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CSR | Political Activity

California to Pay Billions More After CalPERS Cuts Assumed Rate

Posted Jan 03, 2017 by Jamee V    1 Comment(s)  0 Likes Like Dislike

Sacramento, CA - California will be forced to pay billions more in pension contributions for government employees after the state retirement system’s decision to lower its assumed rate of return.

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CalPERS to Lower Discount Rate to Seven Percent Over the Next Three Years

Posted Dec 21, 2016 by Jamee V    0 Comment(s)  0 Likes Like Dislike

Sacramento, CA – The California Public Employees' Retirement System (CalPERS) Board of Administration today voted to lower the discount rate from 7.5 percent to 7.0 percent over the next three years. This incremental lowering of the discount rate will give employers more time to prepare for the changes in contribution costs.

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CalPERS once kicked the tobacco habit. Now it’s reconsidering

Posted Dec 16, 2016 by Jamee V    2 Comment(s)  0 Likes Like Dislike

The ongoing battle between CalPERS investing in the Tobacco industry has come to fruition this week as CalPERS is reopening a decade-long discussion about reinvesting in Tobacco after a 16-year ban. 

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CalPERS Knocked for Missing Wells Fargo Warning Signs

Posted Dec 09, 2016 by CSR Website Administrator    0 Comment(s)  0 Likes Like Dislike

Sacramento, CA - By Chris Reed

Critics of Wells Fargo’s scandal are raising questions about why the California Public [Read More...]



CalPERS to offer Diabetes Prevention Program Starting Jan 1, 2017

Posted Nov 22, 2016 by Jamee V    0 Comment(s)  0 Likes Like Dislike

Beginning January 1, 2017, all CalPERS health plans will offer a diabetes prevention program (DPP) at no cost to eligible members. Check it out!

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With investments soft, CalPERS eyes higher contribution rates. What does that mean for workers?

Posted Nov 22, 2016 by Jamee V    1 Comment(s)  0 Likes Like Dislike

CalPERS is preparing more pension rate hikes, and they could cost government agencies billions of dollars.

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Yes on Prop 61 Rally

Posted Nov 02, 2016 by Jamee V    0 Comment(s)  0 Likes Like Dislike

Yes on Prop 61 Rally with Bernie Sanders takes place Monday, November 7th on the west steps of the Capitol. CSR will be in attendance. Please join us!

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California seniors rally to lower drug costs | Yes on Prop. 61

Posted Oct 19, 2016 by Jamee V    0 Comment(s)  0 Likes Like Dislike

CSR joined with other senior groups on the Capitol steps Oct. 17 to rally in support of Prop. 61, which would help stop runaway drug prices and save the state an estimated $1 billion a year.

 

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2017 CSR Board Election Schedule | Districts A, B, C

Posted Oct 18, 2016 by Jamee V    0 Comment(s)  0 Likes Like Dislike

Do you want to serve on the CSR Board of Directors? If so, now is the time! CSR has officially launched the 2017 Board Election Schedule for Districts A, B & C.

 

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New article offers perspective on public pensions

Posted Oct 17, 2016 by Dani Schenone    0 Comment(s)  0 Likes Like Dislike

Recent news articles have set their sights on public pensions, claiming that they are unsustainable and cost the state billions while public employees enjoy excessive retirement benefits. Recently, a Capital & Main author responded to a September article in the Los Angeles Times that claimed public pensions offer retirement security that is normally only available to the wealthy.

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