John Seiler: One thing we've written a lot about here on CalWatchDog.com is that CalPERS' expectation of 7.75 percent average annual gains on its funds is unrealistic. CalPERS finally admitted it -- sort of (not really): The California Public Employees’ Retirement System will be hard-pressed...
Posts Tagged ‘Joe Dear’CalPERS: 7.75% Gain Unrealistic?Thursday, September 29th, 2011 |