New CalPERS leaders don’t trust each other. Will their feud hurt members?

On March 19, new CalPERS board member Margaret Brown drew attention to discipline she experienced for allowing a friend to use CalPERS equipment for political purposes by asking whether she would be arrested for attending the pension fund's meeting.
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On March 19, new CalPERS board member Margaret Brown drew attention to discipline she experienced for allowing a friend to use CalPERS equipment for political purposes by asking whether she would be arrested for attending the pension fund's meeting.

The State Worker

Chronicling civil-service life for California state workers

CalPERS hired a CEO without a college degree. Now the public pension fund is explaining why

September 13, 2018 11:49 AM

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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.