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  • CalPERS investment committee urged to divest tobacco holdings

    The CalPERS investment committee heard from the public, including Sandy Emerson, a representative of Fossil Free California, on May 16, 2016 before deciding to speed up a study on divesting from tobacco and other forbidden investments.

The CalPERS investment committee heard from the public, including Sandy Emerson, a representative of Fossil Free California, on May 16, 2016 before deciding to speed up a study on divesting from tobacco and other forbidden investments. jortiz@sacbee.com
The CalPERS investment committee heard from the public, including Sandy Emerson, a representative of Fossil Free California, on May 16, 2016 before deciding to speed up a study on divesting from tobacco and other forbidden investments. jortiz@sacbee.com

The State Worker

Chronicling civil-service life for California state workers

CalPERS speeds up deadline to debate tobacco investments

May 16, 2016 2:48 PM

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More Videos

California's public pension crisis is bad and getting worse 1:45

California's public pension crisis is bad and getting worse

Trump: Kneeling during national anthem 'disgraceful' 1:23

Trump: Kneeling during national anthem 'disgraceful'

Adorable preschoolers absolutely love this Rocklin firefighter's firefighting song 0:34

Adorable preschoolers absolutely love this Rocklin firefighter's firefighting song

'What are we going to do with people who no longer have a home?' 1:19

'What are we going to do with people who no longer have a home?'

See Oroville dam spillway shaping up as repairs continue and deadline looms 2:18

See Oroville dam spillway shaping up as repairs continue and deadline looms

Images from the Oakland Hills fire (October 19, 1991) 0:36

Images from the Oakland Hills fire (October 19, 1991)

Banned books that shaped American literature 2:08

Banned books that shaped American literature

How rookies Reuben Foster, C.J. Beathard, Solomon Thomas can make impact vs. Cowboys 1:21

How rookies Reuben Foster, C.J. Beathard, Solomon Thomas can make impact vs. Cowboys

Employee arrives at Santa Rosa country club to witness devastation 2:02

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Sacramento Kings Drumline engage fans before season opener 0:51

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  • California's public pension crisis is bad and getting worse

    California's two major public pension systems are underfunded and are asking local governments to pay more. Critics want to reduce benefits, while others say policymakers should allow time for recent changes to take hold.

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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.