Homework week 5

11/30/2012

Case 8 - 1

a. When was CalPERS established?

The California Public Employees' Retirement System (CalPERS) was established in 1931 and began its operations in 1932.

b. What types of employers contribute to CalPERS?

State and local government employers contribute to CalPERS along with state agencies, schools, California universities, counties, cities, special districts, auxiliary agencies, fire/police districts, and many other government entities.

c. How many individuals are served by CalPERS?

"CalPERS serves retirement and health benefits to ,067 million public employees, retirees, and their families and more than 3,000 employers'.

d. How many and what types of funds are administered by CalPERS?

17 funds are administered by CalPERS. Nine of...