According to news reports, CalPERS is now increasing its target allocation to private equity from 13% of its portfolio to 17%. Its actual private equity assets is currently some 18% of its portfolio ...

A proposed agreement between the Solano County Sheriff's Department and the City of Vallejo to cover about half of the city's ...

Some cities have seen fourfold increases in their retirement contributions, while others have seen them double and triple.

For decades, 401 (k) portfolios benefited from a tailwind of falling interest rates and rising equity prices. But today’s higher-rate environment and volatile equity returns mean that simply riding ...

Why, pray tell, would the nation’s biggest public pension fund that also runs its own health insurance program hire a general ...

An audit performed by a consulting firm found no fraud or attempts at fraud had been made by City of Lodi employees, despite a former city manager's claims earlier this year. The City of Lodi released ...

California’s largest public employee pension fund recovered from a spring stock market plunge and notched its second-best investment return in a decade, at least temporarily easing concerns about econ ...

The City Council on Tuesday, July 16, approved a compensation package for new City Manager Ben Martinez, including a $220,000 ...

CVS Health has secured a major healthcare deal, winning a multi-year pharmacy benefits contract with CalPERS, outbidding rival UnitedHealth. The deal marks a significant win for CVS's Caremark unit ...

Among employers with 500 or more workers, 51% said they planned to increase cost-sharing in 2026, including raising deductibles and maximum out-of-pocket costs for workers ...

Record contributions from public employers made up for below-expectation investment returns, according to a report published ...

Premium rates for CalPERS’ basic health care plans will increase on average 7.8% for state workers and their beneficiaries in ...