The Latest Breaking News from CalPERS

SACRAMENTO, Calif. — California’s two giant pension systems lost a couple billion dollars more than was previously reported in the volatile markets of the first half of this year.

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.

The plunge in prices for Bitcoin and other cryptocurrencies provides a cautionary tale for the handful of public pension funds that have dipped their toes into the crypto pool

Whether a simple operation is performed under the auspices of a hospital or at an independent surgery center can make a huge difference in cost.

SACRAMENTO, Calif. — A union representative who works at CalPERS is leading one of the most visible fights in California state government against strict in-office requirements amid a new COVID-19 surge.

Because sexually assaulting his two young daughters was not “work-related,” former California Highway Patrol lieutenant Johnnie Swaim gets to draw almost six figures in an annual, taxpayer-funded pension.

The largest pension fund in the U.S. reduced its FAANG holdings in the first quarter amid the tech rout at the start of the year, the 13-F filed with the SEC late Wednesday revealed.

The largest state public pension fund in the U.S. has sided with a minority shareholder, which has sponsored a proposal to remove Warren Buffett from the post of chairman of the board of Berkshire Hathaway, Inc.