Posted Jun 01, 2017 by Jamee V
CalPERS
Attached is a copy of the drugs that OptumRx moved down to a lower cost tier for EGWP/Medicare as of 4/1/17.
[Read More...]
Posted May 30, 2017 by Jamee V
CalPERS
CalPERS has announced their new voting procedures for the 2017-2018 election in hopes of increasing voter participation. Retired members (excluding survivors and beneficiaries) whose effective date of retirement is on or before July 1, 2017 are eligible to vote in this election. All eligible members will be able to cast their vote for two member-at-large seats in one of three ways...
[Read More...]
Posted Apr 18, 2017 by Jamee V
CalPERS
Fritz Walgenbach, who served 35 years in California State Retirees, the Association of California State Supervisors and California State Employees Association, passed away April 17.
[Read More...]
Posted Apr 18, 2017 by Jamee V
CalPERS
On Monday, April 17, CalPERS mailed notifications to the 470,000 affected retirees, which explains the change and instructs retirees to fill out and return a postcard if they want to continue receiving the information by mail.
[Read More...]
Posted Mar 27, 2017 by Jamee V
CalPERS
CalPERS Notice of Election for the 2017 Member-at-Large (MAL) Election was mailed out today (3/27). The election is for a new term beginning January 16, 2018, through January 15, 2022. There are two seats in this election and both incumbents, JJ Jelincic & Michael Bilbrey, have declared their intention to run for re-election.
[Read More...]
Posted Mar 20, 2017 by Jamee V
General News
The Social Security Administration introduced the expansion of online services for residents of California available through its my Social Security portal at www.socialsecurity.gov/myaccount. Nancy A. Berryhill, Acting Commissioner of Social Security, announced that residents of California can use the portal for many replacement Social Security number (SSN) card requests. This will allow people to replace their SSN card from the comfort of their home or office, without the need to travel to a Social Security office.
[Read More...]
Posted Feb 16, 2017 by Jamee Villa
CalPERS
Sacramento, CA - The California Public Employees' Retirement System (CalPERS) Board of Administration today approved a new five-year strategic plan that will serve as a blueprint for meeting the investment, retirement, and health benefit needs of members and their families into the future.
[Read More...]
Posted Feb 16, 2017 by Jamee Villa
CalPERS
Sacramento, CA - If you didn’t know any better, you’d think that CalPERS is the source of all California’s ills: higher taxes, bankrupt cities, reduced public services, lavish pensions, the list goes on. We’ve even been blamed for failing to catch the fact that Wells Fargo employees were creating fake bank accounts...
[Read More...]
Posted Feb 08, 2017 by Jamee V
CalPERS
The California Public Employees' Retirement System expects a 5.8 percent annual investment return under its new portfolio asset allocation, significantly lower than the fund's assumed rate of return of 7 percent by 2020.
[Read More...]
Posted Jan 25, 2017 by Jamee V
CalPERS
Sacramento, CA —The state’s cost for retiree health and dental benefits has grown to $76.68 billion, according to a report published today by State Controller Betty T. Yee. The liability represents the present-day cost to provide retiree health and dental benefits earned as of June 30, 2016 – one of the state’s largest long-term debts.
[Read More...]