Concerns About CalPERS

A fierce advocate for corporate reform, the nation's largest pension fund takes a softer approach to in-house change.

CAMPAIGN CONTRIBUTIONS

CalPERS supports an SEC ban on donations that money managers with state investment contracts make to elected officials. Other states go further.

PLACEMENT AGENTS

While other funds have stopped working with the middlemen, CalPERS is "neutral" on the matter.

BOARD OF DIRECTORS

The pension giant pushes companies to elect their boards each year, though most CalPERS board members serve four-year terms.

    Before it's here, it's on the Bloomberg Terminal.
    LEARN MORE