CSR | Political Activity

Medicare Changes ID Cards to Prevent Fraud

Posted Mar 15, 2018 by Jamee V    0 Comment(s)  0 Likes Like Dislike

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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The New York Times | ​​​​​​​The Real Reason the Investor Class Hates Pensions

Posted Mar 12, 2018 by Jamee V    0 Comment(s)  0 Likes Like Dislike

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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Pension fund hits milestone: It’s earning more money than it’s paying out

Posted Feb 14, 2018 by Jamee V    0 Comment(s)  1 Likes Like Dislike

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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CalPERS Board Elects Priya Mathur as President, Rob Feckner as Vice President

Posted Jan 16, 2018 by Jamee V    0 Comment(s)  0 Likes Like Dislike

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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Brown Wins CalPERS Board Seat in Runoff; Joins Miller on Board

Posted Dec 12, 2017 by Jamee V    0 Comment(s)  0 Likes Like Dislike

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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Richard Costigan Re-Elected to CalPERS Board

Posted Dec 08, 2017 by Jamee V    0 Comment(s)  0 Likes Like Dislike

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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California DMV to Offer REAL ID Driver Licenses and ID Cards in 2018

Posted Nov 20, 2017 by Jamee V    0 Comment(s)  -11 Likes Like Dislike

The California Department of Motor Vehicles (DMV) will begin offering the option to apply for a federally compliant REAL ID driver license or identification (ID) card beginning January 22, 2018, at DMV offices statewide. Californians may choose either a REAL ID or a federal non-compliant card.

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CSR | Elections

Posted Nov 06, 2017 by Jamee V    1 Comment(s)  0 Likes Like Dislike

Please note: CSR has an upcoming election.

The Chapter Officers & Delegates Election is for new 3 year terms in all 26 chapters.

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CalPERS Board Member-at-Large Election Results

Posted Oct 05, 2017 by Jamee V    0 Comment(s)  0 Likes Like Dislike


David Miller was declared the unofficial winner of Position A on the CalPERS Board of Administration, while Position B will go to a runoff election next month because no candidate received a majority of the votes cast.

In the vote for the Position B seat, the top two vote-getters, Incumbent Michael Bilbrey and challenger Margaret Brown, will face each other in a runoff election.

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Charles Asubonten Named as CFO of CalPERS

Posted Sep 20, 2017 by Jamee V    0 Comment(s)  0 Likes Like Dislike

The California Public Employees' Retirement System (CalPERS) named Charles A. Asubonten as its chief financial officer (CFO) to oversee all of its financial systems and risk programs of the $336 billion pension fund.

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