Articles for category CalPERS
Posted Mar 19, 2015 by
CalPERS
Retirees
Health Care
Politics
California State Retirees President Tim Behrens testified at a joint informational hearing on March 18 that the governor's plan to introduce a high-deductible health plan for CalPERS members is "the wrong path to take in addressing high health care costs."
"Such plans shift costs to workers, discourage people from accessing needed health care and would divide [CalPERS] health plans into those for the young and those for the old," Behrens testified before the joint Informational hearinig of the Senate Public Employment and Retirement Committee and the Assembly Public Employees, Retirement and Social Security Committee.
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Posted Mar 11, 2015 by
CalPERS
Retirees
Politics
LOS ANGELES (Reuters) - A ballot measure campaign to cut California's public pensions will be launched in May by a coalition of politicians and business people led by former San Jose Mayor Chuck Reed, with the state's largest retirement system a prime target.
The measure would take aim at California's $300 billion giant Calpers, which has a near-iron grip on the state's pensions. Calpers, America's largest public pension fund and administrator of pensions for more than 3,000 state and local agencies, has long argued that pensions cannot be touched or renegotiated, even in bankruptcy.
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Posted Mar 10, 2015 by
CalPERS
Health Care
Nearly three weeks after Anthem said it suffered a massive data breach, officials have an estimated tally for the number of Californians affected: 13.5 million residents.
That total includes current and former enrollees in Anthem Blue Cross, plus other California residents covered by other members of the Blue Cross Blue Shield Association through out-of-state employers or similar arrangements, Anthem Blue Cross spokesman Darrel Ng said Tuesday.
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Posted Feb 20, 2015 by
CalPERS
All CalPERS members are being asked their thoughts on the newly redesigned PERSpective newsletter, which is mailed to members three times a year.
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Posted Feb 19, 2015 by
CalPERS
Retirees
CalPERS Board Elects Committee Chairs and Vice Chairs
SACRAMENTO, CA - The California Public Employees' Retirement System (CalPERS) Board of Administration has elected the following chairs and vice chairs of key board committees:
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Posted Feb 19, 2015 by
CalPERS
Retirees
Retirement
The 2015 Natixis Global Retirement Security Index put Switzerland at the No. 1 spot in its annual ranking of the well-being and “life conditions” that pre-retirees and retirees can expect across 150 countries. The prospects for current and aspiring retirees in America is less good: The U.S. is stuck at No. 19, where it’s been for the past three years. That means it beat out No. 20, Slovenia (hurray!), but trails countries including Luxembourg, Iceland, and Belgium.
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Posted Feb 09, 2015 by
CalPERS
Retirees
Health Care
Class-action lawsuits have been filed in California and two other states against health insurer Anthem over a data breach affecting about 80 million customers, former customers and employees, Modern Healthcare reports.
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Posted Feb 05, 2015 by
CalPERS
Retirees
Health Care
As many as 80 million customers of the nation's second-largest health insurance company, Anthem Inc., have had their account information stolen, the company said in a statement.
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Posted Feb 05, 2015 by
CalPERS
Retirees
Health Care
If you’re a state retiree or planning to become one, a piece of Gov. Jerry Brown’s 2015-16 budget proposal could hit your wallet.
The governor’s plan envisions a new high-deductible, lower-premium health insurance policy for state workers. It would be paired with a tax-advantaged health savings account and take effect Jan. 1, 2016.
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Posted Jan 21, 2015 by
CalPERS
Retirees
Retirement
State Employees
The California Public Employees' Retirement System (CalPERS) Board of Administration unanimously re-elected Rob Feckner as Board president and elected Henry Jones as vice president. Feckner will be serving his 11th term as president, while it will be Jones' first vice presidential term.
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