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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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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Sacramento, CA - By Chris Reed
Critics of Wells Fargo’s scandal are raising questions about why the California Public [Read More...]
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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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 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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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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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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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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Sacramento, CA - OptumRX has finally released critical pieces of information in regards to the cost of prescription drugs. This comes on the heels of CSR pushing for this critical data to be shared with the public during the open enrollment process. Many members were concerned they did not have the full story when choosing a provider.
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