"A Spectacular Breach Of Trust" - Former CalPERS CEO Sentenced To Prison For Bribery

http://www.zerohedge.com/news/2016-06-01/spectacular-breach-trust-former-calpers-ceo-sentenced-prison-years-bribery

California Pension May Ask for 50% Boost to Close Gap

If you're a Californian, it is time to consider moving.

http://www.bloomberg.com/news/2013-04-16/california-pension-may-ask-for-50-boost-to-close-gap.html

Former CEO Of Calpers Indicted On Financial Fraud Scheme Charges

And the hits (or $hits) just keep on comin'...and another reminder that crime does pay--as long as you work on Wall Street.

http://www.zerohedge.com/news/2013-03-18/former-ceo-calpers-charged-financial-fraud

Calpers triggers legal fight with bankrupt San Bernardino over pension debt

Good luck with that.  CalPERS is suing a bankrupt San Bernardino to recoup millions in halted pension payments.  Um, San Bernardino filed for bankruptcy--they're broke, but I'm sure Wall Street bankers will try to squeeze blood from a turnip.

http://www.reuters.com/article/2012/11/28/us-usa-debt-sanbernardino-idUSBRE8AR09120121128

CalPERS wants $600 million more from California

This should be interesting, given the state of California is already $20 billion in the red.

http://finance.yahoo.com/news/Calif-pension-fund-asks-state-apf-4082852351.html?x=0&sec=topStories&pos=3&asset=e82f9073363b73a971493bb04ecdda60&ccode=mp