Marcie Frost, CEO of CalPERS, at the regional office in Sacramento on June 26, 2023. Photo by Rahul Lal for CalMatters CalPERS Chief Executive Marcie Frost snared her first seven-figure bonus, a milestone that follows a period of leadership stability and high investment returns at the nation’s largest state pension fund. The California Public Employees’ Retirement System board awarded a $1.15 m...
Sep 25, 2026
A California Supreme Court decision three years ago was supposed to be the final word on former Gov. Jerry Brown’s marquee pension limit law, but judges are still sorting it out — and making decisions that could mean thousands of dollars a year to government retirees. Last week a state appeals court affirmed a Ventura County Employees’ Retirement Association’s decision undoing a perk that ha...
May 23, 2025
