Issues Update
CalPERS Sees Strong Investment Gains in 2009
January 21, 2010
CalPERS earned an 11.80 percent return on investments for the one-year period ended December 31, 2009. Since March 2009, when global financial markets plunged amid a historic worldwide economic recession, the CalPERS market value of assets has soared more than $46 billion. Total fund assets closed 2009 at $203.3 billion. Today they stand at more than $206 billion, up more than $3 billion in just the first three weeks of the new year. CalPERS 20-year investment return remains steady at 7.75 percent – the assumed rate of return necessary to pay future member pension benefits.
View CalPERS announcement.
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Los Angeles TimesReutersGlobe and Mail
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