In November, the California Public Employees Retirement System announced it invested $60 billion in “climate solutions,” toward a goal of $100 billion by 2030. While the announcement highlighted ...

Every four years, California’s largest public pension fund undertakes a reevaluation process to balance its anticipated investment returns with the expected cost of benefits paid to retirees. This ...

This story is free to read because readers choose to support LAist. If you find value in independent local reporting, make a donation to power our newsroom today. California’s public employee unions ...

This story was originally published by CalMatters. Sign up for their newsletters. Several candidates for the board of California’s largest public pension fund are complaining that the fund put its ...

At last night’s special meeting, the Eureka City Council unanimously voted to send a letter asking CalPERS, the state’s public pension fund, to pull investments that support the “ongoing military ...

The California Public Employees Retirement System (CalPERS) has inked a five-year contract with CVS Caremark as its pharmacy benefits manager, the organization announced Tuesday. CVS is replacing ...

The California Public Employees’ Retirement System (CalPERS) has a new pharmacy benefits contract with CVS Caremark, the group announced Tuesday. Prescription drug benefits will be available for ...

The California Public Employees’ Retirement System, CalPERS, announced a preliminary investment return of 11.6% for the 2024-2025 fiscal year. The system has not yet released the financial report for ...

CVS Health's Caremark business signed a new pharmacy benefits contract with the California Public Employees' Retirement System, known as Calpers. The five-year contract provides outpatient drug ...

CVS Health's Caremark business signed a new pharmacy benefits contract with the California Public Employees' Retirement System, known as Calpers. The five-year contract includes new financial terms ...

California’s largest pension system reported Monday strong annual returns over the last 12 months, surpassing the fund’s internal benchmark by 1.7%, despite recent market volatility. California Public ...

California’s largest public employee pension fund recovered from a spring stock market plunge and notched its second-best investment return in a decade, at least temporarily easing concerns about ...