SACRAMENTO, Calif. — The California Public Employees’ Retirement System (CalPERS), Covered California and the California ...

A retired California government employee collected nearly half a million dollars in pension payments last year. The system paying him is $153 billion short of the assets needed to cover its promises.

As the state's public servant pension shortfall soars to at least $153 billion, the California Post can reveal that more than 63,000 retired public servants are being paid at least $100,000 a year ...

For over 800,000 retired California government workers, May was a big month. That's because the California Public Employees' Retirement System cost-of-living adjustments (COLA) went out. For ...

CalPERS debated AI's risks after an Anthropic researcher quit, cutting its Magnificent Seven stake 26% and trimming Nvidia by ...

A coalition of California unions wants more transparency around public pension funds' private equity investments to measure their performance and to shine a light on the companies owned by these often ...

Add Yahoo as a preferred source to see more of our stories on Google. The California Public Employees’ Retirement System headquarters buildings in downtown Sacramento. The California Public Employees ...

This story was originally published by CalMatters. Sign up for their newsletters. Linda Samsom couldn’t sleep the night she received the letter from her pension fund, the California Public Employees’ ...

Covered California and the California Department of Health Care Services (DHCS) announced major improvements in care quality ...