Pension Fund

Weapons surrendered during a gun buyback program on December 15, 2012 in San Francisco. (Justin Sullivan/Getty Images)

California Teachers’ Pension Fund Moves To Divest From Gun Makers

The nation’s largest teacher pension fund is taking the first step toward divesting from companies that manufacture guns and high-capacity ammunition magazines that are illegal in California.

01/09/2013

CalPERS

CalPERS Reports Dismal 1 Percent Return

The nation’s largest public pension fund reported a dismal 1 percent return on its investments, a figure far short of projections that will likely add pressure on California’s state and local governments to contribute more.

07/16/2012

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