The California Public Employees' Retirement System (CalPERS) is an agency in the California executive branch that "manages pension and health benefits for more than 1.5 million California public employees, retirees, and their families". In fiscal year 2020–21, CalPERS paid over $27.4 billion in retirement benefits, and over $9.74 billion in health benefits.
CalPERS headquarters at Lincoln Plaza in Sacramento
California executive branch
The California executive branch consists of elected officers and other offices and officers. The elected executive officers are:
Gavin Newsom (D) Governor
Eleni Kounalakis (D) Lieutenant Governor
Shirley Weber (D) Secretary of State
Fiona Ma (D) State Treasurer