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Internet Case: Public Employee Retirement System

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8–1. Internet Case—CalPERS. While the examples in this chapter have focused on a single-employer plan, many states operate statewide plans, referred to as Public Employee Retirement Systems (PERS), to which multiple employers contribute. One of the largest PERS plans in the nation is operated in the State of California. Required to answer the following questions use the Web site found at www.calpers.ca.gov. The answers to the questions can be found in CalPERS’s annual report or in the general information section provided on the site. a. When was CalPERS established? In 1932 CalPERS was in working manner, however it was established by state law in 1931 b. What types of employers contribute to CalPERS? CalPERS, includes employers for state

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