CalPERS just had one of its best years in a decade. Why it matters to taxpayers
CalPERS' investment returns are important markers because they determine whether government agencies, and taxpayers, have to kick in extra
CalPERS' investment returns are important markers because they determine whether government agencies, and taxpayers, have to kick in extra money to cover losses at the pension fund. It eclipsed its target in 2025-26.
Original reporting: CalMatters.
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