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Tuesday, July 17, 2012

CALPERS reports dismal earnings on investments | PressDemocrat.com

CALPERS reports dismal earnings on investments | PressDemocrat.com
The nation's largest public pension fund collected a dismal 1 percent annual return on its investments, a figure far short of projections that will likely bring pressure on California's state and local governments to contribute more money, officials said Monday.

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