Tag "Fred Buenrostro"
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CalPERS critic makes runoff for CalPERS board
The underfunded California Public Employees’ Retirement System faces daunting challenges in coming years, with local governments increasingly vocal about not being able to afford the ever-growing cost of their CalPERS-managed pension programs, as CalWatchdog reported July 20. The nation’s largest
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Only CalPERS internal watchdog on way out
The giant California Public Employees’ Retirement System – with $320 billion-plus in assets, the nation’s largest pension system – is going to lose its only outspoken internal watchdog. J.J. Jelincic – an eight-year incumbent on the CalPERS board who is on leave from
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Backdrop to CalPERS’ many debacles: Agency thinks it’s great
The giant California Public Employees’ Retirement System, as one might suspect from its massive and self-important Sacramento headquarters, thinks it is the bomb — a flawless organization that should inspire awe in onlookers. Yes, of course, the phenomenon of government
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