California Public Safety Labor Blog: CalPERS Back in Black After Record-Breaking Investment Gains

Wednesday, May 1, 2013

CalPERS Back in Black After Record-Breaking Investment Gains

CalPERS has recovered more than $97 billion is value since the great recession battered its assets. CalPERS' investment portfolio recently reached $261.7 billion, breaking CalPERS' pre-recession record on $260.5 billion in October 2007. CalPERS still needs to grow to improve its funded status, but the returns are good news to public employees and employers.

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Mastagni Holstedt, APC is the premier law firm in California whose practice emphasizes representing public safety professionals and their labor associations, including criminal defense of public safety officers and 1983 actions. As a full-service law firm, we represent clients in a wide range of matters, including labor and employment law, contract negotiations, wage and hour litigation, personal injury, workers' compensation, disability retirement, Social Security disability appeals, and criminal defense.

Contributors

David E. Mastagni is a partner with Mastagni Holstedt who focuses on labor and employment law representation. He frequently lectures on POBR, FFBOR, critical incidents, and employee rights. Martindale-Hubble issued David the highest Peer Review Rating of “AV Preeminent” and was named to Super Lawyers.

Taylor Davies-Mahaffey is an Associate in the Labor & Employment Department of Mastagni Holstedt, A.P.C. She represents public safety employees in administrative and disciplinary investigations, hearings, critical incident investigations, and criminal defense matters. Prior to joining the firm, she was a deputy district attorney for Sacramento County.

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