California Legislators Endorse Bitcoiner For $500 Billion Pension Board

Bitcoin Magazine California Legislators Endorse Bitcoiner For $500 Billion Pension Board California Legislators endorse bitcoin nonprofit founder Dom Bei for a seat on the $500 billion CalPERS pension board. This post California Legislators Endorse Bitcoiner For $500 Billion Pension Board first appeared on Bitcoin Magazine and is written by Vivek Sen Bitcoin.

Mar 12, 2025 - 15:22
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California Legislators Endorse Bitcoiner For $500 Billion Pension Board

Bitcoin Magazine

California Legislators Endorse Bitcoiner For $500 Billion Pension Board

California Legislators have endorsed bitcoin nonprofit founder Dom Bei in his campaign for a seat on the board of the California Public Employees’ Retirement System (CalPERS).

CalPERS oversees a massive $500 billion pension fund serving over 2 million public sector retirees. If elected, Bei would be the first openly pro-bitcoin voice on the 13-member board.

Bei is a 16-year veteran firefighter who founded Proof of Workforce, a nonprofit providing bitcoin education to workers, unions and pension funds. He previously served on Santa Monica’s pension advisory board and played a key role in the city’s firefighters union, becoming one of the first to hold bitcoin.