... purposes are already spelled out in the California Constitution: "The members of the retirement board of a public pension or retirement system shall discharge their duties with respect to the system solely in the interest of, and for the exclusive ...
http://www.jdsupra.com/legalnews/calpers-discusses-adoption-of-investmen-83297/
http://www.jdsupra.com/legalnews/calpers-discusses-adoption-of-investmen-83297/
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