CalPERS Outlines Key Economic Risks for Next Decade

Jan 16, 2020 - AI-CIO

Sitting at just 71% funded, the California Public Employees’ Retirement System (CalPERS) outlined in its December 21 Board of Administration meeting agenda the key challenges facing the system in order for it to hit the 100% funded sweet spot.

Declining interest rates, increasing profit margins less likely to repeat, and high valuations across domestic markets topped the list of challenges facing the pension program over the next 10 years. Slowing global economic growth, fewer opportunit...