Acting on the discount rate, asset allocation, and amortization, CalPERS has built a solid path forward for the long-term future of the fund.
We have provided retirement security for California’s public employees for more than 85 years. Through good times and bad, CalPERS has been a strong, reliable presence in our members’ lives. Our $21 billion in annual beneft payments help fuel economic activity across the Golden State.
How We’ve Strengthened the Fund
Over the past few years, we’ve adopted strong measures to ensure the long-term future of the CalPERS fund so that we can pay the benefts our members have earned after a career in public service.