calpers http://kvpr.org en CalPERS Investment Return Way Short of Projections http://kvpr.org/post/calpers-investment-return-way-short-projections <p>CalPERS barely earned any money at all during the fiscal year that ended June 30th. The nation’s largest public pension fund announced a one-percent return on investment today. </P> <p>The California Public Employees Retirement System’s one percent return is nowhere near its projection of seven-and-a-half percent. It’s even below the California State Teachers Retirement System, which earned a one-point-eight percent return.</p> Tue, 17 Jul 2012 00:44:12 +0000 Ben Adler 389 at http://kvpr.org