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  • Agenda Item 5 Asset Allocation Performance Risk - Ars Equity Beta Overlay Attachment 1 Calpers

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Attachment 1, Page 1 of 11 California Public Employees Retirement System Investment Office P.O. Box 2749 Sacramento, CA 958122749 TTY: (877) 2497442 (916) 7953400 phone www.calpers.ca.gov Agenda Item.

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COLA is an annual cost-of-living increase that begins the second calendar year after retirement and helps your retirement benefit keep up with the rate of inflation. Eligible retirees, including survivors and beneficiaries who receive a monthly benefit, receive COLA on their May 1 retirement check.

The Investment Office invests and manages CalPERS assets. The portfolio invests in stocks, bonds, real estate, private equity, inflation-linked assets, and other public and private investment vehicles. Our goal is to generate total returns on a long-term basis while managing risk.

In California, current and retired employees covered by CalPERS, CalSTRS and other public-sector pension plans have some of the nation's best protection against such downturns.

CalPERS current fund balance value as of June 2021 is 466.66 Billion.

Based on the results of the funding valuations as of June 30, 2021, the overall funded ratio of the PERF was about 81% and the estimated PERF funded ratios of June 30, 2022 is 72%.

Over time, CalPERS expanded this program with CEV II, CEV III and CEV IV and the program's charter was broadened to include the full range of private equity funds. The table shows fund performance information for Grove Street Advisors as of June 30, 2022.

Our fiscal year investment net return was -6.1% for FY 2021-22, which was driven primarily by the downturn of the public markets that account for 79% of CalPERS' total fund. Our net position stood at $439.4 billion as of June 30, 2022.

Over the last 40 years (1983-2022), the inflation rate has averaged 2.82% and the long term (1965-2022) inflation rate has averaged 4.02%. The 8% inflation rate this year will be used in calculating the 2023 COLA for CalPERS retirees and will be reflected on your May 1, 2023, retirement checks.

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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232