# California State Employees' Association

California State Employees' Association is a Pension Fund based in Sacramento, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Sacramento, United States
- **Region:** North America
- **Address:** 3000 Advantage Way, Sacramento, CA 95834, United States
- **Founded:** 1932
- **Assets under management:** Undisclosed
- **Website:** calcsea.org
- **LinkedIn:** https://www.linkedin.com/company/california-state-employees-association

## Regulatory record

- **Reports private funds:** No

## About

Founded in 1932 as part of a campaign to establish a retirement system for California state workers, the California State Employees' Association (CSEA) operates as a federation of four affiliated labor organizations. Under Chair Nina Thomas, who also serves as president of the affiliated Association of California State Supervisors (ACSS), CSEA provides shared business services — membership, accounting, payroll, IT, and human resources — to its affiliates while stewarding a portfolio of commercial real estate assets in Sacramento. The association’s deployment is concentrated in direct commercial property holdings. Its known portfolio includes the CSEA headquarters building at 3000 Advantage Way in Sacramento, a second office building at 1108 O Street, and a parking lot at 11th and Q Street, all recorded as total assets in 2024. CSEA’s financial profile is structurally inseparable from its historical relationships: it co-owns the State Employees Building Corporation with Golden 1 Credit Union, an entity it helped found, and maintains a close historical and advocacy partnership with the California Public Employees' Retirement System (CalPERS), which it was instrumental in creating. CSEA’s operational footprint is concentrated in California, centered on its Sacramento headquarters. Its affiliates — SEIU Local 1000, ACSS, the California State University Employees Union, and California State Retirees — represent over 100,000 active and retired state and California State University system employees. The association’s leadership includes CFO Geanie Hixon and General Manager Lao Sok. CSEA’s San Francisco State Chapter No. 305 holds an affiliate relationship with the San Francisco Labor Council. In 2024, the association recorded its total commercial assets in Sacramento, consistent with its long-term balance-sheet structure. Structurally, CSEA is not a traditional pension fund or investment manager but an advocacy federation whose balance sheet is built on Sacramento real estate and institutional founding stakes. Its direct co-ownership of property through the State Employees Building Corporation with Golden 1 Credit Union, combined with its originating role in CalPERS, creates an unusual hybrid of labor federation, property owner, and founding institutional sponsor — a governance structure few public-sector associations replicate.

## Sectors

- Commercial Real Estate

## People

- Nina Thomas — Chair of the Board and ACSS President
- Geanie Hixon — Chief Financial Officer
- Lao Sok — General Manager

## Questions

### How is CSEA related to CalPERS?

CSEA was instrumental in founding the California Public Employees' Retirement System and maintains a close historical and advocacy relationship with CalPERS. The association’s 1932 origins trace directly to a campaign to establish a retirement system for California state workers. While CSEA does not manage CalPERS assets, the institutional tie remains central to its identity.

### What does the CSEA investment portfolio consist of?

CSEA’s known deployment is concentrated in directly held Sacramento commercial property. Recorded assets include its headquarters at 3000 Advantage Way, an office building at 1108 O Street, and a parking lot at 11th and Q Street. The association co-owns the State Employees Building Corporation with Golden 1 Credit Union.

### Does CSEA participate in fund commitments or co-investments?

There is no public record of CSEA making fund commitments, LP stakes, or co-investments. Its deployment is confined to direct commercial property holdings and its co-ownership role in the State Employees Building Corporation with Golden 1 Credit Union.

## Related profiles

- [California Institute for Regenerative Medicine](https://altss.com/profile/california-institute-for-regenerative-medicine)
- [California State University Dominguez Hills Foundation](https://altss.com/profile/california-state-university-dominguez-hills-foundation)

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Last updated: 2026-06-03T20:00:00.000Z

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