For more than nine decades, CalPERS has built retirement and health security for state, school, and public agency members who invest their lifework in public service. With a total fund market value of approximately $556 billion, our pension fund serves more than 2 million members in the CalPERS retirement system and administers benefits for more than 1.5 million members and their families in our health program, making us the largest defined-benefit public pension in the U.S.
https://www.calpers.ca.gov/