CalPERS has taken aggressive steps to implement policies and reforms that strengthen the pension fund’s accountability and ethics, and to ensure full transparency. These actions have included:
The actions are aimed at providing CalPERS members, employers and the public complete confidence in the System’s investment decision-making process and ensure the CalPERS Board is meeting its fiduciary duty.
Read the entire Fact Sheet outlining CalPERS actions through November 2010.
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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