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Author: Jamee Villa

CalPERS Board Member Resigns Due to Illness

Posted Jan 18, 2022 by Jamee Villa    0 Comment(s)  0 Likes Like Dislike

Dear Valued stakeholders,

CalPERS Board President Henry Jones has resigned his position on the Board due to health concerns, effective Friday, January 21st. This includes his role as Board President and also as the representative elected by CalPERS retired members. The seat will remain vacant until filled.

This morning, the CalPERS Board elected Theresa Taylor as President and Rob Feckner as Vice President. Both will serve one-year terms.

[Read More...]



CalPERS Board Selects New Asset Allocation for Investment Portfolio, Keeps Discount Rate at 6.8%

Posted Nov 16, 2021 by Jamee Villa    0 Comment(s)  0 Likes Like Dislike

The CalPERS Board of Administration today selected a new asset allocation mix that will guide the fund’s investment portfolio for the next four years, while at the same time retaining the current 6.8% target it assumes those investments will earn over the long term. The board also approved adding 5% leverage to increase diversification.

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California State Retirees wishes congratulations to the winners of its statewide officer elections.

Posted Oct 25, 2021 by Jamee Villa    2 Comment(s)  0 Likes Like Dislike

At CSR’s Delegate Assembly on October 20, former executive vice president Stephanie Hueg defeated incumbent Tim Behrens in the race for president. Elnora Hunter-Fretwell unseated Jay Jimenez as [Read More...]



David Miller & Jose Luis Pacheco Win CalPERS Board Seats

Posted Oct 01, 2021 by Jamee Villa    0 Comment(s)  1 Likes Like Dislike

David Miller and Jose Luis Pacheco are declared the unofficial election winners for the two Member-at-Large seats on the CalPERS Board of Administration.

Election results are considered unofficial until formal certification by the California Secretary of State, which is expected to occur in or around November.

[Read More...]



Update – Health Plan Alert – Anthem Blue Cross Reached Agreement with Dignity Health

Posted Jul 27, 2021 by Jamee Villa    0 Comment(s)  0 Likes Like Dislike

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CalPERS Reports Preliminary 21.3% Investment Returns for Fiscal Year 2020-21; Strong Returns Trigger Reduction in Discount Rate to 6.8%

Posted Jul 12, 2021 by Jamee Villa    0 Comment(s)  0 Likes Like Dislike

Sacramento, Calif. – CalPERS today reported a preliminary 21.3% net return on investments for the 12-month period that ended June 30, 2021.

[Read More...]



CalPERS Names Marlene Timberlake D'Adamo Chief Diversity, Equity, and Inclusion Officer

Posted Jun 24, 2021 by Jamee Villa    0 Comment(s)  0 Likes Like Dislike

SACRAMENTO, Calif. – Chief Executive Officer (CEO) Marcie Frost today announced that CalPERS has named Marlene Timberlake D'Adamo as its first chief diversity, equity, and [Read More...]



Health Plan Changes for 2022

Posted May 19, 2021 by Jamee Villa    0 Comment(s)  0 Likes Like Dislike

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Risk Adjustment for HMO Basic Plans

Posted May 19, 2021 by Jamee Villa    0 Comment(s)  0 Likes Like Dislike

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How CalPERS Sets Health Rates

Posted May 19, 2021 by Jamee Villa    0 Comment(s)  0 Likes Like Dislike

A Message from CalPERS:

We set health rates, also known as health premiums, by way of our annual rate development process. We negotiate methodically with health carriers to achieve the most competitive rates possible for our members and employers.

[Read More...]



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