Acting on the discount rate, asset allocation, and amortization, CalPERS has built a solid path forward for the long-term future of the fund.
We have provided retirement security for California’s public employees for more than 85 years. Through good times and bad, CalPERS has been a strong, reliable presence in our members’ lives. Our $21 billion in annual beneft payments help fuel economic activity across the Golden State.
How We’ve Strengthened the Fund