Former CalPERS CEO Buenrostro plans to plead guilty in pension corruption case, lawyer says

The Sacramento Bee reports:

The former chief executive of CalPERS is about to plead guilty to a conspiracy charge in connection with the bribery scandal that erupted at the nation’s largest public pension fund five years ago.

Fred Buenrostro, who ran CalPERS from 2002 to 2008, will enter a guilty plea next week. The dramatic twist was revealed Monday by his lawyer, William Portanova, during what was scheduled as a routine pretrial hearing in U.S. District Court.

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