California Public Employees’ Retirement System

California Public Employees’ Retirement System
 Large, public retirement fund.
 ► “The California Public Employees’ Retirement System (CALPERS) has expanded its feared yet respected corporate governance programs. Now, it will examine the quality of individual company directors and monitor 6 times as many companies.” (Pensions & Investments, Aug. 21, 1995, p. 2)

American business jargon. 2014.

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