As CalPERS and CalSTRS' assets have grown in recent years, so have the pay packages for the state agencies' most well-compensated employees.

This story was originally published by CalMatters. Sign up for their newsletters. California’s largest public employee pension fund recovered from a spring stock market plunge and notched its ...

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 ...

CalPERS CEO Marcie Frost reflects on the retirement system's reputation, recent growth and future.

The largest US public pension isn’t fazed about tremors in the private credit market driven by artificial intelligence’s potential threat to software, according to its chief executive officer, Marcie ...

The California Public Employees Retirement System (CalPERS) offers a defined benefit retirement plan. It provides benefits based on members’ years of service, age, and final compensation. In addition, ...