In the late 1990s, California’s pension systems were flush with cash as the stock market boomed. Instead of charting a sustainable path forward, lawmakers — on a bipartisan ba ...

The state’s retirement agency is investigating whether Ron Galatolo, the former community college district chancellor, should lose his pension following his conviction of eight felony counts, a ...

A group of retirees has tapped a seasoned financial investigator to dig into California's largest pension system's returns, which its members believe to be lackluster, putting stakeholders' benefits ...

Unions hope to allow firefighters and police to retire at 55, instead of 57, but California cities and counties have pension cost concerns.

Add Yahoo as a preferred source to see more of our stories on Google. The California Public Employees’ Retirement System, or CalPERS, headquarters buildings in ...

Add Yahoo as a preferred source to see more of our stories on Google. The California Public Employees’ Retirement System, or CalPERS, headquarters buildings in downtown Sacramento are photographed on ...

For CalPERS, CalSTRS, and other public pension funds, crypto-related risk should be disclosed separately in asset-allocation ...

If you value independent local news, become a sustainer today. Your gift could help unlock a $1M challenge. California’s public employee unions often put up the big money — and the only money — in ...

The California Public Employees’ Retirement System, or CalPERS, headquarters buildings are photographed Thursday, Sept. 16, 2021, in downtown Sacramento. Xavier Mascareñas xmascarenas@sacbee.com A ...