California public pension funds

• Petaluma, California (Reuters) - The biggest U.S. public pension fund will seek damages if it finds it has been hurt by the Libor scandal, its chief investment officer said on Monday.
(Reuters UK)
• The Milwaukee public school system, for example Benefit costs have soared even more than wages. The annual cost of funding pensions in Californias 20 largest municipalities has grown from $1.3 billion in 1999 to $5.
(Los Angeles Times)
• The chief judge of Delawares Court of Chancery, Leo Strine, encouraged the public pension funds from California and New York to investigate the allegations more thoroughly and find a way to work together.
(msnbc.com)
• The three-year return is 12.0 percent. CalSTRS, which ended the fiscal year on June 30 with $150.6 billion, is the nation's second largest public pension fund, beyond the California Public Employees' Pension System.
(The Business Journal)
• In April, a New York-based think-tank, Remapping Debate, examined how pension funds could use their enormous power to shape more sustainable investing practices.
(Minnpost.com)
• In March, Californias CalPERS Kopp said corporate and public pension plans are different entities that follow a different set of rules. Government plans, she said, operate on a much longer timeline.
(Baltimore Sun)
• Ohio Attorney General Mike DeWine is taking on JPMorgan Chase Co. JPMorgan Chase Co. Latest from The Business Journals Wells Fargo No. 1 in market cap Hines puts portfolio of California the state's public pension funds.
(The Business Journal)
• Next week, the city of 209,000 will learn annual returns of the California Public Employees' Retirement System still rebounding from the recession that ended in 2009.
(Bloomberg)