Calpac definitions
| Word backwards | caplac |
|---|---|
| Part of speech | The word "calpac" is a noun. |
| Syllabic division | cal-pac |
| Plural | The plural of calpac is calpacs. |
| Total letters | 6 |
| Vogais (1) | a |
| Consonants (3) | c,l,p |
Calpac is a term that refers to the California Public Employees' Retirement System, one of the largest pension funds in the United States. Established in 1932, CalPERS provides retirement and health benefits to more than 1.9 million members in California.
CalPERS manages assets worth more than $400 billion, making it a significant player in the financial industry. The pension fund invests in a diverse range of asset classes, including stocks, bonds, real estate, and private equity, to generate returns that can sustain its pension obligations.
CalPERS Investments
CalPERS invests in both domestic and international markets, seeking to diversify its portfolio and reduce risk. The pension fund is known for its long-term investment strategy and commitment to sustainable and responsible investing practices.
Retirement Benefits
Members of CalPERS are eligible for retirement benefits based on factors such as age, years of service, and final compensation. The pension fund offers various retirement plans, including defined benefit and hybrid plans, to provide financial security to its members in their retirement years.
Health Benefits
In addition to retirement benefits, CalPERS also offers health benefits to its members and their families. These benefits include medical, dental, and vision coverage, as well as life insurance and long-term care options. CalPERS works with various healthcare providers to ensure comprehensive coverage for its members.
Overall, CalPERS plays a crucial role in supporting the retirement security and healthcare needs of public employees in California.
Calpac Examples
- I purchased a traditional calpac as a souvenir from my trip to Mongolia.
- During the winter, many nomads wear calpacs to protect themselves from the cold.
- The intricate designs on the calpac were handwoven by skilled artisans.
- As part of the traditional outfit, the calpac is an essential piece for Kyrgyz women.
- The bright colors of the calpac stand out against the snowy landscape.
- The calpac is an iconic symbol of Central Asian culture and heritage.
- In ceremonies and festivals, dancers often wear elaborate calpacs as part of their costumes.
- The calpac is known for its unique shape, resembling a pointed hat.
- A matching calpac and deel complete the traditional Mongolian outfit.
- The calpac is not only fashionable but also functional, providing warmth in harsh climates.