The California Public Employees’ Retirement System, CalPERS, announced a preliminary investment return of 11.6% for the 2024-2025 fiscal year. The system has not yet released the financial report for ...

This story was originally published by CalMatters. Sign up for their newsletters. California’s largest public employee pension fund recovered from a spring stock market plunge and notched its ...

For over six years, California’s public pension system has attempted to recover retirement payments made to a group of annuitants who ran afoul of the state’s post-retirement employment laws when they ...