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Lockdowns Have Pushed Government Pensions Over the Edge

COMMENT: Facing a vicious circle of conflicting demands and priorities, the California Public Employees Retirement System is turning to debt – a risky scheme to [...]

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BRICS, Real Estate, & Pensions

QUESTION: Dear Amstrong, Thank you for all the training you have been teaching us for years. Even though I have gone through 3 universities and have special titles [...]

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CalPERS – Buying the High in Bonds? Oh Boy.

CalPERS, California Pension Plan for government workers, is adopting policies that demonstrate that they are incapable of managing money. They cannot handle the [...]

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CalPERS Posts Gain of Just 2.4%

CalPERS (California Public Employees’ Retirement System) posted a profit of just 2.4% for its fiscal year (which ended on June 30) that was well below its [...]

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