CalPERS Chief Counsel Comments on City Bankruptcies CalPERS Chief Counsel Comments on City Bankruptcies
Filmed: May 01 , 2013
CalPERS launched a new video outlining the precedent setting bankruptcy cases in Stockton and San Bernardino. The program, CalPERS Insight, features host Bob Burton in an interview with Peter Mixon, CalPERS General Counsel. Mixon explains who the key players are in each bankruptcy case, and the difference between creditors’ claims and the pension obligations CalPERS administers for more than 3,000 school and public employers.
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.