CalPERS just had one of its best years in a decade. Why it matters to taxpayers

CalPERS just had one of its best years in a decade. Why it matters to taxpayers
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The state Public Employees' Retirement System (CalPERS) logo at the regional office in Sacramento.(Rahul Lal / CalMatters) California’s largest public pension fund just had a banner year, riding a soaring stock market to record its second consecutive double-digit annual investment return.The Ca...