California Public Employees' Retirement System

The California Public Employees’ Retirement System (CalPERS) is the nation’s largest public pension fund in providing retirement and health benefits to public employees, retirees, and their families and employers.

CalPERS is about people. It is about the dedicated individuals who serve, or have served, the State of California through a career in public service. For more than eight decades, CalPERS has built retirement and health security for these public servants. As the nation’s largest public pension fund, we ensure that our members' benefits and earned retirements are as enduring as the state they maintain.

To support our members, we also invest in the health and infrastructure of the Golden State itself – building portfolios that bolster local business and funding enterprises that directly influence and stimulate our state economy. For us, expert investing is the technical side of caring. Coupled with an unwavering commitment to retirement security and wellness, we help create equity in the future…for generations to come.

Our pension fund serves more than 1.9 million members in the CalPERS retirement system and administers benefits for 1.4 million members and their families in our health program.