CSR | Political Activity

CalPERS Board elects committee chairs and vice chairs

Posted Feb 19, 2015 by newspaper editor    0 Comment(s)  0 Likes Like Dislike

CalPERS Board Elects Committee Chairs and Vice Chairs

SACRAMENTO, CA - The California Public Employees' Retirement System (CalPERS) Board of Administration has elected the following chairs and vice chairs of key board committees:

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U.S. ranks 19 among 150 countries for retirement

Posted Feb 19, 2015 by newspaper editor    0 Comment(s)  0 Likes Like Dislike

The 2015 Natixis Global Retirement Security Index put Switzerland at the No. 1 spot in its annual ranking of the well-being and “life conditions” that pre-retirees and retirees can expect across 150 countries. The prospects for current and aspiring retirees in America is less good: The U.S. is stuck at No. 19, where it’s been for the past three years. That means it beat out No. 20, Slovenia (hurray!), but trails countries including Luxembourg, Iceland, and Belgium.

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Anthem Blue Cross Information

Posted Feb 13, 2015 by newspaper editor    0 Comment(s)  0 Likes Like Dislike

Here is the link to the Anthem Blue Cross information page regarding the data breach and services being provided by Anthem Blue Cross.

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CSR Legislative Report

Posted Feb 09, 2015 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.

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Lawsuits filed over Anthem data breach

Posted Feb 09, 2015 by newspaper editor    0 Comment(s)  0 Likes Like Dislike

Class-action lawsuits have been filed in California and two other states against health insurer Anthem over a data breach affecting about 80 million customers, former customers and employees, Modern Healthcare reports.

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Turbo Tax reports data breach, suspends online filings

Posted Feb 06, 2015 by newspaper editor    0 Comment(s)  0 Likes Like Dislike

WALL STREET JOURNAL -- The nation’s biggest online tax-software company halted electronic filing of all state returns amid reports from states of criminal attempts to obtain refunds through its systems.

Intuit said its TurboTax unit took action Thursday after seeing attempts to use stolen personal information to file fraudulent returns for tax refunds.

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Massive breach at Anthem Insurance Company

Posted Feb 05, 2015 by newspaper editor    0 Comment(s)  0 Likes Like Dislike

 As many as 80 million customers of the nation's second-largest health insurance company, Anthem Inc., have had their account information stolen, the company said in a statement.

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Governor's health proposal could hurt retirees

Posted Feb 05, 2015 by newspaper editor    0 Comment(s)  0 Likes Like Dislike

If you’re a state retiree or planning to become one, a piece of Gov. Jerry Brown’s 2015-16 budget proposal could hit your wallet.

The governor’s plan envisions a new high-deductible, lower-premium health insurance policy for state workers. It would be paired with a tax-advantaged health savings account and take effect Jan. 1, 2016.

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Feckner and Jones are elected as CalPERS president and vice president

Posted Jan 21, 2015 by newspaper editor    0 Comment(s)  0 Likes Like Dislike

The California Public Employees' Retirement System (CalPERS) Board of Administration unanimously re-elected Rob Feckner as Board president and elected Henry Jones as vice president. Feckner will be serving his 11th term as president, while it will be Jones' first vice presidential term.

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Figure in CalPERS corruption case apparently commits suicide

Posted Jan 14, 2015 by newspaper editor    0 Comment(s)  0 Likes Like Dislike

In failing health and facing up to 30 years in prison, businessman Alfred Villalobos apparently committed suicide before going on trial in connection with the bribery scandal at CalPERS.

Villalobos’ attorneys, appearing at a pre-trial hearing in U.S. District Court on Wednesday, disclosed that Villalobos died the day before. His death ends the government’s criminal case against the Nevada businessman –and largely closes the books on a corruption scandal that roiled the nation’s largest public pension fund.

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