It’s almost a new year. Expecting 2016 to be full of changes? Getting married, having a child, or maybe just moving? Don’t forget to visit our Life Events page to learn how a certain life event can impact your coverage or benefits in CalPERS programs.
“As a long-term investor, we understand climate change presents risks to not only the environment, but also businesses. We also recognize that businesses have the opportunity to develop innovative solutions to correct these problems. We support the Paris Agreement and the Paris Pledge for Action as a vital step in tackling climate change.” - Anne Stausboll, CalPERS Chief Executive Officer #COP21#ClimateChange#ClimateAction
The California Public Employees' Retirement System (CalPERS) today signed the Paris Pledge for Action, committing to support and implement the climate change agreements reached at the 21st Conference of the Parties (COP21).
Wrap up the year and look ahead by reading our Winter 2016 edition of PERSpective. Inside are stories about how we stimulate the California economy, tips on reducing medical costs, what we’re doing to improve patient recovery, and top five New Year questions for retirees. Read it now online:
Looking toward a healthy new year? Our YouTube channel has a number of videos that can teach you about how Medicare pairs with your CalPERS health benefits, our Compare tool for health services and prescription drug savings, and more. Have a look:
"Openness is one of CalPERS' Core Values," said Ted Eliopoulos, CalPERS Chief Investment Officer. "As a long-term shareowner, our votes are one way we can influence a company's operations and governance. We want all shareowners to have access to this information."
Investors and the public interested in how the California Public Employees' Retirement System (CalPERS) casts its proxy votes on key decisions in corporate America can now find the information on the Pension Fund’s website.
“Nothing could be further from the truth. No changes to the benchmarks were proposed, and none were made. The private equity policy in question was approved, and the CalPERS board voted Monday to retain language to ensure that these investments maximize risk-adjusted returns,” CalPERS Board of Administration President Henry Jones in Sacramento Bee editorial:
The California Public Employees’ Retirement System’s investments in privately held companies have come under recent scrutiny. This week, economist Eileen Appelbaum and Cornell University professor Rosemary Batt made much ado about nothing by offering up false claims that CalPERS was changing its private equity strategy and benchmark to help validate its decision to invest in the asset class (“Private equity funds are a bad deal for retired state ...
The Los Angeles Times has missed the mark in its coverage of CalPERS and private equity. The Times’ story states that CalPERS staff was proposing changes to its Private Equity Program Policy that would have eliminated the requirement for staff to meet a benchmark when investing assets. This is wrong, and worse yet, the headline is misleading. Read more:
The Los Angeles Times has missed the mark in its coverage of CalPERS and private equity.
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California Public Employees' Retirement System
Welcome to the official Google + Page for CalPERS. CalPERS provides retirement and health benefits to more than 1.6 million public employees, retirees, and their families and more than 3,000 employers.