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.