Read the Latest News from RPEA Leaders.
From the desk of Rosemary Knox, President:
RETIREES OPPOSE LENDING CALPERS TRUST FUNDS IN SECRET
From the desk of Al Darby:
Recent stock market gains have improved the funded status of CalPERS pension assets to approximately 78%. This is a welcome improvement after several years of weaker funded levels. Rating firms (Moodys, S&P and Fitch) consider public pensions healthy at 80% funded status. Striving for 100% funding remains the goal of any pension fund.
Al Darby, VP