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Headlines

CalPERS loses $69 billion in biggest market losses since Great Recession

March 23, 2020July 17, 2021

The pot of invested money used to pay for hundreds of thousands of California public employee pensions has shrunk by $69 billion as coronavirus has squeezed global markets.

The California Public Employees’ Retirement System’s fund balance stood about $335 billion Thursday, down from a record high of $404 billion one month ago, according to CalPERS officials.

For the full story, visit SacBee.com/News/Politics-Government.

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  • Events
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  • About Us
    • About Sac Cultural Hub
      • Our Mission
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      • Founders Room
      • Media Foundation
    • Programs and Events
      • Big Day of Giving
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      • Celebrate Women’s History Month
    • Merchandise
      • COVID19 – Resources
      • EWOC T-shirts
      • Order Pleshette My Story
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