California Public Employees' Retirement System
Public Pension Fund · United States
California Public Employees' Retirement System (CalPERS) administers retirement and health benefits for California public employees, retirees and their families. Headquartered in Sacramento, it operates a defined benefit pension system funded by member and employer contributions and investment earnings. Its investment program seeks long-term returns at an appropriate level of risk to support pension obligations, with investments across public equity, fixed income, private equity, private debt, real estate and infrastructure.
- Founded
- 1932
- Last reviewed
- 24/10/2026
Amounts are as reported and may reflect different reporting dates and measurement definitions. Read our methodology.
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