Sunday, March 22, 2020

CalPERS Loses $69 Billion in Biggest Market Losses Since Great Recession

By A Texas Reader
Sun, Mar 22, 2020 2:55 p.m.
CalPERS loses $69 billion in biggest market losses since Great Recession

"CalPERS loses $69 billion in biggest market losses since Great Recession" InsuranceNewsNet

Mar. 22--The pot of invested money used to pay for hundreds of thousands of California public employee pensions has shrunk by $69 billion as coronavirus has squeezed global markets. The California ...

insurancenewsnet.com

ATR: Uh oh!

CalPERS is already technically insolvent.

Now more Californians will move to Texas and Californicate us!


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