CalPERS Responds

Archive - Issues Updates - February 2011



Feb
28
2011
  Cost of Pensions Less than Cost of State Debt

Fact: CalPERS pension costs represented 1.8 percent of the State’s $87.2 billion general fund budget in FY 09-10 compared with the cost of debt service which amounted to 5.3 percent of the general fund budget.

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Feb
25
2011
  CalPERS Issues Statement on Little Hoover Commission Report

The California Public Employees' Retirement System (CalPERS) today issued the following statement in response to the Little Hoover Commission Report on public pensions:

"Pensions play an important role in the overall compensation of pub...

 
Feb
15
2011
  CalPERS: Responding to Challenges

CalPERS has responded to many challenges in the last two years and we have taken significant steps to rebuild and strengthen the organization. We have taken actions to increase accountability and transparency, strengthen ethics, manage risk in our...

 


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