One step forward, three steps back. That just about sums up how California’s public sector unions, which represent state and ...

The bill provides no new funding to cover these changes, despite creating billions in additional long-term pension obligations.” ...

President Donald Trump's ongoing reforms to the American retirement system are getting inspiration from Down Under. The Trump administration is working on an Australia-style retirement savings plan ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The proposed switch could affect ...

The California Public Employees' Retirement System — CalPERS, which manages roughly $556 billion for 2 million public employees — voted unanimously in November 2025 to scrap its Strategic Asset ...

Anton Orlich has been promoted to deputy chief investment officer for private markets for the California Public Employees’ Retirement System, the $621 billion pension plan announced. Orlich confirmed ...

Stephen Gilmore’s 40-year tour of global finance has given him a front-row seat to the Russian debt crisis, the bailout of a financial giant and the rise of sovereign wealth funds. It’s also taken him ...

The Arkansas Public Employees Retirement System's investments have rebounded in value to exceed $14 billion, investment officials told the system's board of trustees on Wednesday. This comes after the ...

A $1.4 million portfolio at a 3.5% yield generates roughly $49,000 annually, slightly exceeding the average CalPERS retirement benefit of $45,264. A blended 6% yield using holdings like O and MO ...

A new Investopedia analysis shows the average cost of a comfortable retirement in every state, along with the savings needed to afford it. Peter Gratton, Ph.D., is a New Orleans-based editor and ...

Clark Howard suggests that the calculators most people depend on for retirement planning deserve far more skepticism than they typically receive. Many calculators rely on default assumptions, making ...

CalMatters. Sign up for their newsletters. Public employees’ retirement security depends on the integrity of the California Public Employees' Retirement System (CalPERS). However, its CEO, Marcie ...