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CalPERS also is applying the new definition of limited duration to out-of-class assignments, in which employees temporarily fill higher-paid roles and may receive larger pensions as a result.
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]
The losses follow a year of historic gains in 2021, when CalPERS earned 21.3% on its investments and public pensions. Public market investments make up 79% of CalPERS’ portfolio, the system said ...
YouTube (formerly YouTube Spotlight) is the official YouTube channel for the American video-sharing platform YouTube, spotlighting videos and events on the platform. Events shown on the channel include YouTube Comedy Week and the YouTube Music Awards .
YouTube announced that cumulative views of videos related to Minecraft, some of which had been on the platform as early as 2009, exceeded 1 trillion views on December 14, 2021, and was the most-watched video game content on the site.
Psy's video remained the most-liked on YouTube for nearly four years until August 27, 2016, when Wiz Khalifa's "See You Again" featuring Charlie Puth surpassed it with 11.21 million likes. Less than a year later, on July 25, 2017, Luis Fonsi 's " Despacito " featuring Daddy Yankee claimed the top spot with 16.01 million likes.
Most Exxon stockholders voted to retain CEO Darren Woods and 12 other current directors on the oil giant’s board, rejecting a revolt organized by the nation's biggest public pension fund.
Jawed Karim was born on October 28, 1979, in Merseburg, East Germany, to a Bangladeshi father and a German mother. [4] His father Naimul Karim (Bengali: নাইমুল করিম) is a Bangladeshi who is a researcher at 3M, and his mother, Christine, is a German biochemistry scientist at the University of Minnesota. [5]