Public Pension Fund

Lower Forecast Rejected For Calif. Pension FundBoard 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.
Calif. Pension Fund May Reduce Investment TargetThe 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.