Public pension funds in the United States

permanent fund of oil revenues managed by the State of Alaska

The '''California Public Employees' Retirement System, branded as CalPERS''', is an agency in the California executive branch that "manages pension and health benefits for more than 1.5 million California public employees, retirees, and their families". In fiscal year 2020–21, CalPERS paid over $27.4 billion in retirement benefits, and over $9.74 billion in health benefits.