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

Also opposed was California Public Employees’ Retirement System, or CalPERS, the largest pension fund in the United States.

From New York Times

CalPERS, which opposed the package in 2018, said it will discuss the matter with Tesla “in the coming days.”

From Seattle Times

They include Norway’s huge sovereign wealth fund, and CalPERS, the California pension fund, both of which strongly oppose Exxon’s attempt to quiet some of its most vocal climate critics.

From New York Times

Now the big shoe has dropped: CalPERS, the largest public pension fund in the nation, announced Monday that it will vote against all 12 Exxon Mobil board members, including CEO Darren Woods, at the May 29 annual meeting.

From Los Angeles Times

CalPERS says it’s acting because it judges the company’s campaign against the two investor groups to be “designed to punish” investors who “dared to speak truth to power.”

From Los Angeles Times