Take Two

News and culture through the lens of Southern California. Hosted by Alex Cohen & A Martínez

CalPERS faces lawsuit for misleading policyholders

by Take Two

38358 full
The nation's two largest public pension funds Monday reported double-digit annual returns from rising stock and real estate prices. The California Public Employees' Retirement System banked a 12.5 percent return and the California State Teachers' Retirement System earned 13.8 percent. (File photo: A sign stands in front of California Public Employees' Retirement System building in Sacramento, California). Max Whittaker/Getty Images
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