calPERS

Or Cal·pers

[kal-purs]

1. California Public Employees' Retirement System.

Word History and Origins

Origin of calPERS¹

First recorded in 1990–95

Example Sentences

The new pay package was opposed by several proxy advisers and institutional investors including CalPERs, the New York City retirement systems, and Norges Bank Investment Management, which is the sixth largest institutional shareholder with a 1.2% stake.

Read more on The Wall Street Journal

Norway's sovereign wealth fund, the world's largest national wealth fund, has followed suit, as has the largest public pension fund in the US, CalPERS.

Read more on BBC

California asset manager Calpers opposes Elon Musk’s $1 trillion pay package, though analysts expect it to pass on November 6.

Read more on Barron's

California asset manager Calpers is opposing CEO Elon Musk’s $1 trillion pay package that Tesla shareholders are voting on, Bloomberg reported.

Read more on Barron's

Premiums at CalPERS, which provides insurance to more than 1.5 million of California’s active and retired public employees and family members, have risen about 31% since 2022.

Read more on Los Angeles Times