CalPERS posts 5.8% Gain

Posted on 07/24/2023

CalPERS reported a 5.8% gain in FY 2023, a major improvement over last year’s 6% loss but still short of the 6.8% target. CalPERS nevertheless is happy with the turnaround. CalPERS now boasts assets of US$ 462.8 billion and is 72% funded. CalPERS has 2 million members. The breakdown is as follows: 38% School Members,…

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