Improve the CalPERS investment strategy to get a better rate of return for members paying into the system. This will secure the pension fund and provide public agencies the ability to give raises to their workers.
Renegotiate contracts with Wall Street firms that are gouging California's workers. CalPERS pays as much as five times more to these investment firms than it should. These sweetheart deals need to stop.
Recruit and retain the best and the brightest investment team to handle CalPERS money. We need to stop Wall Street firms from hiring them away from PERS.
Stop CalPERS Board Members from living the lifestyle of the rich and famous. They don't need to be traveling all over the world at the expense of CalPERS and taxpayers.