| Sep 30 2011 |
CalPERS CIO on Investment Target: “The game has gotten harder, but it’s not impossible to succeed” My recent remarks on Bloomberg Television about the challenges for CalPERS to meet its 7.75 percent assumed rate of return have caught the attention of financial reporters, not to mention critics of public pensions including CalWatchdog.com. For t... » Read More | Comments (0)
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| Sep 20 2011 |
Proposed Government Accounting Standards Set to Burden Public Employers The Governmental Accounting Standards Board (GASB) has proposed changes to its accounting standards for governmental plans and public employers. The proposals will significantly change pension accounting and financial reporting for state and local... » Read More | Comments (0)
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| Sep 12 2011 |
Cal Watchdog Observations of CalPERS Fall Flat, Incorrect John Seiler’s observations of our recent PERSpective newsletter to our members falls flat, and in some cases are simply incorrect. For example:
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| Sep 1 2011 |
Why Pension Critics Are Wrong About CalPERS Assumed Investment Return Pension critics continue to charge that CalPERS assumed rate of return of 7.75 percent is too optimistic and that the CalPERS unfunded pension gap is much wider than stated. » Read More | Comments (0)
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CalPERS is working hard to ensure the retirement and health security of our members, provide help to our employers, and manage our investments to meet our long-term liabilities. We hope this information provides education, insight, and clarity.
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