X
GO

News Archives

Articles for category CalPERS

25,000 CalPERS members have not received their CalPERS ballots

Posted Sep 25, 2013 by    categoryCalPERS categoryRetirees categoryRetirement

It has come to our attention that approximately 25,000 CalPERS members do not have a mailing address on file at CalPERS, and therefore did not receive a ballot for the CalPERS 2013 Board Member-At-Large-Election.

[Read More...]


CalPERS candidate forum is set for Sept. 5

Posted Aug 28, 2013 by    categoryCalPERS categoryRetirees categoryRetirement

    The public is invited to learn more about the candidates running for Seat A and Seat B on the CalPERS Board of Administration by attending a candidate forum from 3 to 5 p.m., Thursday, Sept. 5, in the Robert C. Carlson Auditorium at  CalPERS Headquarters in Sacramento.

     Ballots were mailed Aug. 30 to the home addresses of CalPERS members eligible to vote in the election for the two open member-at-large positions. The voting period runs through Sept. 27 – the deadline for returning ballots to CalPERS.

[Read More...]


CSR calls for legislative hearings to protect retirees' privacy

Posted Aug 16, 2013 by    categoryCalPERS categoryRetirees categoryGeneral News categoryPolitics

California State Retirees President Tim Behrens wrote letters this week to legislative leaders urging them to hold special legislative hearings to investigate the many critical issues raised by a now-stalled CalPERS proposal to post a searchable database that provides the name and benefits of all of its 550,000 retirees.

“CSR – the largest state retiree organization in California – is deeply concerned about the potential threats a database searchable by member name poses to our 33,000 members,” Behrens said in letters to Sen. Jim Beall, the chair of the Senate Public Employees and Retirement Committee and to Assemblyman Rob Bonta, chair of the Assembly Public Employees and Social Security Committee. “Many of our members are of an advanced age which makes them vulnerable to scams and rip-offs that seek to separate them from their hard-earned pensions and other assets. Releasing their names will make them susceptible to harassing marketers, fraudulent activity and identity theft.”

A similar letter from Behrens was sent CalPERS President Rob Feckner.

Behrens said that California State Retirees recognizes that CalPERS member information has been considered public information for some time and that there is indeed some value in providing public access to pension data.

“Nevertheless, we do not believe that it is appropriate to release the name and pension data of every recipient in a searchable database that could be used to target individual retirees,” Behrens said.

[Read More...]


CSR to fight pension data release by CalPERS

Posted Jul 11, 2013 by    categoryCalPERS categoryRetirees categoryRetirement

California State Retirees (CSR) – the largest state retiree organization in California – announced today that it is seeking legislation to limit the amount of pension information currently available through CalPERS under the Public Records Act.

“We understand that some public information must be released by law, but we do not support a pension data system like what CalPERS had proposed because it would have revealed much more than just how much a retiree’s pension is,” said California State Retirees President Tim Behrens. “Most of the 33,000 members in our organization are elderly and many are vulnerable. Releasing even just their name can make them targets for identity theft and harassing marketers and scammers.”

[Read More...]


CalPERS Retirement Planning Fairs

Posted Jul 05, 2013 by    categoryCalPERS

Learn about your CalPERS benefits and the retirement planning services available to you at a free Retirement Planning Fair. Meet representatives from CalPERS Regional Offices, program areas and partner organizations. Five classroom-style breakout sessions will provide information on retirement and health benefits, service credit and more. Use this one-stop shopping guide to access all of your planning needs.

[Read More...]


2014 health care rates are recommended to CalPERS board

Posted Jun 18, 2013 by    categoryCalPERS categoryRetirees categoryHealth Care

The California Public Employees’ Retirement System’s (CalPERS) Pension and Health Benefits Committee (PHBC) today recommended the Board of Administration approve a 2014 health care package that would raise overall premiums next year by an average of 3 percent for the Pension Fund’s nearly 1.3 million health program members, the lowest average increase since 1998. The rate is lower than the 9.6 percent increase in 2013. If the full Board approves the new premium rates, they will take effect January 1, 2014.

[Read More...]


CalPERS seeking to catch errors, fraud in health enrollment

Posted May 07, 2013 by    categoryCalPERS categoryHealth Care

Jon Ortiz
Sacramento Bee
jortiz@sacbee.com 

CalPERS is moving to strike from government health care rolls tens of thousands of people it believes are mistakenly or fraudulently receiving benefits.

The fund, which is the second-largest health care purchaser in the nation after the federal government, figured last year that removing an estimated 29,000 wrongly listed children, spouses and domestic partners of government employees would save approximately $40 million annually.

[Read More...]


2013 retirement check pay day

Posted Dec 31, 2012 by    categoryCalPERS

CalPERS retirement benefits are paid at the end of the month.

The chart below shows you the pay days for 2013. Since checks are issued by the State Controller's Office, they determine the mailing dates. If you have direct deposit, your financial institution has until the close of the direct deposit date to place the funds in your account. Please contact your financial institution to find out what time it places your funds in your account.
[Read More...]


CalPERS approves long-term care premium increase

Posted Oct 18, 2012 by    categoryCalPERS categoryRetirees categoryState Economy categoryRetirement categoryState Employees

      The California Public Employees’ Retirement System (CalPERS) Board of Administration Oct. 17 approved an 85 percent premium increase for early purchasers of its Long-Term Care (LTC) Insurance Program policies. The increase, to be spread over two years, is being implemented to help stabilize the program’s underlying Long-Term Care Fund and will take effect July 2015.

      Members who opt to cover the increase in a single year will pay only 79 percent. Policyholders affected by the increase purchased two types of policies between 1995 and 2004: policies with lifetime benefits with inflation protection, and policies with lifetime benefits without inflation protection (California Partnership policies will be excluded).

[Read More...]


CalPERS weighs huge premium hike for long-term care

Posted Oct 04, 2012 by    categoryCalPERS categoryRetirees categoryHealth Care categoryRetirement

It's an old-age safety net offered to California public employees: insurance to cover the exorbitant cost of staying in nursing homes, assisted-living facilities and the like.

Now most of the 150,000 or so Californians who buy long-term care insurance from CalPERS are facing what could be a big rate hike.

CalPERS is considering imposing a 75 percent increase in premiums on the vast majority of its long-term care policyholders. They would pay hundreds of dollars a year more – thousands, in some cases – as the California Public Employees' Retirement System tries to fix financial holes in the program.

[Read More...]


1 ... 19 20 21 22 23 24 25 26 27 28