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Articles for category CalPERS

CalPERS Reports Investment Return for 2022-23 Fiscal Year

Posted Jul 19, 2023 by Mark DeVaughn    categoryCalPERS

The preliminary 5.8% net investment return is an improvement over the prior fiscal year, when global financial volatility led to the fund’s first negative net return since the Great Recession.

The estimated funded status of the CalPERS portfolio now stands at 72%.

[Read More...]


CalPERS Announces 2024 Health Plan Premiums

Posted Jul 18, 2023 by Mark DeVaughn    categoryCalPERS

Basic (non-Medicare) plans will increase 10.95% overall. Members enrolled in CalPERS’ Basic Health Maintenance Organization (HMO) plans will have an average premium increase of 10.50%. Preferred Provider Organization (PPO) Basic plans will have an overall increase of 12.17%. Medicare plan premiums will rise 9.55% overall.

[Read More...]


CalPERS Data Breach Affects Retirees

Posted Jun 21, 2023 by Mark DeVaughn    categoryCalPERS

CalPERS announced a recent cybersecurity breach at their third-party vendor PBI Research Services/Berwyn Group (“PBI”).

The third party vendor, PBI, had a vulnerability in their transfer [Read More...]


Learn your COLA increase details here

Posted Apr 21, 2023 by Mark DeVaughn    categoryCalPERS

A cost-of-living adjustment (COLA) is an increase in retirement benefits to keep up with inflation. If you’re interested in learning more about your CalPERS COLA benefit please take a look at the [Read More...]


Court Grants Preliminary Approval to Second Settlement in CalPERS Long-Term Care Class Action

Posted Mar 13, 2023 by Jamee Villa    categoryCalPERS

CalPERS and attorneys representing plaintiffs today announced that a judge has granted preliminary approval to a new, second settlement of [Read More...]


Taylor Wins Re-Election as CalPERS President, Miller Elected VP

Posted Jan 17, 2023 by Mark DeVaughn    categoryCalPERS

The CalPERS Board of Administration has re-elected Theresa Taylor as board president and David Miller as vice president.

“It’s my privilege to be re-elected as president of the CalPERS [Read More...]


What the CalPERS CEO Sees Ahead in 2023

Posted Jan 11, 2023 by Mark DeVaughn    categoryCalPERS

By Marcie Frost, Chief Executive Officer, CalPERS

Happy New Year!

As we forge ahead into 2023, the financial landscape looks very much like it did when we said goodbye [Read More...]


Yvonne Walker Wins CalPERS Retiree Board Seat

Posted Dec 08, 2022 by CSR Website Administrator    categoryCalPERS

Yvonne Walker is the unofficial winner of the runoff election for the retired member seat on the CalPERS Board of Administration.

 

[Read More...]


Voting Begins for CalPERS Special Retired Runoff Election

Posted Nov 04, 2022 by Mark DeVaughn    categoryCalPERS

CalPERS retired members can expect a blue envelope that contains their ballot for the special board election in their mailboxes in the next few days.

The special election is for one vacant [Read More...]


Want to Run for CSR District Director? Check Your Eligibility and Send this Required Form

Posted Nov 04, 2022 by Mark DeVaughn    categoryCalPERS

Are you interested in holding an elected leadership role for California State [Read More...]


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