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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...
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...
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...
California State Retirees Supports Passage of SB 351
California State Retirees backed SB 351 to keep healthcare fair and reliable for everyone. We’re thankful this bill passed, ensuring that quality care stays accessible and that the system works for patients and not profits. This victory means...
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...
Social Security Administration Part D IRMAA Letters
A Message from CalPERS: On December 3, 2025, the Social Security Administration (SSA) mailed letters to members who are subject to Medicare Part D Income Related Monthly Adjustment Amount (IRMAA) advising them that their prescription drug...
Important Information Regarding Your Prescription Benefits
This message is intended to help clarify some information with the transition to CVS/Caremark regarding a 90-day prescription supply. What’s changing? Starting on Jan. 1, 2026, CVS/Caremark will be the new Pharmacy Benefit Manager for those...
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