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CalPERS 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

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Latest scandal: Why you would be nuts to believe CalPERS

The Sacramento Bee has the basic details on a new CalPERS contretemps: “A former CalPERS employee who alleged she was fired for challenging a cover up of insider trades by fund staff settled her wrongful termination case this morning. “Jeannine

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