California Public Employees# Retirement System #A-1+# Issuer Credit Rating Withdrawn At Issuer Request

Stocks and Financial Services Press Releases Friday May 4, 2018 08:52
SAN FRANCISCO--4 May--S&P Global Ratings

SAN FRANCISCO (S&P Global Ratings) May 3, 2018--S&P Global Ratings withdrew its 'A-1+' short-term issuer credit rating (ICR) on California Public Employees' Retirement System (CalPERS) at the issuer's request.

The withdrawal of this rating was preceded, in accordance with our policies, by any change to the rating that we consider appropriate given available information.

Certain terms used in this report, particularly certain adjectives used to express our view on rating relevant factors, have specific meanings ascribed to them in our criteria, and should therefore be read in conjunction with such criteria. Please see Ratings Criteria at www.standardandpoors.com for further information. Complete ratings information is available to subscribers of RatingsDirect at www.capitaliq.com. All ratings affected by this rating action can be found on S&P Global Ratings' public website at www.standardandpoors.com. Use the Ratings search box located in the left column.


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