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CSR | Political Activity
Articles for category Retirees

PERSWatch hosts forum between two candidates July 6

Posted Jun 28, 2011 by   

Michael Bilbrey and Richard Ross – the two candidates in the CalPERS runoff election for a vacant seat on the CalPERS Board of Administration – will face off at an upcoming candidates’ forum. 
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Public Unions Take On Boss to Win Big Pensions

Posted Jun 23, 2011 by   

New York Times June 21, 2011

Then Jim Righeimer, a conservative activist and real estate developer, jumped into the race last year.

The city was on the road to insolvency, he warned, because public employee unions had pressured politicians into handing over generous salaries and pensions. The police chief received $298,000 a year in total compensation, Mr. Righeimer noted. The deputy fire chief had retired with a pension of more than $182,000 a year.
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CalPERS Ambassador Program is Coming to Southern California

Posted Jun 16, 2011 by   

All CalPERS retirees are invited to participate in CalPERS Ambassador Program at the El Dorado Park Senior Center in Long Beach Sept. 27.

The volunteer Ambassadors will receive education, training and communications so they can better understand, and in turn better communicate, the facts about their retirement benefits. Ambassadors will come together for an initial training and then receive timely facts and outreach ideas via e-mail.

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CalPERS Board Adopts 2012 Health Benefits Rate Package

Posted Jun 16, 2011 by   

The California Public Employees’ Retirement System’s Board of Administration on June 15 adopted a 2012 health care rate package with an overall annual premium increase of 4.1 percent for more than 1.3 million CalPERS members.

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Governor vetoes Democratic budget

Posted Jun 16, 2011 by   

Sacramento Bee June 16, 2011

Gov. Jerry Brown vetoed his own party's budget today, less than 24 hours after Democratic lawmakers sent him a majority-vote plan balanced with risky solutions.

The Democratic governor said during his campaign and throughout this year he would not sign a budget filled with "gimmicks," though he suggested earlier this week he had relaxed that stance.

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The Outlook at Calpers Is Brightening, a Little

Posted May 19, 2011 by   

Wall Street Journal, May 19, 2011

The nation's biggest pension fund is on target to notch one of its strongest annual returns in the past 20 years, performance that is helping the fund regain its health and its confidence.

But state residents still are being stung by the California Public Employees' Retirement System's funding gap, showing the deep hole into which many pension funds have dug themselves.
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Union members rally at Capitol to protest budget cuts

Posted May 16, 2011 by   

More than a thousand teachers, state workers and others fanned out across the south lawn of the Capitol on Friday to pressure Republican lawmakers to extend expiring taxes to avoid further budget cuts.

The event capped a week of demonstrations by the California Teachers Assn., whose members lobbied lawmakers, staged rallies and, on two occasions, got arrested for refusing to leave the Capitol after the building closed. On Friday, David Sanchez, the union’s president, said that his arrest -– and those of 25 others –- brought attention to the cause of public education.

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CalPERS officials to speak in Palm Desert May 6

Posted Apr 15, 2011 by   

All working and retired members of the California Public Employees’ Retirement System (CalPERS) and their guests are invited to a question-and-answer session with three CalPERS officials in Palm Desert Friday, May 6. [Read More...]



CalPERS to seek legislation to bar gifts to public employees

Posted Mar 16, 2011 by   

Shaken by a report alleging wrongdoing by former top officials, directors of the California Public Employees' Retirement System voted to push for legislation curtailing gift-giving to public employees and limiting board members and executives from going to work for companies doing business with the pension fund. [Read More...]



CSEA scholarship apps are due April 29

Posted Mar 14, 2011 by   

The grandchildren, dependents and spouses of CSEA members have until April 29 to submit scholarship applications to the CSEA Foundation.

Scholarship applications may be obtained by calling Gae Van Wagoner at (916) 326-4228 or they can be downloaded by going to the CSEA Web site.

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