The State Worker

April 3, 2014

CalPERS says retiree benefits generate $30 billion in economic activity

The economic ripple of benefits paid to CalPERS’ retirees and their family members generated tens of billions of dollars in economic activity in fiscal 2011-12, the fund reported Tuesday, while CalPERS’ investments poured billions more into the state.

The State Worker

Jon Ortiz chronicles civil-service life for California state workers

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