Articles for category CalPERS
Posted Dec 07, 2018 by Jamee Villa
CalPERS
CalPERS has stationed representatives in Chico to aid members with any CalPERS-related matters in an effort to aid those affected by the tragic fires in Butte County.
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Posted Dec 03, 2018 by Jamee Villa
CalPERS
Every year, about 25,000 California Public Employees’ Retirement System members retire. Their average monthly income in retirement will be $2,876. These professionals dedicated their careers to the public good. In return, they deserve the same commitment from California. That comes in the form of security in retirement.
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Posted Nov 13, 2018 by Jamee Villa
CalPERS
A message from CalPERS:
We’ve been working to pull together a document for members impacted by the terrible fires raging across the state. The attached document answers three questions, with specific resources for each of the health plans...
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Posted Nov 09, 2018 by Jamee Villa
CalPERS
A message from CalPERS:
Dear Valued Stakeholders,
As you know, many Californians have been impacted by the Camp (Butte County), Hill (Ventura County) and Woolsey (Los Angeles County) wildfires. To address potential concerns about health coverage for members, HPAD reached out to our health plans to ensure their readiness and business continuity.
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Posted Oct 04, 2018 by Jamee V
CalPERS
Nearly 200 Southern California retirees who lost a share of their pensions last year didn’t know their retirement income was at risk until it was too late. By the time they heard from CalPERS, their former employer had long since quit paying its bills and set up an inevitable decision for the pension fund to cut their benefits.
A new bill Gov. Jerry Brown signed last week aims to at least ensure that public workers and retirees have some time to protest if their former employer moves to break from the California Public Employees’ Retirement System in a way that would jeopardize their incomes.
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Posted Sep 14, 2018 by Jamee V
CalPERS
A message from CalPERS:
Dear Valued Stakeholders,
In the recent months, the topic of Ambulatory Surgery Centers, or ASCs, has been discussed. We invite you to join us for an engaged dialogue next Thursday, September 20th regarding ASCs. We will have senior members of our Health team hosting this meeting to be able to educate and answer any questions or concerns regarding these Centers.
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Posted Sep 05, 2018 by Jamee V
CalPERS
CalPERS members affected by the Blue Shield Access+ Bay Area exit have the option of enrolling in several other health plans. And through conversations with their providers, most members will find their doctors are in-network under other CalPERS plans.
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Posted Aug 13, 2018 by Jamee V
CalPERS
This year’s 2018-19 Open Enrollment Newsletter is the most comprehensive issue that provides health program highlights, notable health premium updates, service area changes and PPO benefit changes. [Read More...]
Posted Aug 01, 2018 by Jamee V
CalPERS
If you're eligible to receive a pension from an employer(s) who didn't withhold Social Security taxes from your earnings, the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) may reduce your Social Security benefit.
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Posted Jul 31, 2018 by Jamee V
CalPERS
Attention Members: PERSCare members received a letter indicating the 2019 Health Premiums were enclosed. Unfortunately, the letter did not include the enclosures
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Posted Jun 07, 2018 by Jamee V
CalPERS
Please see the attached memo from our Legislative Advocate, Ted Toppin regarding CSR’s primary election results.
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Posted May 15, 2018 by Jamee V
CalPERS
Please consider supporting CSR endorsed candidates in the 2018 elections. If you have any questions, please contact CSR at CSRinfo@CalRetirees.org or 916.326.4292.
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Posted Apr 25, 2018 by Jamee V
CalPERS
Future state workers, your pension cost-of-living adjustments are safe and you won’t get to choose between a CalPERS pension and a 401(k) plan anytime soon. Both proposals were shot down on Monday by a Senate committee that rejected a pack of bills aimed at reducing the risk taxpayers face if an economic crisis cripples the state’s public pension funds.
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Posted Mar 19, 2018 by Jamee V
CalPERS
Call it the Loyalton effect.
CalPERS’ decision in late 2016 to slash pensions for four retirees from the tiny mountain town startled the state’s public workers so much that their confidence in the $354 billion fund began to plunge to its lowest level in five years.
It showed in an annual survey conducted by the California Public Employees’ Retirement System that gauges how public employees, retirees, and local government leaders feel about the state’s largest pension system.
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Posted Mar 15, 2018 by Jamee V
CalPERS
The Centers for Medicare and Medicaid Services (CMS) is taking a major step to help people with Medicare protect their identities from theft and fraud. CMS is removing Social Security numbers from current Medicare ID cards and replacing them with a unique Medicare number that does not contain a Social Security number.
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Posted Mar 12, 2018 by Jamee V
CalPERS
No issue in America today better illustrates the divergent interests of working Americans and the 1 percent than pension reform. Substantial empirical evidence shows that America’s favored retirement vehicle — the 401(k), recently renounced by its own inventors — is grossly inadequate and will leave tens of millions of Americans with insufficient retirement assets. And yet states and cities are busy converting traditional pensions into these failing 401(k)s or equivalents, to the great benefit of money managers and the finance class.
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Posted Feb 14, 2018 by Jamee V
CalPERS
For the first time in years, CalPERS is stable enough that it no longer expects to run deficits into the middle of the century.
Though still underfunded, the $345 billion pension fund has a better financial outlook because it’s collecting more money from employers and making the most of recent stock market gains, its chief investment officer said on Monday. That should help it avoid scenarios where it has to sell investment assets to pay pensions.
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Posted Jan 16, 2018 by Jamee V
CalPERS
Petaluma, CA - The CalPERS Board of Administration elected Priya Mathur as board president and Rob Feckner as vice president. Mathur is the first female elected president of the CalPERS board. This will be her first term. Feckner previously served as board president and vice president.
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Posted Dec 12, 2017 by Jamee V
CalPERS
Sacramento, CA - Margaret Brown was declared the unofficial winner today of the runoff election for a Member-at-Large seat on the CalPERS Board of Administration. New members' four-year terms begin January 16, 2018.
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Posted Dec 08, 2017 by Jamee V
CalPERS
SACRAMENTO, CA - The California State Personnel Board (SPB) has re-elected Richard Costigan as its representative to the California Public Employees' Retirement System Board of Administration.
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