Investments and Pensions
Controller Betty Yee is a member of the California Public Employees’ Retirement System (CalPERS) and the California State Teachers’ Retirement System (CalSTRS) Boards, the two largest public pension systems in the nation. These two pension funds have a combined portfolio of more than $570 billion and responsibility for retirement income security of 2.7 million Californians. As a board member, Controller Yee is focused on delivering promised retirement and health benefits for members while keeping the pension systems on sound fiscal footing. Also a member of the California Secure Choice Retirement Savings Board, Controller Yee encourages greater retirement savings for millions of private-sector employees who lack access to employer-sponsored retirement plans. She is dedicated to addressing the escalating costs of retiree health care and long-term care, income inequalities, and other cost pressures in retirement such as housing.
Resources
- Prepare for a Secure Retirement
- Public Employee Pension Data
- U.S Department of Labor Retirement Plans, Benefits and Savings
- Social Security Administration
- Video: California Drought - Tackling Water Risks for Agriculture and Apparel, August 10, 2021
- Video: Financing the 2030 Agenda
- December 21, 2020, Letter to Securities and Exchange Commission on Nasdaq’s Diversity Initiative
- September 2, 2020, Letter to Henry Jones, CalPERS Board Chair
- Press Release: Controller Yee Updates State Retiree Health Care Liability
- Press Release: Controller Yee Calls on CA Pension Funds to Address Excessive Executive Pay
- Press Release: CA Controller Yee Appointed to Ceres Board
- Press Release: Controller Yee Applauds CalPERS’ Updated Global Governance Strategy
