CalPERS passes fiscal

Jul 15th, 2013 | By | Category: Budget, Retirement

BudgetEgg[1],jpgI am thrilled to report that CalPERS had a 12.5% return for the 2012-2013 fiscal year.  CalSTRS got 13.8%.  The previous year CalPERS earned 1% and CalSTRS earned 1.8%.  As a current CalPERS retiree, that makes me very happy.  Just thought you might like to know.

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2 Comments to “CalPERS passes fiscal”

  1. torabora says:

    12.5 % + 1% does not equal the 14.5% CalPERS needs to be actuarially sound in the last two years. You should not be happy with this performance. This better is not good enough.