California’s Public Pension Plans Boast 20 Percent Returns

California’s Public Pension Plans Boast 20 Percent Returns
A view of California Public Employees' Retirement System (CalPERS) headquarters in Sacramento, Calif., on Feb. 14, 2017. Max Whittaker/Reuters
Tim Shaler
Updated:
Commentary

Both of California’s large public pension plans posted returns of more than 20 percent during the 2020–21 fiscal year, which ended June 30.

Tim Shaler
Tim Shaler
Author
Tim Shaler is a professional investor and economist based in Southern California. He is a regular columnist for The Epoch Times, where he exclusively provides some of his original economic analysis.
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