Pensions for all
LATimes.com
May 13, 2008

A state bill wants to create CalPERS-managed portable retirement plans for private-sector employees. Read more...

Bill would order CalPERS to offer IRAs
SFGate.com
Kathlen Pender
Sunday, April 13, 2008

A bill in the state Assembly would require the California Public Employees' Retirement System, the mammoth pension fund for government workers, to offer individual retirement accounts for private-sector employees. Read more...

Editorial: Intriguing idea: CalPERS for private savers
The Sacramento Bee
Published 12:00 am PDT Sunday, April 13, 2008

The state taxes all of us, private- and public-sector workers and businesses, pay fuel the massive $242 billion California Public Employee Retirement System. But private-sector workers and their employers don't derive any direct benefit from the system. The investment and money management expertise and market power the state's retirement system wields accrues almost exclusively to the benefit of state and local government workers whose pensions Cal-PERS safeguards and funds. Read more...

Governor: Open CalPERS doors
He touts pension bill letting private sector join the state system.
The Sacramento Bee
By John Hill
Published 12:00 am PDT Wednesday, April 9, 2008

Gov. Arnold Schwarzenegger threw his political heft Tuesday behind a new proposal to open the California Public Employees' Retirement System to private sector businesses and workers to encourage Californians to save more for retirement. Read more...

Bill would have Calpers manage private-sector IRAs
Forbes.com
04.08.08, 7:28 PM ET

United States - SAN FRANCISCO (Reuters) - The biggest U.S. public pension fund would administer individual retirement accounts, best known as IRAs, for private-sector employees under a bill unveiled Tuesday by California Gov. Arnold Schwarzenegger and a top state lawmaker. Read more...