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Stuart Grant, a lawyer for the teachers system, said the fund might sue to recover the dividend for the corporation.
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Calpers is the nation's largest public pension fund and the California teachers' system is the third largest.
The Teachers' Retirement System of Illinois lost 22 percent inthe 2009 fiscal year.
At times, Ms. Weingarten says the union can wait out the mayor, expecting him to offer large raises, without strings attached, to attract the teachers the system needs.
Organizations like the California state employees' pension fund and the teachers' retirement system of Texas suddenly became power players in American capitalism.
The most troubling is a $80-billion 80-billionfor the teachers' pension system, which — at the current rate — couliabilityke in 30 years.
Ms. Combs said the information included data transferred by the Teacher Retirement System of Texas, the Texas Workforce Commission and the Employees Retirement System of Texas.
The Teacher Retirement System of Texas recently bought a stake in Bridgewater Associates, the world's largest hedge fund.
The Teacher Retirement System of Texas has expanded its program of co-investing in deals alongside outside private equity firms.
Every faculty meeting since the beginning of the school year, he said, has focused on the teacher evaluation system the district has introduced to meet federal criteria.
The firm has also locked up new capital from the likes of the Teacher Retirement System of Texas, which pledged $3 billion to the firm in November.
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