CalPERS

Definition:

CalPERS is the California Public Employees’ Retirement System. The 4th largest pension fund in the world, and the largest in the U.S., CalPERS has long been a highly influential leader among institutional investors.

As of August 2009, CalPERS reported:

  • $190 billion in assets
  • 2,000 employees
  • 1.6 million benficiaries

Also Known As: California Public Employees’ Retirement SystemAlternate Spellings: CALPERS, CalpersExamples: CalPERS is the 4th largest pension fund in the world, the largest in the U.S., and a recognized leader among institutional investors.

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