Also known as California Public Employees' Retirement System, CalPERS
CalPERS is the California public-employee retirement system that reached a separate $125 million settlement with McGraw Hill Financial over ratings on three structured investment vehicles in 2015.
The CalPERS agreement was separate from the $1.375 billion federal-state settlement. The amounts should not be presented as one federal fine or a single investor-refund pool.
A settlement’s agreed facts trace how customer reactions affected rating-model changes, mortgage warnings accumulated and CDO ratings continued. The 2015 resolution joined a $1.375 billion federal-state payment with a separate CalPERS settlement.
Policy & official records
Curated library records that name California Public Employees’ Retirement System or connect through its linked research. The official source provides full scope and status.
No policy-library records are currently linked to this entity.