CalPERS administers retirement benefits for 1.6 million active and retired State, school, and public agency employees and their families. We have sufficient assets to pay retirement benefits now and into the future.
Forty-one percent of the State general fund budget is earmarked for public education, 12 percent for higher education, and 10 percent for correctio... » Read More
CalPERS follows accounting standards set by the Governmental Accounting Standards Board. We have received awards over the last 15 years for meeting... » Read More
CalPERS Statement on Stockton's Mediation Process March 22, 2012
CalPERS CEO issues statement on City of Stockton’s mediation efforts » Read More
CalPERS Releases Cost Analysis of Republican Pension Reform Proposal March 16, 2012
CalPERS today released its cost analysis of major provisions of the pension reform proposal introduced by Sns Berryhill, Cannella, Emmerson and Harman. » Read More
CalPERS Releases Cost Analysis on Creation of Hybrid Pension Plan February 15, 2012
CalPERS released an actuarial staff analysis outlining the costs associated with creating a hybrid pension plan for all new hires consistent with one of the goals outlined in Governor Jerry Brown’s Twelve Point Pension Reform Plan released in October » Read More
Comparison of Defined Benefit, Defined Contribution and Hybrid Plans February 2, 2012
CalPERS today released a comparison of different retirement benefit plans to help further the discussion on pensions and understanding of plan designs. » Read More
Breakdown of Average Benefit Payments February 2, 2012
The 2011 Comprehensive Annual Financial Report is available online at www.calpers.ca.gov. » Read More
Good News from CalPERS
Good News from CalPERS Filmed: August 5, 2011
In this edition Anne Stausboll, CalPERS Chief Executive Officer, reviews the Fund’s outstanding investment performance in the last fiscal year, the impact of pension payments on the California economy, and a legal analysis indicating that pensions are a vested right.
