This gigantic mistake eventually led to the Public Employees’ Pension Reform Act of 2012, shepherded to passage by Gov. Jerry Brown. Though the reform mostly applied to new hires, its stricter rules ...

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 ...

Lawmakers should learn from their costly pension mistakes that paved the way for CalPERS to accrue over $160 billion in ...

Unions hope to allow firefighters and police to retire at 55, instead of 57, but California cities and counties have pension cost concerns.

CalPERS is seeking to discontinue benefits for tens of thousands of individuals that officials believe are mistakenly or fraudulently receiving health insurance through the pension fund, the ...

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 ...

CVS has won a new pharmacy benefit manager contract with one of the biggest healthcare buyers in the nation, the California Public Employees’ Retirement System. With the five-year contract award, CVS ...

CVS Health’s CVS-1.43%decrease; red down pointing triangle Caremark business signed a new pharmacy benefits contract with the California Public Employees’ Retirement System, known as Calpers. The five ...