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CalPERS Sues Former Employee Over Stolen Pension Money

Sponsored The California Public Employees’ Retirement System is suing a former employee who is accused of stealing more than $685,000 from the dormant pension accounts of 10 retirees, court filings show. The victims include a homeless retiree, CalPERS said in a court filing, as well as several who are under conservatorship, meaning a judge has appointed someone to oversee their financials due to mental or physical disability.   The $460 billion pension fund filed the suit in the California Superior Court in Sacramento on Friday, the court documents show. It is suing Gloria Najera, a 25-year veteran of CalPERS and former associate governmental program analyst, “to recover the stolen funds,” CalPERS said in the complaint.

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