Welcome to CalPERS Responds. This site is intended to educate, separate fact from fiction, and provide our response about issues related to pensions, investments, and health care.
Welcome to CalPERS Responds. This site is intended to educate, separate fact from fiction, and provide our response about issues related to pensions, investments, and health care.
| Dec 21 2012 |
Statement on U.S. Bankruptcy Proceedings in San Bernardino The California Public Employees’ Retirement System (CalPERS) today issued the following statement after a U.S. Bankruptcy Judge denied the Pension Fund’s motion for relief from the automatic stay in the City of San Bernardino bankruptc... » Read More | Comments (0)
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| Dec 19 2012 |
CalPERS Stance in Bankruptcies Is to Protect Members and the Soundness of the Retirement System An editorial in the Sacramento Bee, “Court cases challenge the primacy of state employee pensions,” makes the claim that CalPERS is trying to cut ahead in the line of creditors who are owed money. This is a false assumption. CalPERS co... » Read More | Comments (0)
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| Dec 18 2012 |
In Municipal Bankruptcies, CalPERS Will Champion Its Members The Sacramento Bee recently interviewed CalPERS Board President Rob Feckner on the Stockton and San Bernardino bankruptcy filings. Feckner discussed CalPERS position on municipal bankruptcies as well as CalPERS inherent responsibility to protect C... » Read More | Comments (1)
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| Dec 10 2012 |
Responsible Employees and Retirees Get Lost in Municipal Bankruptcy Discussions In an op-ed posted by the San Bernardino Sun, the writers fail to mention the individuals who will bear the burden of municipal bankruptcies - the current public employees and retirees who make their pension contributions with the promise that the... » Read More | Comments (2)
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| Nov 28 2012 |
CalPERS Files Brief in the City of San Bernardino Bankruptcy Proceeding CalPERS filed a motion in US Bankruptcy Court on November 27, 2012, asking for relief from the automatic stay in the City of San Bernardino bankruptcy proceeding. The motion requests that CalPERS be allowed to file a collection action in state cou... » Read More | Comments (2)
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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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