CalPERS responds to misconduct report

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US - The California Public Employees' Retirement System (CalPERS) said it is cooperating with the Fair Political Practices Commission following an investigation into gifts received by staff at the fund.

The FPPC found 50 CalPERS employees may have failed to properly report gifts as required in annual Form 700 filings. Form 700s, or SEIs, must be filled out by all elected officials in Californi...

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