Tag Archive: Pension

CalPERS dismal 1% return

passiveinvestor.com money tree

A few days ago CalPERS came out and said that the last 12 month the pension fund only made get this a whole 1% return, WOW. What is CalPERS? CALifornia Public Employee Pension System.They are the largest pension system in the country with 233 billion under management for about 1.6 million public employees. CalPERS runs …

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