The California Public Employees’ Retirement System (CalPERS) is the nation’s largest public employee pension fund. CalPERS is also the second largest purchaser of healthcare in the country. Only Medicare is larger. The fund manages nearly $500 billion in assets. It serves more than 2 million members and families.
The California Public Employees’ Retirement System (CalPERS) is the nation’s largest public employee pension fund. CalPERS is also the second largest purchaser of healthcare in the country. Only Medicare is larger. The fund manages nearly $500 billion in assets. It serves more than 2 million members and families.