CalPERS $100K Pension Club up 63% Since 2012, Watchdog Says
Transparent California’s report notes more than 850 six-figure CalPERS retirees in Santa Clara County.
CalPERS still analyzing data.
Transparent California’s report notes more than 850 six-figure CalPERS retirees in Santa Clara County.
CalPERS still analyzing data.
Recent months show improvement as industry recovers.
Fund cited active management as major contributor to strong returns.
Interest rates still “40 basis points above 2016 lows.”
Reports from Pension Protection Fund and Mercer show improved DB funding.
WTI Crude prices hit $50 for the first time since May.
Preqin study finds main concerns are the exit environment, fundraising, and performance.
Report shows retirees’ disposable income more than quadrupled since 1977.
China felt biggest impact, primarily in Yangtze River Basin.
Strong performances from all major asset classes leads to seventh quarter in a row of positive gains.
The state’s main pension funds’ returns ranged from 12.5% to 13.81%.
TPR report finds the overall percentage of eligible employees saving into a workplace pension increased to 78% from 55%.
Steps being made to successfully implement new law that moves new employees into hybrid pension plan.
Largest gains point to domestic, foreign equities.