CalPERS Responds

Archive - Issues Updates - August 2010



Aug
18
2010
  CalPERS Tackles Issues Raised by City of Bell Salary Controversy

CalPERS is taking several actions to address concerns raised by the City of Bell salary controversy.  They include:

  • Posting reviews of public agency membership and payroll data submitted to the retirement system
  • Highlig...
 
Aug
10
2010
  Sacramento Bee Dan Walters Misinformed About CalPERS
Dan Walters recently accused CalPERS of a dereliction of fiduciary duty on “a massive scale.” While CalPERS recently has had to face a number of challenging problems, this is an unfair charge. CalPERS has never failed to meet its fiduciar...
 
Aug
5
2010
  News Reports Incorrect: No Exemption to Rules Given to City of Bell

It has been widely reported that CalPERS gave an "exemption to its rules" for the large salary increases in the City of Bell.  This is flat out incorrect.  CalPERS followed all the existing pension rules related to Bell four years ago.&n...

 


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