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Articles for category CalPERS

CalPERS Board Selects New Asset Allocation for Investment Portfolio, Keeps Discount Rate at 6.8%

Posted Nov 16, 2021 by Jamee Villa    categoryCalPERS

The CalPERS Board of Administration today selected a new asset allocation mix that will guide the fund’s investment portfolio for the next four years, while at the same time retaining the current 6.8% target it assumes those investments will earn over the long term. The board also approved adding 5% leverage to increase diversification.

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California State Retirees wishes congratulations to the winners of its statewide officer elections.

Posted Oct 25, 2021 by Jamee Villa    categoryCalPERS

At CSR’s Delegate Assembly on October 20, former executive vice president Stephanie Hueg defeated incumbent Tim Behrens in the race for president. Elnora Hunter-Fretwell unseated Jay Jimenez as [Read More...]


Changing Your Health Plan? CalPERS Open Enrollment Ends Friday

Posted Oct 12, 2021 by Mark DeVaughn    categoryCalPERS

CalPERS Health open enrollment ends Friday, October 15. Be sure to review your current health coverage. 

If you aren't making change to your coverage, no action is needed. 

[Read More...]


David Miller & Jose Luis Pacheco Win CalPERS Board Seats

Posted Oct 01, 2021 by Jamee Villa    categoryCalPERS

David Miller and Jose Luis Pacheco are declared the unofficial election winners for the two Member-at-Large seats on the CalPERS Board of Administration.

Election results are considered unofficial until formal certification by the California Secretary of State, which is expected to occur in or around November.

[Read More...]


CalPERS Days Away from Counting Board Election Votes

Posted Sep 29, 2021 by Mark DeVaughn    categoryCalPERS

All voted ballots will be tabulated on Friday, October 1, for the Member-at-Large seats on the CalPERS Board of Administration.

Public viewing of the electronic tabulation process will take [Read More...]


CalPERS Open Enrollment Starts Sept. 20: How to Make the Right Health Plan Decisions

Posted Sep 14, 2021 by Mark DeVaughn    categoryCalPERS

Open Enrollment is your time to enroll in or change health, dental, and vision plans, add eligible dependents, or delete dependents. Whether you’re considering a change or not, this is a good time [Read More...]


Vote Tiffany Emon-Moran and Margaret Brown to the CalPERS Board of Administration

Posted Sep 01, 2021 by Mark DeVaughn    categoryCalPERS

Valued CSR Member

The California State Retirees endorse Tiffany Emon-Moran and Margaret Brown for CalPERS Board Seat A and Seat B, respectively, in the 2021 CalPERS Board of Administration Member-at-Large Election.

[Read More...]


Update – Health Plan Alert – Anthem Blue Cross Reached Agreement with Dignity Health

Posted Jul 27, 2021 by Jamee Villa    categoryCalPERS

Anthem Blue Cross reached an agreement with Dignity Health for both the HMO and PPO plans. This agreement returns Dignity facilities and providers to all Anthem health plan networks.

This [Read More...]


CalPERS Reports Preliminary 21.3% Investment Returns for Fiscal Year 2020-21; Strong Returns Trigger Reduction in Discount Rate to 6.8%

Posted Jul 12, 2021 by Jamee Villa    categoryCalPERS

Sacramento, Calif. – CalPERS today reported a preliminary 21.3% net return on investments for the 12-month period that ended June 30, 2021.

[Read More...]


CalPERS Names Marlene Timberlake D'Adamo Chief Diversity, Equity, and Inclusion Officer

Posted Jun 24, 2021 by Jamee Villa    categoryCalPERS

SACRAMENTO, Calif. – Chief Executive Officer (CEO) Marcie Frost today announced that CalPERS has named Marlene Timberlake D'Adamo as its first chief diversity, equity, and [Read More...]


Health Plan Changes for 2022

Posted May 19, 2021 by Jamee Villa    categoryCalPERS

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Risk Adjustment for HMO Basic Plans

Posted May 19, 2021 by Jamee Villa    categoryCalPERS

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How CalPERS Sets Health Rates

Posted May 19, 2021 by Jamee Villa    categoryCalPERS

A Message from CalPERS:

We set health rates, also known as health premiums, by way of our annual rate development process. We negotiate methodically with health carriers to achieve the most competitive rates possible for our members and employers.

[Read More...]


CalPERS retirees will get a cost of living increase this year. Here’s how much...

Posted Mar 10, 2021 by Jamee Villa    categoryCalPERS

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Update: Third District Court of Appeal rejected Transparent California’s effort to reverse the Sacramento Superior Court’s ruling

Posted Jan 15, 2021 by Jamee Villa    categoryCalPERS

On Monday, the Third District Court of Appeal rejected Transparent California’s effort to reverse the Sacramento Superior Court’s ruling that CalPERS could withhold records identifying which of its [Read More...]


Retirees: Important Reminder About January’s Direct Deposit

Posted Dec 09, 2020 by Jamee Villa    categoryCalPERS

An important message from CalPERS

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Update: CalPERS Benefit Verification

Posted Dec 07, 2020 by Jamee Villa    categoryCalPERS

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CalPERS Names James Sterling Gunn To Lead Trust Level Portfolio Management Program

Posted Oct 08, 2020 by Jamee Villa    categoryCalPERS

CalPERS announced today that James Sterling Gunn will join the pension fund as its new managing investment director of the Trust Level Portfolio Management Program.

[Read More...]


COVID-19 Relief Rule Extends Some Health Enrollment Deadlines

Posted Sep 10, 2020 by Jamee Villa    categoryCalPERS

Since the onset of the COVID-19 pandemic, some of the rules surrounding your health enrollment and coverage may have changed. Passed on May 5, 2020, the COVID-19 Relief Rule aims to provide health coverage relief. For CalPERS members like you, this may mean extended health enrollment periods and/or coverage.

[Read More...]


CalPERS Chief Investment Officer Yu (Ben) Meng Resigns

Posted Aug 06, 2020 by Jamee Villa    categoryCalPERS

SACRAMENTO, Calif. – CalPERS announced today that Chief Investment Officer Yu (Ben) Meng is resigning, effective August 5.

[Read More...]


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