Gov. Brown Vows To Start Debate Over Teacher PensionsIn Gov. Jerry Brown's promise to start paying off California's massive liabilities, the largest single unfunded debt will not be seeing any additional pay-down in the coming fiscal year.
CalPERS' Pension Fund Grows Nearly 21 Percent, Best In 14 YearsThe nation's largest public pension fund has posted its highest investment returns since before the recession, reporting returns of 20.7 percent for the fiscal year ended June 30, the fund's investment team announced Monday.
CalPERS Paid $11M Legal Bill For Internal ReviewThe California Public Employees' Retirement System paid $11 million to an East Coast law firm for an internal review of the nation's largest public pension fund.