California taxpayers are on the hook for paying any shortfall in retirement benefits that investments don’t cover.

Calpers' investment chief has added his voice ... The half-trillion dollar pension fund, which invests the retirement savings of firefighters, police and other public workers in California ...

Or perhaps you do not know much about your retirement savings account options beyond the 401(k) plan offered by your employer — and have ended up just defaulting to that. In either case ...

And it worked for Sandhu who, after a few months of arduous work each year, returned to his retirement with a little extra cash. But the arrangement did not work for CalPERS, the state agency that ...

San Jose, which has its own retirement system separate from CalPERS, is facing a roughly $45 million deficit. More than 15% of its $2.1 billion general fund goes to employee pensions. In a ...