CalPERS Responds

Welcome to CalPERS Responds. This site is intended to educate, separate fact from fiction, and provide our response about issues related to pensions, investments, and health care.


Jun
22
2011
  Top Five Facts You Should Know About CalPERS and Public Pensions

Fact #1 – Pensions are a shared responsibility

  • Public pensions are funded through three sources – investment income, member contributions, and employer contributions
  • For every dollar paid in pension benefits ov...
 
Jun
10
2011
  CalPERS Responds to LA Times Story on Email Policy

The Los Angeles Times today reported that CalPERS has “begun” automatically deleting any emails older than 60 days. The report also implies that the policy was instituted during our special review of placement agents and that C...

 
Jun
3
2011
  CalPERS CIO FT Opinion on Threats to Financial Growth, Importance of Market Governance

In this opinion for the Financial Times, CalPERS Chief Investment Officer describes what keeps him up at night and his views on the threats to financial growth. Dear says, “First, we have to recognize the perils. We must be alert to the warn...

 
Jun
1
2011
  Pensioners Earning $100k Headlined by Sac Bee Represent Only 2% of Retirees
Today’s Sacramento Bee story about the growth of CalPERS members earning $100,000 or more in annual pensions may suggest that public employees are getting rich in retirement but it is far from the case. Here are some important facts to know:» Read More | Comments (2)
 
May
12
2011
  Study Comparing Private and Public Benefits is Flawed; CFFR Proposals Raise Serious Concerns

CalPERS has reviewed the report, “Comparing Public and Private Employee Compensation and Retirement Benefits in California,” commissioned by the California Foundation for Fiscal Responsibility (CFFR). CalPERS preliminary review of CFFR...

 

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