Welcome to CalPERS Responds. This site is intended to educate, separate fact from fiction, and provide our response about issues related to pensions, investments, and health care.
| Feb 28 2012 |
Alan Milligan on Assumed Rate of Investment Returns The Public Retirement Journal recently sat down with Alan Milligan, CalPERS Chief Actuary, to discuss market conditions, CalPERS smoothing policy and his intention to bring new recommendations to the CalPERS Board in March on the Fund’s disc... » Read More | Comments (0)
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| Feb 15 2012 |
CalPERS Releases Cost Analysis on Creation of Hybrid Pension Plan CalPERS released an actuarial staff analysis outlining the costs associated with creating a hybrid pension plan for all new hires consistent with one of the goals outlined in Governor Jerry Brown’s Twelve Point Pension Reform Plan released i... » Read More | Comments (0)
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| Feb 14 2012 |
CalPERS Board Implements Governance Reforms The Board of Administration implemented changes to its committee structure this month as a result of a comprehensive review of governance policies and best practices. » Read More | Comments (0)
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| Feb 2 2012 |
Comparison of Defined Benefit, Defined Contribution and Hybrid Plans CalPERS today released a comparison of different retirement benefit plans to help further the discussion on pensions and understanding of plan designs. Descriptions of the defined benefit, defined contribution and four different types of hybrid pl... » Read More | Comments (0)
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| Feb 2 2012 |
Breakdown of Average Benefit Payments The 2011 Comprehensive Annual Financial Report is available to download. This ... » Read More | Comments (0)
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