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The California Public Employees' Retirement System (CalPERS) has released two new videos and a written commentary that respond to recent media criticism and mischaracterization of CalPERS' one-year investment returns and the Pension Fund's long-term sustainability.
The videos, featuring Rob Feckner, president of the CalPERS Board of Administration, and Wylie Tollette, CalPERS chief operating investment officer, can be accessed from the CalPERS Newsroom or the CalPERS YouTube channel.
- View video featuring Rob Feckner, president of the CalPERS Board of Administration.
- View video featuring Wylie Tollette, CalPERS chief operating investment officer.
Feckner also responded in a written commentary published in the Sacramento Bee and posted on CalPERS' For the Record blog.
For more than eight decades, CalPERS has built retirement and health security for state, school, and public agency members who invest their lifework in public service. Our pension fund serves more than 1.8 million members in the CalPERS retirement system and administers benefits for more than 1.4 million members and their families in our health program, making us the largest defined-benefit public pension in the U.S. CalPERS' total fund market value currently stands at approximately $302 billion. For more information, visit www.calpers.ca.gov.
