Stephanie Hunt lights a Marlboro cigarette while posing for photos at a Smoker Friendly shop in Pittsburgh. Through outside investment managers, CalPERS has money in tobacco and other “sinvestments.”
Stephanie Hunt lights a Marlboro cigarette while posing for photos at a Smoker Friendly shop in Pittsburgh. Through outside investment managers, CalPERS has money in tobacco and other “sinvestments.” Gene J. Puskar AP
Stephanie Hunt lights a Marlboro cigarette while posing for photos at a Smoker Friendly shop in Pittsburgh. Through outside investment managers, CalPERS has money in tobacco and other “sinvestments.” Gene J. Puskar AP

The State Worker

Chronicling civil-service life for California state workers

The State Worker

April 05, 2016 11:15 AM

How far should CalPERS go to make profitable investments?

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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.

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