The chief executive officer of the nation’s largest public pension fund announced plans to retire this week, while denying that it has anything to do with friction with the board of the California Public Employees’ Retirement System.

“Media speculation about reasons for my departure are unwarranted and incorrect,” CEO Fred Buenrostro said in a statement CalPERS issued Monday. He said his retirement from CalPERS later this year, at a date to be determined, will allow him to pursue private-sector opportunities.

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