California's Public Employees Retirement System Just Lost A Stunning $69 Billion In One Month
In what is likely to become a trend around the country, California's Public Employees Retirement System just watched $69 billion go up in smoke as the coronavirus panic has gripped global markets.
CALPERS total fund balance is now about $335 billion, down from a record high of $404 billion only one month ago. CALPERS administers pensions for about 1,500 local governments around the...
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