Day: June 1, 2018

When CALPERS Owns Your City

June 1, 2018

First some history. CALPERS (California Public Employees Retirement System) is for civil service (Union) employees at state, county and local levels; excluding teachers as they have a separate pension provider.  California also has one of the most generous pension formulas in the entire country, even with the recent changes enacted by Supreme Ayatollah Jerry Brown. […]

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