PERS is taking a hard look into how it invests in pensioner's funds: new investment requirements that would put the labor practices of firms owned by giant private equity investor groups under scrutiny. Many of those companies have, at best, dubious labor records: employing underage children in dangerous jobs, overlooking sexual harassment in the workplace, stealing wages from workers, taking advantage of undocumented immigrants, and so on. https://www.thenation.com/article/economy/calpers-pension-labor/