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CalPERS Reports Investment Return for 2022-23 Fiscal Year
CalPERS reported a preliminary net return of 5.8% on its investments for the 12-month period ending June 30, 2023, the pension fund’s leaders said Wednesday. Assets as of that date were valued at $462.8 billion. “Even with the economic...
CalPERS Announces 2024 Health Plan Premiums
The CalPERS Board of Administration today approved health plan premiums for calendar year 2024, at an overall premium increase of 10.77%. Basic (non-Medicare) plans will increase 10.95% overall. Members enrolled in CalPERS’ Basic Health...
CalPERS Data Breach Affects Retirees
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 application which allowed retiree data to be...
Learn your COLA increase details here
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 COLA webpage on the CalPERS website. The page...
Court Grants Preliminary Approval to Second Settlement in CalPERS Long-Term Care Class Action
CalPERS and attorneys representing plaintiffs today announced that a judge has granted preliminary approval to a new, second settlement of the class action lawsuit involving the CalPERS Long-Term Care (LTC) Program, known as Wedding, et al. v....
Taylor Wins Re-Election as CalPERS President, Miller Elected VP
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 board,” Taylor says. “Given the...
What the CalPERS CEO Sees Ahead in 2023
Happy New Year! As we forge ahead into 2023, the financial landscape looks very much like it did when we said goodbye to 2022. These unsettled times likely leave you wondering about the relative health of your CalPERS benefits. Inflation,...
Yvonne Walker Wins CalPERS Retiree Board Seat
Yvonne Walker is the unofficial winner of the runoff election for the retired member seat on the CalPERS Board of Administration. Election results are considered unofficial until formal certification by the California Secretary of State, which is...
Want to Run for CSR District Director? Check Your Eligibility and Send this Required Form
Are you interested in holding an elected leadership role for California State Retirees? If so, three (3) seats are up for election on the CSR Board of Directors. New three-year terms for Board members in Districts A, B, and C will begin at the...