Employee Relations 01/20/2011
CalPERS Reports 2010 Investments Gains
The California Public Employees’ Retirement System (CalPERS)
today reported a 12.5 percent net return on investments for 2010.
This is the second year in a row of double-digit returns and
CalPERS credits the gain to reducing portfolio leverage and
taking full advantage of the overall gains in the market last
As reported last month in The CSAC Bulletin, CalPERS approved a new asset allocation plan in December 2010; the system is scheduled to review its assumed rate of return for investments (currently 7.75 percent) early this year.
CalPERS Moves Forward to Fill Vacant Member-at-Large Seat on Board of Administration
CalPERS has posted the
names and contact information for the candidates in a special
election to fill a vacant member-at-large seat on the CalPERS
Board of Administration. Those eligible to vote are reitred
CalPERS members or members of CalPERS who are active as of March
Voting will begin on April 21 and end May 19, with the winning candidate being announced in late May.