates
SACRAMENTO – There’s bad news coming down the pike for California municipalities following several days of board meetings for the nation’s largest state-based pension fund. Although no action has been taken, it’s clear the California Public Employees’ Retirement System, or
Read MoreCalWatchdog Morning Read – November 17
All eyes on SoCal state Senate race More details of personal spending from SD congressman’s campaign account Trouble for Pelosi? State senator wants total ban of sex offenders in schools Small Sierra town defaults on pension contributions Good morning! TGIT.
Read MoreDMV ‘meltdown’ latest in long list of CA computer woes
The government of the state that is home to Silicon Valley and is widely considered the global leader in innovative technology continues to be plagued by problems with computers. On Friday, the California Department of Motor Vehicles reported things were
Read MoreUnion appeal focuses attention on pension precedent
SACRAMENTO – A decision by four Marin County public-employee associations to appeal a pension-related case to the California Supreme Court could ultimately determine whether localities have the tools needed to rein in escalating pension debt. At issue is how far
Read MoreGov. Jerry Brown signs host of significant legislation
SACRAMENTO – The 2016 legislative season is officially over, with Gov. Jerry Brown having signed 900 bills while vetoing 159 by Friday’s deadline. Some of the recently signed bills are far-reaching and will have a noticeable effect on Californians’ lives. Here’s a
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