The California Public Employees’ Retirement System, the largest U.S. public pension fund, earned a return of 0.6 percent on its investments last fiscal year, trailing its long-term target as holdings in stocks and forestland lost money. <a href="http://www.mercurynews.com/ci_30141500/calpers-earns-0-6-returns-trail-funds-target">Read more about this topic.</a> (George Russell – Special to Marin Independent Journal)
