Lawmakers Could Push CalPERS, CalSTRS to Divest of Russian Assets
CalPERS has $900 million to $1.1 billion invested in publicly traded Russian companies, real estate, and private equity. CalSTRS’ held almost $32 million in Russian debt and $1.5 million in Russian rubles as of June 30.
Brittany M. 03/01/2022 - 7:55 AM
CalPERS triples its investment target, but many public employees will have to pay more
The massive investment gain will actually trigger higher contributions for many government workers.
Brittany M. 07/13/2021 - 7:07 AM
FPPC Investigating Ex-CalPERS CIO

The California Fair Political Practices Commission has announced an investigation into former CalPERS Chief Investment Office Yu Ben Meng.

Brittany M. 08/20/2020 - 9:10 AM
Resignation of CalPERS CIO Followed Ethics Complaint
Meng held stock in a private equity fund at the same time he approved a $1 billion investment into the company. 
Brittany M. 08/11/2020 - 8:35 AM
CalPERS CIO Resigns

In a sudden news release Wednesday evening, CalPERS announced the departure of Chief Investment Officer Yu Ben Meng. He was hired less than two years ago.

Brittany M. 08/06/2020 - 10:12 AM
CalPERS’ "Risky” Investment Move
The pension fund will borrow billions of dollars. 
Brittany M. 06/25/2020 - 9:58 AM
CalPERS Releases Its First Climate Change Risk Assessment

In its first ever assessment of climate change’s potential impacts on pension risk, the California Public Employees Retirement System has found that 20% of its investments are in sectors vulnerable

Brittany M. 01/08/2020 - 7:27 PM