(Bloomberg)— The California Public Employees’ Retirement System is set to vote next week on cutting benefits for a small group of retirees in what would be the second such move in the last four months ...

Broadmoor Police Chief Dave Parenti sits at his desk in 2013. Mike Koozmin San Francisco Examiner The California Public Employees’ Retirement System is demanding that the former Police Chief of a ...

The California Public Employees’ Retirement System, once a benchmark of generous employer-sponsored health plans, is proposing to trim benefits for hundreds of thousands of its members in a bid to ...

CalPERS hasn’t publicly estimated how much it might raise premiums on its long-term care insurance policies next year, but the anticipated rate hikes are prompting the system to consider a wide range ...

Retired police officer Steve Landi complained to the California Public Employees’ Retirement System back in 2016 that his police chief was working full-time earning thousands a month while illegally ...

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 ...

Federal and state officials are investigating allegations about possible wrongdoing involving CalPERS' awarding of a contract to pharmaceutical benefits manager Medco Health Solutions, the Los Angeles ...

A decision by Tarlochan Sandhu to seek part-time work as a local government consultant while collecting his pension from the California Employees’ Retirement System will likely cost him at least ...

(Bloomberg) -- The California Public Employees’ Retirement System, the largest U.S. pension, had a 12.5% gain on investments for the fiscal year ended June 30 as global stock indexes rose to records.

The state retirement system has slashed the benefits of scores of top-paid local government officials as part of a review of overly generous public pensions prompted by the Bell scandal. Although the ...