News & Events

7 Facts to Know About This Year’s Annual Comprehensive Financial Report

Notebook open to 2021-2022 Annual Comprehensive Financial Report

Each year around the holidays, we release our Annual Comprehensive Financial Report (ACFR). It’s a detailed summary of CalPERS’ financial standing through the fiscal year ending June 30, 2022.

Here are some quick facts to know about the ACFR by the numbers:

$439.4 billion: That’s our net assets (also known as the net position) figure for the fiscal year for the Public Employees’ Retirement Fund (PERF).

-6.1%: This is our fiscal year investment net return for the PERF, which was driven primarily by the downturn of the public markets that account for 79% of CalPERS’ total fund.

81.2%: This is our funded status as of June 30, 2021. Our estimated funded status for June 30, 2022, is 72%. This is a measure of the fund’s financial status when comparing the assets to the liabilities.

2,892: This is the number of employers we contract with for pension benefits.

2,155,896: All of us—the total number of benefit recipients and members (PERF).

1,529,190: Members and their families covered in the CalPERS health program.

$29.1 billion: Benefits paid out to more than 775,000 retirees and beneficiaries. This is an increase of approximately $1.7 billion or 6.2% from the previous fiscal year (PERF).

The full fiscal year 2021-22 Annual Comprehensive Financial Report (PDF) is available online for further reading.