CalPERS is preparing to pay out roughly $800 million to settle claims that it misled retirees when it began offering long-term care insurance in the late 1990s and pledged it wouldn’t substantially ...
Monthly retirement trends for California state employees follow regular patterns, with most leaving state service in July and December.
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 ...
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 ...
Where California goes, the nation follows, the saying goes, and it appears to be true when it comes to the California Public Employees' Retirement System. The nation's largest public pension fund had ...
SAN FRANCISCO (Reuters) - Calpers' disclosure that a firm led by a former board member reaped $50 million in fees for placing private equity investments at the largest U.S. public pension fund is ...
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Fortuna City Council advances zoning changes, reduces state debt
Monday, the Fortuna City Council voted in unanimous support for zoning tweaks surrounding housing development in city limits.
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