CSR | Political Activity

CalPERS is Ahead of the Fed in Calculating Liabilities

Posted Feb 14, 2019 by Jamee Villa    0 Comment(s)  0 Likes Like Dislike

A commentary authored by Dan Walters ("Could California pension system be underwater?," February 3, CalMatters) has raised some questions among employers that participate in CalPERS about how the pension system calculates unfunded liabilities. At issue is a new methodology adopted by the Federal Reserve last year that increased unfunded liabilities for state and local government plans to more than $4 trillion. Walters loosely throws around government actuarial speak so let us break it down.

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FYI – Health Plan Alert – Anthem Blue Cross HMO Termination of Sutter Health Medical Group

Posted Feb 04, 2019 by Jamee Villa    0 Comment(s)  0 Likes Like Dislike

CalPERS is sharing this information regarding a change in health provider access that may impact CSR members if they have the Anthem Blue Cross HMO plan.  

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A message from CalPERS | Enloe Medical Center (Chico area)

Posted Jan 25, 2019 by Jamee Villa    0 Comment(s)  0 Likes Like Dislike

*This message is from CalPERS*

Anthem is actively negotiating their contract with Enloe Medical Center, located in the city of Chico and Butte County.

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CSR ANNOUNCEMENT: TEMPORARY DISRUPTION OF SERVICES 

Posted Jan 25, 2019 by Jamee Villa    0 Comment(s)  0 Likes Like Dislike

CSR ANNOUNCEMENT: TEMPORARY DISRUPTION OF SERVICES 

5:00 PM THURSDAY JANUARY 31 - through - 8:00 AM MONDAY FEBRUARY 4

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CalPERS Board Elects Henry Jones as President, Theresa Taylor as Vice President

Posted Jan 23, 2019 by Jamee Villa    0 Comment(s)  0 Likes Like Dislike

ROHNERT PARK, Calif. – The CalPERS Board of Administration elected Henry Jones as board president and Theresa Taylor as vice president. Jones is serving his third term on the CalPERS Board and first term as its president.

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CalPERS Camp Fire

Posted Dec 07, 2018 by Jamee Villa    0 Comment(s)  0 Likes Like Dislike

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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California must keep its promise to our public servants, says CalPERS CEO Marcie Frost

Posted Dec 03, 2018 by Jamee Villa    0 Comment(s)  0 Likes Like Dislike

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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Update | CalPERS FAQS: Camp, Hill and Woolsey Fires

Posted Nov 13, 2018 by Jamee Villa    1 Comment(s)  0 Likes Like Dislike

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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CalPERS | FAQs on Camp, Hill and Woolsey Wildfires

Posted Nov 09, 2018 by Jamee Villa    0 Comment(s)  0 Likes Like Dislike

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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Worried about CalPERS? Three new laws could protect workers, governments.

Posted Oct 04, 2018 by Jamee V    1 Comment(s)  0 Likes Like Dislike

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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