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California Retirement Benefits

Governor Announces Dramatic Cuts To California's Retirement Benefits

AP | JUDY LIN | Posted 10.28.2012 | San Francisco

SACRAMENTO, Calif. — With election politics in play, Gov. Jerry Brown on Tuesday announced systemic reforms to save billions of dollars in Calif...

Bad News For California Retirees

AP | JUDY LIN | Posted 09.15.2012 | San Francisco

SACRAMENTO, Calif. — The nation's largest public pension fund collected a dismal 1 percent annual return on its investments, a figure far short ...

California May Introduce Sweeping Cuts To Retirement Benefits

AP | ELLIOT SPAGAT | Posted 08.05.2012 | San Francisco

SAN DIEGO — Early returns show voters overwhelmingly approving measures to cut benefits for government workers in two major California cities. ...

'Implementing This In One Fell Swoop Would Be Devastating For Us'

AP | By JUDY LIN | Posted 05.14.2012 | San Francisco

SACRAMENTO, Calif. -- The nation's largest public pension fund lowered its forecast Wednesday for investment returns and asked the state of California...

California Pension Funds Grow To Highest Level Since Recession

AP | ADAM WEINTRAUB | Posted 09.17.2011 | San Francisco

SACRAMENTO, Calif. — California's two largest public pension funds posted their highest investment returns since before the recession, with each...