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CalPERS manages the largest public pension fund in the United States, with more than $469 billion in assets under management as of June 30, 2021. [7] CalPERS is known for its shareholder activism; stocks placed on its "Focus List" may perform better than other stocks, which has given rise to the term "CalPERS effect". [8]
About 6,000 state workers retired in January through September of this year, according to a Bee review of the most recent data from CalPERS. That’s down from about 6,900 retirements in the first ...
The Los Angeles County Employees Retirement Association (LACERA) is an independent Los Angeles County agency that administers and manages the retirement fund for the County and outside Districts (Little Lake Cemetery District, Local Agency Formation Commission for the County of Los Angeles, Los Angeles County Office of Education, and South Coast Air Quality Management District). [3]
This list of largest pension funds in the United States involves two main groups: government pension funds for public employees and collectively bargained pension funds, jointly managed between employer and employee representatives after the Taft-Hartley Act of 1947.
Fewer state workers retired in 2023 than in any of the previous five years, new data show. ... when 12,500 state workers applied for retirement status with CalPERS.
Nearly 400 workers earn more than $100,000 a year, according to county data. Twenty earn $200,000 or more and one — County Manager Dena Diorio — earns more than $300,000.
The California Department of Human Resources (CalHR) is the California government agency responsible for human resource management of state employees, including issues related to salaries and benefits, job classifications, training, and recruitment.
The CalPERS Board of Administration approved new restrictions Tuesday on how long retired public employees may work without giving up pension payments. ... according to data from a 2019 CalPERS audit.