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What to Know: CalPERS Replacing United Basic Plans with Sutter
A message from CalPERS Stakeholder Relations Effective January 1, 2027, the UnitedHealthcare Basic HMO plans (Alliance and Harmony) will no longer be a part of CalPERS offerings. After conducting independent examinations of cost and...
CalPERS Announces Health Plan Premium Rates for 2027
CalPERS announced 2027 health plan premium rates today, keeping the overall weighted rate change to 4.97% while continuing to improve care quality for members. This year’s rates continue a three-year trend of lower year-over-year increases,...
Another Strong Investment Year Reinforces CalPERS Commitment to Secure Retiree Pensions
Strong performance in both its public and private equity portfolios helped the California Public Employees’ Retirement System (CalPERS) achieve a preliminary net investment return of 14.8% for the 12-month period ending June 30, 2026, the...
Important Information Regarding Your Benefit Verification Notification
Dear California State Retirees, We are writing to remind you that, as of today, there are 1,274 retirees who have not yet submitted their CalPERS Benefit Verification forms. This form is crucial to ensuring the accuracy of your retirement benefits...
Greater Transparency and Accountability: Updates on Your Retiree Dental Benefits
Dear CSR members, I want to share important news that affects California State Retirees and our dental benefits. On June 1, 2026, the California Joint Legislative Audit Committee approved an audit of CalHR's administration of Delta Dental and...
Cost of State Employee Pensions Expected to Decrease
The article below appeared in the Sacramento Bee on April 28. By William Melhado The cost of pensions for California’s state employees is expected to decrease in the coming years, after several years of strong investment returns, according...
What To Know About Changes to CalPERS Pharmacy Benefits
As of Jan. 1, CVS Caremark replaced OptumRx as the pharmacy benefits manager for certain CalPERS Basic and Medicare HMO and PPO plans. On Tuesday, CalPERS Health Plan Research and Administration Division Chief Rob Jarzombek, joined by CVS Caremark...
RSVP Today for the Next CalPERS Retiree Webinar
CalPERS Retired Board Member Yvonne Walker, who represents retired members, invites you to join her for a special town hall webinar on Friday, Jan. 23, from 11 a.m. to noon, Pacific Time. Ms. Walker will discuss priorities relevant to retired...
CalPERS Pharmacy Benefits Manager Update
As a reminder, starting Jan. 1, 2026, pharmacy benefits for certain Basic and Medicare HMO and PPO plans will switch from OptumRx to CVS Caremark. Below is a guide on what health plans will be affected, and other frequently asked questions...
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