CalPERS Responds

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.


Apr
4
2013
  CalPERS Statement on Resignation of HP Chair and Two Directors

The California Public Employees' Retirement System (CalPERS) today issued the following statement about the resignation of Hewlett Packard (HP) Chair Raymond Lane and Directors John Hammergren and G. Kennedy Thompson:

"CalPERS welcomes ...

 
Mar
4
2013
  CalPERS Responds to Media Reports on Long-Term Care Program Rate Increases

The Bee and other media appear to be pandering to the sensational ("CalPERS Accused of Flim...

 
Feb
21
2013
  CalPERS Long-Term Care Program & Premium Increases
There has been a lot of interest in the CalPERS Long-Term Care (LTC) Program, especially since the CalPERS Board of Administration (Board) took action in 2012 to help stabilize the LTC Fund by implementing a number of measures, one of which necessita...
 
Feb
15
2013
  Who Pays for CalPERS Pensions?

A recent update of income amounts through June 30, 2012 shows that CalPERS investments now pay 64 cents of every dollar in pensions paid. In addition to investment income, each dollar paid to CalPERS pensioners comes from employer and member contr...

 
Jan
29
2013
  Media Discounts CalPERS Role as a Long-Term Investor

Moody’s is considering a new way of evaluating public pension liabilities, and it is making a splash in the press. Both the OC Register and the Sacramento Bee’s Dan Walters are attempting to predict the fallout if this were to occur. W...

 

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