CSR | Legislative Activity
Articles for category Retirement

CalPERS candidate forum is set for Sept. 5

Posted Aug 28, 2013 by newspaper editor    1 Comment(s)  0 Likes Like Dislike

    The public is invited to learn more about the candidates running for Seat A and Seat B on the CalPERS Board of Administration by attending a candidate forum from 3 to 5 p.m., Thursday, Sept. 5, in the Robert C. Carlson Auditorium at  CalPERS Headquarters in Sacramento.

     Ballots were mailed Aug. 30 to the home addresses of CalPERS members eligible to vote in the election for the two open member-at-large positions. The voting period runs through Sept. 27 – the deadline for returning ballots to CalPERS.

[Read More...]



CSR Legislative Report

Posted Aug 27, 2013 by newspaper editor    0 Comment(s)  0 Likes Like Dislike

The following PDF is a list of Bills that CSR is supporting, opposing, or watching.

[Read More...]



CSR to fight pension data release by CalPERS

Posted Jul 11, 2013 by newspaper editor    0 Comment(s)  5 Likes Like Dislike

California State Retirees (CSR) – the largest state retiree organization in California – announced today that it is seeking legislation to limit the amount of pension information currently available through CalPERS under the Public Records Act.

“We understand that some public information must be released by law, but we do not support a pension data system like what CalPERS had proposed because it would have revealed much more than just how much a retiree’s pension is,” said California State Retirees President Tim Behrens. “Most of the 33,000 members in our organization are elderly and many are vulnerable. Releasing even just their name can make them targets for identity theft and harassing marketers and scammers.”

[Read More...]



CSR Board hikes dues for top retirees

Posted Dec 04, 2012 by newspaper editor    0 Comment(s)  2 Likes Like Dislike

Retirees who receive $4,000 or more in their monthly retirement warrants will see a $2 hike in their CSR dues payment beginning Jan. 1, 2013.

Dues will stay the same for CSR members who make less than $4,000 a month. It has been more than a decade since CSR raised dues for any of its members.

[Read More...]



CSR suggests candidates in the Nov. 6 election

Posted Oct 19, 2012 by newspaper editor    0 Comment(s)  0 Likes Like Dislike

The California State Retirees Board of Directors is endorsing the following candidates in the Nov. 6 General Election.

Recommendations were made to the board by the CSR Political Action Committee (PAC), which considers each candidate’s voting record on issues such as protecting pensions and health benefits for state retirees.

[Read More...]



CalPERS approves long-term care premium increase

Posted Oct 18, 2012 by newspaper editor    1 Comment(s)  0 Likes Like Dislike

      The California Public Employees’ Retirement System (CalPERS) Board of Administration Oct. 17 approved an 85 percent premium increase for early purchasers of its Long-Term Care (LTC) Insurance Program policies. The increase, to be spread over two years, is being implemented to help stabilize the program’s underlying Long-Term Care Fund and will take effect July 2015.

      Members who opt to cover the increase in a single year will pay only 79 percent. Policyholders affected by the increase purchased two types of policies between 1995 and 2004: policies with lifetime benefits with inflation protection, and policies with lifetime benefits without inflation protection (California Partnership policies will be excluded).

[Read More...]



CalPERS weighs huge premium hike for long-term care

Posted Oct 04, 2012 by newspaper editor    2 Comment(s)  -2 Likes Like Dislike

It's an old-age safety net offered to California public employees: insurance to cover the exorbitant cost of staying in nursing homes, assisted-living facilities and the like.

Now most of the 150,000 or so Californians who buy long-term care insurance from CalPERS are facing what could be a big rate hike.

CalPERS is considering imposing a 75 percent increase in premiums on the vast majority of its long-term care policyholders. They would pay hundreds of dollars a year more – thousands, in some cases – as the California Public Employees' Retirement System tries to fix financial holes in the program.

[Read More...]



Steinberg: Lawmakers consider cap on pensions, not hybrid

Posted Aug 27, 2012 by newspaper editor    0 Comment(s)  0 Likes Like Dislike

Lawmakers charged with overhauling California's state and local public pension law are considering a plan to cap defined benefit pensions that would not include a second 401(k)-style component common in so-called "hybrid" retirement plans. "There will be a cap," Senate President Pro Tem Darrell Steinberg, D-Sacramento, during a hallway press conference this afternoon with Capitol reporters.

[Read More...]



Media is wrongly hyping pensions as a cause of city bankruptcies

Posted Aug 08, 2012 by newspaper editor    1 Comment(s)  1 Likes Like Dislike

The Sacramento Bee
By Rob Feckner

If there is one thing I have learned in my time on the CalPERS board it's this – a little perspective goes a long way. This is especially true when it comes to the news coverage of CalPERS' recently announced investment returns for last fiscal year and the criticism of pensions in municipal bankruptcies. Let me offer a little perspective.

Last fiscal year, CalPERS earned a 1 percent return on our investments. The news has caused some people, including the media, to claim that the sky is falling and to demand that CalPERS "get real" and lower our investment assumptions. A few people have even personally blamed our investment staff.
[Read More...]



Legislators take on pension reform

Posted Aug 06, 2012 by newspaper editor    0 Comment(s)  0 Likes Like Dislike

After a monthlong break, the Legislature returns to work at the Capitol on Monday to take on one of the Golden State's thorniest issues: public employee pensions.

The Senate and Assembly have just four weeks to vote on hundreds of bills before the two-year session concludes at the end of the month, but the main focus will be on changing the pension compensation system.

Just what those changes will entail is unclear. Gov. Jerry Brown has proposed increasing the retirement age and creating a hybrid system that includes a 401(k)-style benefit, among other things, but lawmakers have yet to approve those or anything else.
After a monthlong break, the Legislature returns to work at the Capitol on Monday to take on one of the Golden State's thorniest issues: public employee pensions.

[Read More...]



1 ... 3 4 5 6 7 8 9 10 11 12

CSR is the largest, most experienced organization exclusively representing state government retirees!

 

Find Us

California State Retirees
3000 Advantage Way Sacramento, CA 95834

Contact Us

888.808.7197
916.326.4292
csrinfo@calretirees.org
Fax 916.326.4201

Follow Us

 
 

Hear From Us