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The Public Employees’ Retirement System of Nevada — better known as PERS — is now backing a bill in the state Legislature to establish a mechanism that allows them to recoup the delinquent ...
But the arrangement did not work for CalPERS, the state agency that manages California’s largest public employee retirement fund. CalPERS claimed that Sandhu violated the California Public ...
The transparency around public benefits is the result of a long-ago court battle between Oregon PERS and The Oregonian, joined by the Statesman Journal in Salem. PERS benefits for individual ...
Lt. Gov. Delbert Hosemann insists on reforming the Public Employment Retirement System (PERS) before considering tax cuts, while House Speaker Jason White prioritizes increasing PERS funding.
At the end of the past fiscal year, PERS’ unfunded liability topped $20 billion. The plan is less than 76 percent funded despite strong stock market returns. Contribution rates are scheduled to ...
Democratic lawmakers and environmentalists are calling on the Oregon Treasury to pause new pension investments into private assets and private equity funds invested in fossil fuel companies and ...
CalPERS plans to increase its investments in private equity and private credit by 20% so that it represents 40% of its portfolio. This increase comes at the cost of reducing public equity and ...
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