(Bloomberg)— The California Public Employees’ Retirement System is set to vote next week on cutting benefits for a small group of retirees in what would be the second such move in the last four months ...

The California Public Employees’ Retirement System, once a benchmark of generous employer-sponsored health plans, is proposing to trim benefits for hundreds of thousands of its members in a bid to ...

Broadmoor Police Chief Dave Parenti sits at his desk in 2013. Mike Koozmin San Francisco Examiner The California Public Employees’ Retirement System is demanding that the former Police Chief of a ...

CVS Health's Caremark business signed a new pharmacy benefits contract with the California Public Employees' Retirement System, known as Calpers. The five-year contract provides outpatient drug ...

Federal and state officials are investigating allegations about possible wrongdoing involving CalPERS' awarding of a contract to pharmaceutical benefits manager Medco Health Solutions, the Los Angeles ...

Retired police officer Steve Landi complained to the California Public Employees’ Retirement System back in 2016 that his police chief was working full-time earning thousands a month while illegally ...

CalPERS is preparing to pay out roughly $800 million to settle claims that it misled retirees when it began offering long-term care insurance in the late 1990s and pledged it wouldn’t substantially ...

(Bloomberg) -- The California Public Employees’ Retirement System, the largest U.S. pension, had a 12.5% gain on investments for the fiscal year ended June 30 as global stock indexes rose to records.

A decision by Tarlochan Sandhu to seek part-time work as a local government consultant while collecting his pension from the California Employees’ Retirement System will likely cost him at least ...

The state retirement system has slashed the benefits of scores of top-paid local government officials as part of a review of overly generous public pensions prompted by the Bell scandal. Although the ...