CalPERS | Page 6 of 13 | CalWatchdog.com

Tag "CalPERS"

Pension funds’ goal: High returns or symbolic stands?

Government pension funds around America have for years been pressured to take stands on political issues by investing or not investing in particular companies or industries. Pension fund managers bent on maximizing returns typically push back, especially in an era

CA city bankruptcies unnerving bond industry

Chris Reed March 27, 2015

The fallout from municipal bankruptcies in Stockton and San Bernardino continues to play out in unexpected ways, with old presumptions that most significant creditors would be treated similarly falling to the way side. This week, Franklin Templeton filed vigorous objections

Courts: Maybe public pensions can be cut

John Seiler March 19, 2015

One theme CalWatchdog.com has covered over the years is that public pension programs are not sacrosanct. Although the general interpretation of the California Constitution is that the pensions must be paid — no matter what — if there’s no money,

California’s Beltway delegation double-dips on pensions

Steve Miller March 17, 2015

They’re called double-dippers: those who take a pension payout from one government job while earning a salary doing another. Last year 19 of California’s 55 members of the U.S. Congress drew pensions from a state-backed public retirement plan, according to a CalWatchdog.com

DeMaio, Reed team up for 2016 pension fight

John March 12, 2015

The dynamic duo of California pension reform are teaming up in 2016. Former San Diego City Councilman Carl DeMaio and former San Jose Mayor Chuck Reed, both of whom successfully passed pension reform in their respective cities during their time

Worst-case scenarios for CalSTRS and CalPERS

Wayne Lusvardi March 4, 2015

Sometimes it’s good to consider worst-case scenarios. Maybe they won’t even happen, but it can help to look at every possibility. Two analysts have done that for California’s two biggest pension systems. As of the most current figures, the California Public

CalPERS reacts to Anthem security breach

John Seiler February 5, 2015

The hacker attack on health insurance provider Anthem Blue Cross announced last night in particular affects hundreds of thousands of members of the California Public Employees’ Retirement System. But a security expert told CalWatchdog.com the breach is not critical —

Comparing CalPERS and CalSTRS with AT&T retirement

Wayne Lusvardi January 27, 2015

Following yesterday’s CalWatchdog.com story, “State pensions improve, but members living longer,” it would be useful to compare California’s two large state retirement funds with a roughly equivalent private one, AT&T. Most private companies have switched to “defined contribution” pension plans, in

State pensions improve, but members living longer

Wayne Lusvardi January 26, 2015

Is it morning in California for the California Public Employees’ Retirement System and the California State Teachers’ Retirement System? Both CalPERS and CalSTRS’ funds have performed better lately, even as members are living longer. CalPERS is doing much better since 2008,

CalPERS numbers attract fresh scrutiny

James Poulos November 26, 2014

The California Public Employees’ Retirement System looks to see 2015 as another controversial year, especially around four budding controversies. First, attention has focused in recent weeks around the way CalPERS pays its board members and executives. An investigation by the Sacramento Bee