CalPERS posts 5.8% Gain
Posted on 07/24/2023
CalPERS reported a 5.8% gain in FY 2023, a major improvement over last year’s 6% loss but still short of the 6.8% target. CalPERS nevertheless is happy with the turnaround. CalPERS now boasts assets of US$ 462.8 billion and is 72% funded. CalPERS has 2 million members. The breakdown is as follows: 38% School Members,…
