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  • California's pension agency sees money in water storage

    CalPERS tries to make a splash with water bank investment north of Los Angeles.

CalPERS tries to make a splash with water bank investment north of Los Angeles. Dale Kasler The Sacramento Bee
CalPERS tries to make a splash with water bank investment north of Los Angeles. Dale Kasler The Sacramento Bee

The State Worker

Chronicling civil-service life for California state workers

Chasing higher returns, public pension funds spent $10 billion on investment fees in 2014

April 13, 2017 3:46 PM

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The Sacramento Bee launched The State Worker blog in 2008 to cover state government from the perspective of California government employees. Every day The Bee filters the news through a single question: "What does this mean for state workers?" Subscribe to alerts on state pay, benefits, pensions, contracts and jobs at sacbee.com/newsletters. Twitter: @TheStateWorker.