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The California Public Employees' Retirement System (CalPERS) is an agency in the California executive branch that "manages pension and health benefits for more than 1.5 million California public employees, retirees, and their families". [3][4] In fiscal year 2020–21, CalPERS paid over $27.4 billion in retirement benefits, [5] and over $9.74 ...
CalHR director Eraina Ortega, who is a CalPERS board member, has said departments often rely on the annuitants to provide limited help with things like long-running lawsuits or highly technical ...
J. J. Jelincic. Joseph John Jelincic Jr. (born October 5, 1948) is an American member of the California Public Employees' Retirement System (CalPERS) Board and is the past president of the California State Employees Association (CSEA), a labor group representing 140,000 active and retired state employees. A rank-and-file investment officer for ...
CalPERS will be the next stop in a nearly 40-year career for Gilmore. He most recently served as the chief investment officer of the New Zealand Superannuation Fund, a government-owned fund valued ...
“CalPERS members deserve the opportunity to speak directly to the Board about this breach” writes Sacramento resident Dev Berger.
The board sets and enforces rules for state civil service appointments and exams, and maintains a staff of administrative law judges to resolve various human resources issues, such as whistleblower complaints, disability and medical condition discrimination complaints including reasonable accommodation denials and appeals from unfavorable human resources decisions (e.g. reprimand, salary ...
CalPERS is the largest public pension system in the U.S., providing pensions for about 2.1 million state and local government employees, retirees and beneficiaries. The system’s investment ...
After the Great Recession, in 2009 CalPERS investments lost 24%, dropping $67 billion in value. Chairman Crist retired from the board and it was later revealed he had accepted more than $800,000 from a firm to ensure hundreds of millions of investment from CalPERS. This CalPERS mess was one of the factors that made Gray Davis get recalled.
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