News Archives

CalPERS Fiscal Returns Are In

Posted 30 days ago ago by Jamee Villa    0 Comments  0 Likes Like Dislike

Valued Stakeholders - CalPERS today reported a preliminary 4.7% net return on investments for the 12-month period that ended June 30, 2020. CalPERS assets at the end of the fiscal year stood at more than $389 billion.
Individual asset class returns included Fixed Income, which generated a 12.5% net return, followed by Real Assets and Public Equity net returns of 4.6% and 0.6%, respectively. Despite significant market volatility which included assets under management declining by an estimated $70 billion in late February and March, the CalPERS’ Public Employee Retirement Fund (PERF) was able to recover nearly all of that value by the end of June.
Based on these preliminary fiscal year returns, the funded status of the overall PERF is an estimated 70%. This estimate is based on a 7% discount rate.

No Comments



You need to login to comment.

CSR is the largest, most experienced organization exclusively representing state government retirees!

 

Find Us

California State Retirees
3000 Advantage Way Sacramento, CA 95834

Contact Us

888.808.7197
916.326.4292
csrinfo@calretirees.org
Fax 916.326.4201

Follow Us

 
 

Hear From Us