Investment & Financial Reports
Access CalPERS reports and studies related to our investments.
Annual Reports
- 2021-22 Annual Investment Report (PDF, 6.28 MB)
- 2020-21 Annual Investment Report (PDF, 10.3 MB)
- 2019-20 Annual Investment Report (PDF, 8 MB)
- 2018-19 Annual Investment Report (PDF, 8.72 MB)
- 2017-18 Annual Investment Report (PDF, 11.9 MB)
- 2020-21 Basic Financial Statements (PDF)
- 2019-20 Basic Financial Statements (PDF, 2.3 MB)
- 2018-19 Basic Financial Statements (PDF)
- 2017-18 Basic Financial Statements (PDF)
- 2021-22 Annual Comprehensive Financial Report (PDF, 12.9 MB)
- 2020-21 Annual Comprehensive Financial Report (PDF, 33.3 MB)
- 2019-20 Annual Comprehensive Financial Report (PDF, 7.4 MB)
- 2018-19 Annual Comprehensive Financial Report (PDF, 7.4 MB)
- 2017-18 Annual Comprehensive Financial Report (PDF, 3.27 MB)
- 2016-17 Annual Comprehensive Financial Report (PDF, 8.48 MB)
- Principles for Responsible Investment (PRI) Transparency Report (PDF, 2.2 MB)
- Responsible Contract Program Annual Report (PDF)
- Towards Sustainable Investment (PDF)
Emerging Managers
Investment Committee Reports
- Asset Liability Management (ALM) Overview (PDF)
- CalPERS Trust Level Quarterly Update – Performance and Risk (PDF)
- CalPERS Trust Level Review & Annual Program Reviews (PDF)
- CalPERS 2020 California Public Divest for Iran Act and Sudan Act Legislative Report (PDF)
- CalPERS 2021 California Public Divest for Iran Act and Sudan Act Legislative Report (PDF)
- CalPERS Public Divestiture of Thermal Coal Companies Act Report to the California Legislature and Governor (PDF)
- Five-Year Divestment Review (PDF)
- Wilshire Review of Divestment Programs (PDF)
- Global Equity, Global Fixed Income, Private Equity, Real Assets, Opportunities Strategies Annual Review (PDF)
- Corporate Governance Update (PDF)
- 2016-21 Sustainable Investment Strategic Plan: Five Year Progress Report (PDF)
- UN Sustainable Development Goals Mapping (PDF)
Revised Responsible Contractor Policy
- Bidding Notification Method & Contact Sheet (PDF)
- Housing Program - Voluntary Participation Report (PDF)
- Investment Manager Combined Compliance Report (PDF)