Pension Financing

Myth: Pension Costs for the State of California have increased by 2000 percent in the last 10 years. | Facts

Myth: Public pension benefits are excessive and a drain on the public. | Facts

Myth: CalPERS said the SB 400 benefit enhancements would be free to the State forever. | Facts

Myth: CalPERS is going to run out of money because of baby boomers retiring. | Facts

Myth: Pensions are among the highest costs of State government. | Facts

CalPERS Tackles Issues Raised by City of Bell Salary Controversy
August 18, 2010
CalPERS is taking several actions to address concerns raised by the City of Bell salary controversy.
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The DNA of the CalPERS Pension Buck
June 28, 2010
Did you know that 63 cents of every dollar paid in public pensions comes from investment earnings?
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Reason Foundation Report on Public Pensions Fatally Flawed
June 14, 2010
A recent report that predicted that many state pension funds, including CalPERS, will be insolvent within two decades is fatally flawed.
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Follow CalPERS Review of Asset Allocation, Rate of Return
May 10, 2010
CalPERS is planning a top-to-bottom review of how the assets in the fund are allocated – the percentage invested in stocks, bonds, real estate, private equity, cash and other investments.
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CalPERS Response to Stanford Policy Brief on Public Pension Funds
April 6, 2010
Stanford’s Institute for Economic Policy Research released a policy brief “Going For Broke: Reforming California’s Public Employee Pension Systems” that relies on outdated data and methodologies out of sync with governmental accounting rules...
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Joe Dear, Chief Investment Officer and Alan Milligan, Interim Chief Actuary discuss CalPERS review of its asset allocation, investment assumptions, and the assumed rate of return -- the rate necessary to pay future pension benefits.
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