CalPERS just had one of its best years in a decade. Why it matters to taxpayers

CalMatters reports that California's pension fund, CalPERS, delivered one of its best investment years in a decade for the twenty twenty-five to twenty-six fiscal year, beating its performance targets. Strong returns mean government agencies and taxpayers won't need to contribute extra funds to cover pension shortfalls.

Listen to this story

Hear this and more stories in a personalized audio briefing.

Open The Chonkerton