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The San Diego City Employee's Retirement Pension Fund was the source of a multi-year scandal [1] and has been an ongoing financial concern for the city of San Diego, California .
The California Public Employees' Retirement System ( CalPERS) is an agency in the California executive branch that "manages pension and health benefits for more than 1.5 million California public employees, retirees, and their families".
This list of largest pension funds in the United States involves two main groups: government pension funds for public employees and collectively bargained pension funds, jointly managed between employer and employee representatives after the Taft-Hartley Act of 1947.
The California Public Employees' Retirement System, or CalPERS, the nation's largest state pension fund, experienced a 6.1% investment loss in the fiscal year that ended June 30.
A new study shows that fossil fuel investments dramatically underperformed for CalSTRS, CalPRS and individual retirees over the last 10 years.
California has just 72 percent of the assets needed to make payments to retired public workers, many of whom get to collect six-figure annual payments.
The California State Teachers' Retirement System ( CalSTRS) provides retirement, disability and survivor benefits for California's 965,000 prekindergarten through community college educators and their families. [1] CalSTRS was established by law in 1913 and is part of the State of California's Government Operations Agency. As of September 2020, CalSTRS is the largest teachers' retirement fund ...
Andreessen Horowitz, which over its 14-year history has never raised capital from the major California pension funds, is changing its tune this year. The firm, also known as a16z, has raised $400 ...