At CalPERS we're committed to people — the people we serve, those who work here, and the larger community around us. As the nation's largest public pension fund and an organization with global impact, fostering an inclusive culture that welcomes diversity of thought, experience, and background is vital to what we do. We take our commitment to diversity, equity, and inclusion (DEI) seriously.

Di · ver · si · ty
The inherent and acquired qualities that make us unique as individuals.

Eq · ui · ty
Ensuring that access, resources, and opportunities are provided for all to succeed and grow.

In · clu · sion
A practice to maintain a positive environment where all individuals feel recognized and valued.


Because we’ve seen the difference that our DEI practices, which are designed to cultivate high-performing teams, can make on our customer service and financial bottom line.

Our Work

DEI Framework and Recent Accomplishments

Over the past two decades, we’ve refined our practices and enhanced our knowledge, and we’ll continue to do so in years to come.

In 2021, we sharpened our focus on DEI and developed a new DEI Framework. Through this Framework, we’re actively engaged with initiatives to increase the integration of DEI into all aspects of our organization. The Framework has five priority areas that closely align with our mission, vision, and values.

Our People

CalPERS Diversity Outreach Program (CDOP)

In 2007, we became the first State Agency in CA and the first pension fund to create a dedicated program to coordinate and promote diversity efforts with external stakeholders. Since then, CDOP has been dedicated to fostering an inclusive environment and raising awareness about the value of diverse perspectives, experiences, cultures, backgrounds, and abilities represented at the organization.

Employee Resource Groups (ERGs)

We have two ERGs where team members from across the enterprise actively engage in spreading awareness on DEI and disability topics in the workplace:

DEI Advisory Council

In 2020, we formed the DEI Advisory Council. The DEI Advisory Council, working under the direction of the Chief Diversity, Equity, and Inclusion Officer, is the primary deliberative body for DEI initiatives within the organization. The DEI Advisory Council includes stakeholders from across the enterprise. The role of the Council includes, but is not limited to, supporting our strategic goals and tactical initiatives as identified in the CalPERS’ Strategic Plan and Business Plan.