California Public Employees Retirement System

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California Public Employees Retirement System News

News on California Public Employees Retirement System continually updated from thousands of sources around the net.

Friday Aug 29 | Quebec Chronicle-Telegraph

Steven Greenhut on California Embracing Pension-Spiking Bonanza

After reading new state rules that detail 99 categories of "special pay" that can be used to spike a public employee's pension, I was tempted to ask my editor for "special deadline pay" for filing columns on time.

Comment?

Related Topix: Pension, Personal Finance, Financial Services, Investment Services, Jerry Brown, US Governors, Libraries

Friday Aug 29 | Sacramento Bee Newspaper

Endorsement: Leyne Milstein is clearly the best choice for CalPERS board

It's an election that only a select group will decide, but its outcome is crucial to taxpayers across California – as a key decision last week on pensions demonstrates.

Comment?

Related Topix: Pension, Personal Finance, Financial Services, Investment Services, Retirement, Sacramento, CA, Opinion

Wed Aug 27, 2014

Contra Costa Times

Concord council takes aim at benefits for future elected officials

On Sept. 23, the City Council is scheduled to approve an amendment to Concord's contract with the California Public Employees Retirement System creating a new employee group for any council members and city treasurers elected after Nov. 1. Members of this group would not receive pension benefits.

Comment?

Related Topix: Concord, CA, Financial Services, Investment Services, Pension, Personal Finance, Clayton, CA

Fri Aug 22, 2014

Holtville Tribune

Applying for CalPERS Long-Term Care Just Got Easier

The California Public Employees' Retirement System just made it easier for public employees, retirees, and family members to apply for CalPERS Long-Term Care coverage with the launch of a new online application.

Comment?

Related Topix: Personal Finance, Retirement, Financial Services, Investment Services

The San Diego Union-Tribune

-story-block

Maybe that boost could also lead to a higher pension calculation. Then again, like most private-sector workers, I don't receive a pension.

Comment?

Related Topix: Pension, Personal Finance, Financial Services, Investment Services, Jerry Brown, US Governors, Libraries, US Politics, US News

Mass Transit

CA: Ethics Panel Wants Stiffer Penalty for CalPERS' Priya Mathur

Aug. 22--REPORTING FROM SACRAMENTO -- The state's ethics panel is taking a get-tough stance toward a board member of the nation's biggest government pension fund, who has repeatedly failed to file legally required disclosure reports.

Comment?

Related Topix: Pension, Personal Finance, Financial Services, Investment Services, Retirement

Wed Aug 20, 2014

Business Journal

Governor: CalPERS 'got it wrong' on pension boost

The California Public Employees' Retirement System approved on Tuesday many options for new workers to increase their pensions, including temporary promotions for those holding interim jobs.

Comment?

Related Topix: Pension, Personal Finance, Financial Services, Investment Services, US Governors, Jerry Brown

Tue Aug 19, 2014

The Fresno Bee

CalPERSa pension rules would OK 99 types of extra pay to count toward pensions

The CalPERS board is considering nearly a hundred types of pay to be considered when calculating pensions for state and local government employees.

Comment?

Related Topix: Pension, Personal Finance, Jerry Brown, US Governors, Retirement, Financial Services, Investment Services, Pacheco, CA

Sacramento Bee Newspaper

CalPERS' pension rules would OK 99 types of extra pay to count toward pensions

More than a year after Gov. Jerry Brown signed a law he said would tamp down pension spiking, the state's biggest public pension fund is on the verge of adopting rules critics say would undermine its intent.

Comment?

Related Topix: Pension, Personal Finance, Jerry Brown, US Governors, Financial Services, Investment Services, Retirement, Education Etc.

Mon Aug 18, 2014

Sacramento Bee Newspaper

Governor, cities criticize pension board proposals

Gov. Jerry Brown and local government officials are warning that the state pension board is making the nation's largest public retirement system vulnerable to abusive practices known as "pension spiking" by misinterpreting reforms for new hires passed two years ago.

Comment?

Related Topix: Pension, Personal Finance, Jerry Brown, US Governors, Retirement, Financial Services, Investment Services, Long Beach, CA

Wed Aug 13, 2014

Holtville Tribune

CalPERS to Hold Public Hearing August 19 on Pensionable Compensation for New Members

The California Public Employees' Retirement System Board of Administration will hold a public informational hearing on draft regulations that define pensionable compensation for new members, with the implementation of the Public Employees' Pension Reform Act .

Comment?

Related Topix: August, CA, Financial Services, Investment Services, Pension, Personal Finance

Press-Telegram

Long Beach City Council schedules retreat for this weekend

LONG BEACH >> With budget discussions dominating most of its regular meetings, the City Council will hold a retreat Saturday to talk about district and citywide priorities.

Comment?

Related Topix: Financial Services, Investment Services, Pension, Personal Finance, Sacramento, CA

Sys-Con Media

First MinuteClinic Walk-in Medical Clinics Open in Sacramento Area

Nationwide, MinuteClinic, a division of CVS Caremark Corporation and the largest and fastest growing provider of walk-in retail medical clinics in the U.S., has more than 850 clinics in 29 states and the The clinics are open seven days a week with no appointment necessary.

Comment?

Related Topix: Retail, CVS, Health Insurance, Financial Services, Investment Services

Tue Aug 12, 2014

Sacramento Bee Newspaper

CalPERS board member facing another FPPC fine

A CalPERS board member is facing another fine from the state's political watchdog agency, this time for failure to file campaign finance statements on time.

Comment?

Related Topix: Financial Services, Investment Services

Mon Aug 11, 2014

Los Angeles Times

State ethics panel again proposes fining CalPERS board vice president

The Fair Political Practices Commission proposes fining CalPERS board vice president Priya Mathur for failing to file campaign financial statements for 2012 and 2013 in a timely manner.

Comment?

Related Topix: Personal Finance, Retirement, Financial Services, Investment Services

Business Journal

CalPERS considers cutting back on commodities, hedge funds, equities

The Sacramento-based California Public Employees' Retirement System reportedly is considering dramatically reducing or even dropping investments in commodities, hedge funds and some $55 billion worth of individual company stocks.

Comment?

Related Topix: Financial Services, Personal Finance, Retirement, Investment Services, Pension

Thu Aug 07, 2014

Los Angeles Times

New charges filed against ex-CalPERS official in corruption case

Alfred Villalobos, above, is accused of conspiring with and bribing a former CalPERS executive to close a $3-billion deal with a Wall Street private equity firm.

Comment?

Related Topix: Pension, Personal Finance, Financial Services, Investment Services, Prison, us Travel, Travel, Criminal Defense Law, Law

Mon Aug 04, 2014

Business Wire

CalPERS and UBS Global Asset Management Announce USD 500 Million Infrastructure Partnership

CalPERS and UBS have made capital commitments of USD 485 million and USD 15 million, respectively, to the partnership.

Comment?

Related Topix: Financial Services, Investment Services, Personal Finance, Retirement

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