text: CalPERS Votes to Toughen Merger Policies SACRAMENTO, Calif. - The nation #39;s biggest public pension fund, with a stock portfolio of \$167 billion, voted Monday to toughen its policies against multimillion-dollar  quot;golden parachutes quot; for executives who engineer corporate mergers.
inputs: CalPERS Votes to Toughen Merger Policies SACRAMENTO, Calif. - The nation #39;s biggest public pension fund, with a stock portfolio of \$167 billion, voted Monday to toughen its policies against multimillion-dollar  quot;golden parachutes quot; for executives who engineer corporate mergers.