Business & Real Estate

CalPERS hires two lobbying firms in Washington, D.C.

CalPERS said this week it has hired two lobbying firms to represent the big pension fund in Washington, D.C. as it continues to split up a contract that previously belonged to one firm.

The California Public Employees’ Retirement System hired jointly the Lussier Group and Williams & Jensen to lobby on retirement policy issues. K&L Gates, an international law firm, was hired to represent CalPERS on investment and financial-market issues.

Until now, the Lussier Group, based in Alexandria, Va., had done all of CalPERS’ lobbying work in Washington.

CalPERS hired a third lobbying firm in November to handle health care-related issues, a joint venture between Avenue Solutions and Jennings Policy Strategies.

“Having three separate and focused representatives broadens our reach and ability to influence outcomes,” said Anne Stausboll, CalPERS’ chief executive in a prepared statement.

The hiring is subject to negotiating final contracts; terms haven’t been established yet.

Call The Bee’s Dale Kasler, (916) 321-1066. Follow him on Twitter @dakasler.