A previous CalPERS CEO went to prison for taking bribes. CalPERS is now illegally hiding the type of fees that generated those bribes.
Read more...The California public employees unions that have bizarrely made clear that they are firmly on the side of having CalPERS continue to be poorly run have gotten their way. Pro accountability, pro-transparency board member Margaret Brown, and Tiffany Emon-Moran, who was challenging incumbent and staunch staff David Miller, were both defeated in this year’s board […]
Read more...Why the proposed CalPERS long-term care insurance settlement has the look and feel of a con job.
Read more...A key fact in CalPERS’ long-term care debacle: the giant fund flagrantly violated the statute govening this progam.
Read more...An important CalPERS beneficiary group calls out the fund’s use of illegal, insecure, fraud-friendly internet and phone voting.
Read more...A CalPERS case study in “The cover up is worse than the crime,” Ben Meng edition.
Read more...Why David Miller deserves a special place in the CalPERS board member Hall of Shame.
Read more...CalPERS’ secret rmeeting after CIO Meng left in a huff shows how staff controls the board, here by falsely claiming internal sabotage.
Read more...Oops! CalPERS released nearly all of a transcript of a board meeting after Ben Meng’s resignation that it was fighting to keep secret.
Read more...Even commentary meant to be hard on CalPERS manages to understate how bad things are.
Read more...CalPERS can’t manage its way out of a paper bag.
Read more...CalPERS Board VP and Investment Committee chair Theresa Taylor has yet another put foot in mouth and chew incident.
Read more...Documenting yet another way public pensions funds lie to themselves and their many constituencies about their performance.
Read more...CalPERS is no longer being given the benefit of the doubt by the legislature, and can’t handle a request to ‘splain itself.
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