CalPERS to Declare Two Districts in Default
Committee proposes a reduction in benefits for state workers in two delinquent districts.
Committee proposes a reduction in benefits for state workers in two delinquent districts.
Former infrastructure consultant, real estate consultant named as potential immediate replacements.
Discussions in preliminary stage, source says.
Requests each company develop and disclose policies, implement plans.
$330 billion system boasts about its influence on corporate governance of public companies.
Transparent California’s report notes more than 850 six-figure CalPERS retirees in Santa Clara County.
CalPERS still analyzing data.
20-year agreement to help demonstrate the program’s greenhouse gas reduction opportunities, cost-effectiveness.
The legal groups claim investment money violates President Trump’s fixed salary mandate.
Strong equity gains of 19.7% drive funded ratio up 3% to 68%.
Pension looking for successful early-stage managers who no longer fit its “Emerging” category.
City council significantly boosts annual payment from $1.3 million to pay down unfunded liability.
Pension fund defends use of “essential” asset class, despite high fees.
Proposal #12 passes in a 62.3% proxy vote by Exxon Mobil shareowners.
Proposal #12 looks to enhance reporting on impact of oil and gas reserves under 2-degree target and review long-term impacts.
Gov. Brown says supplemental payment will save state $11 billion over 20 years.