An important message from CalPERS

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CalPERS announced today that James Sterling Gunn will join the pension fund as its new managing investment director of the Trust Level Portfolio Management Program.

Please see the complete list of candidates who have been endorsed by the California State Retirees.

Since the onset of the COVID-19 pandemic, some of the rules surrounding your health enrollment and coverage may have changed. Passed on May 5, 2020, the COVID-19 Relief Rule aims to provide health coverage relief. For CalPERS members like you, this may mean extended health enrollment periods and/or coverage.

SACRAMENTO, Calif. – CalPERS announced today that Chief Investment Officer Yu (Ben) Meng is resigning, effective August 5.

SACRAMENTO, Calif. – The CalPERS Board of Administration today approved health plan premiums for calendar year 2021, at an overall average premium increase of 4.32%.

Valued Stakeholders - CalPERS today reported a preliminary 4.7% net return on investments for the 12-month period that ended June 30, 2020. CalPERS assets at the end of the fiscal year stood at more than $389 billion.

SACRAMENTO – The California Department of Public Health today released updated guidance that requires Californians to wear a face covering in high-risk settings. A growing body of scientific research has shown that people with no or few symptoms of COVID-19 can still spread the disease and that the use of face coverings, combined with physical distancing and frequent hand washing, will reduce the spread of COVID-19.