CALPERS issued a press release announcing their intention to invest in infrastructure projects in California: http://www.bizjournals.com/sacramento/news/2011/09/13/calpers-plans-infrastructure-investments.html
Since no other information was provided in the release, I believe a person is justified in wondering if the announcement isn’t just spin for a State raid of the California Public Employee Retirement System fund.
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Filed under: Placer County Water Agency Tagged: | pension, PERS
