Public Pension Fund

(credit: Max Whittaker/Getty Images)

Lower Forecast Rejected For Calif. Pension Fund

Board members of the nation’s largest public pension fund on Tuesday rejected a proposal to reduce its forecast of future investment returns, avoiding the politically sensitive move of demanding more money from state or local governments this year.

03/15/2011

(credit: Max Whittaker/Getty Images)

Calif. Pension Fund May Reduce Investment Target

The nation’s largest public pension fund could make a small accounting change that would carry a large price tag for taxpayers when board members meet this week.

03/13/2011

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