Investment returns decelerate in second half, rising only 2.5% since Jan. 1.
Lotto revenue and income from unused state land could help shore up ailing public retirement system.
Samuel Kunz and Ronnie Swinkel add responsibilities after three top people leave.
Tweets and policies could escalate trade dispute into a trade war.
Commission will study state’s fiscal situation in an attempt to boost the state-worker retirement system’s low 41% funding level.
Review ordered personally by CalSTRS CIO Chris Ailman in a rare move.
Russian president voices doubt about controversial proposal to raise retirement ages.
Private equity is system’s best-performing asset class at 13.8%.
Seth Magaziner says religious funds should have to abide by ERISA rules.
Putin’s silence leads to heavy criticism, harking back to his earlier pledge to not raise the eligibility level.