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Embattled CA's Gov't Pension Fund Under Investigation

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Embattled CA's Gov't Pension Fund Under Investigation

SACRAMENTO, CA - JULY 21: (FILE PHOTO) A sign stands in front of California Public Employees' Retirement System building July 21, 2009 in Sacramento, California. CalPERS, the embattled state public employees retirement fund, is being investigated for paying a former board member 50 million in fees to secure investments. (Photo by Max Whittaker/Getty Images)

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