CSR | Political Activity

Retired public workers can count on promised benefits, court says

Posted Nov 22, 2011 by newspaper editor    2 Comment(s)  8 Likes Like Dislike

Health benefits for government retirees may not be eliminated if state and local governments had clearly promised workers those benefits, the California Supreme Court ruled in an Orange County case Monday.

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Half of Californians will retire in or near poverty

Posted Oct 06, 2011 by newspaper editor    0 Comment(s)  2 Likes Like Dislike

    Approximately half of California workers will retire in or near poverty, according to a study published Monday by the UC Berkeley Center for Labor Research and Education.  [Read More...]



Study: Public, private workers' retirement wealth roughly equal

Posted Oct 06, 2011 by newspaper editor    0 Comment(s)  -1 Likes Like Dislike

    A new study by the Center for Retirement Research and Boston College refutes the notion that state and local government workers as a group end up a lot richer than their private sector counterparts.  [Read More...]



Open Enrollment runs Oct. 10 to Nov.4

Posted Oct 05, 2011 by newspaper editor    0 Comment(s)  0 Likes Like Dislike

    The time for CalPERS members to make changes to their health plan or add eligible family members begins Oct. 10 and continues through Nov. 4. In mid-August, CalPERS Open Enrollment packets were mailed to eligible members. [Read More...]



Press Release

Posted Oct 05, 2011 by    0 Comment(s)  0 Likes Like Dislike

California’s largest state retiree organization has a new name and a new attitude about standing up to public pension critics [Read More...]



Californians’ retirement prospects grim, forecasts new research

Posted Oct 04, 2011 by newspaper editor    0 Comment(s)  0 Likes Like Dislike

    Nearly half of California workers will retire in or near poverty, shows a new study released by the University of California, Berkeley’s Center for Labor Research and Education, "California Workers’ Retirement Prospects." 
    While retirement security is and will be a problem in the whole of the nation, the situation is worse in California, because California workers have less access to employer retirement plans than workers in the United States as a whole, according to the study authors.
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Plan to fix its finances thrown into jeopardy.

Posted Sep 28, 2011 by    0 Comment(s)  0 Likes Like Dislike

Faced with a growing pension burden, Los Angeles Mayor Antonio Villaraigosa and the City Council moved this summer to freeze the amount of healthcare benefits given to thousands of police and firefighters once they retire. Those benefits would not increase in coming years, Villaraigosa said, unless employees contribute more toward retirement from their paychecks. [Read More...]



Services Available During Conversion of my|CalPERS Central

Posted Sep 09, 2011 by newspaper editor    1 Comment(s)  1 Likes Like Dislike

CalPERS Sept. 7, 2011 -- CalPERS is consolidating 49 different computer systems into one new integrated system this September. This new system will streamline many CalPERS processes as well as decrease dependency on paper documents. New member self-service capabilities will be introduced in 2012.
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CalPERS Ambassador Recruitment meeting scheduled for Nov. 4

Posted Sep 09, 2011 by newspaper editor    1 Comment(s)  0 Likes Like Dislike

CalPERS, Sept. 9, 2011

On November 4, 2011, the CalPERS Office of Stakeholder Relations will host a second Northern California recruitment meeting to identify CalPERS beneficiaries for the CalPERS Ambassador Program. The November 4 meeting is a repeat of the popular kick-off meeting held in Sacramento on May 26.

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Assembly throws in towel on public pension reform -- for now

Posted Sep 09, 2011 by newspaper editor    2 Comment(s)  1 Likes Like Dislike

Sacramento Bee Sept. 8, 2011 --Lawmakers essentially threw in the towel Thursday on comprehensive public pension reform - at least for now.

With this year's legislative session scheduled to end at midnight today, the Assembly voted 51-21 to approve a last-minute bill declaring its commitment to pension reform but conceding that more time is needed.

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