CalPERS Website
Investment Returns Surpass Target for Third Straight Year
Business leaders wrong on PERS
The Greater Redding Chamber of Commerce, the Shasta Association of Realtors and the Shasta Builders' Exchange target city employees pay and benefits; citing concerns of whether or not City can afford to give it's employees such lavish benefits.
Executive Summary of Investment Performance
City of Redding will "save" $1.6 million in its annual payment to CalPERS Money to go back in General Fund; to be diverted to other projects.
City of Redding receives $1.3 million "CalPERS Rebate" City sinks the money into the new Civic Center