CalPERS Responds

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Issues Update - Pensions

San Bernardino Bankruptcy Status Report
June 6, 2013
CalPERS filed a June 5 status report in United States Bankruptcy Court describing progress and desired next steps in the San Bernardino bankruptcy case.
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Gain Insight on Pensions and Municipal Bankruptcy with Peter Mixon
May 7, 2013
Gain Insight on Pensions and Municipal Bankruptcy with Peter Mixon
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Lou Paulson Op-Ed Puts Pension Obligations in Perspective
May 3, 2013
Lou Paulson Op-Ed Puts Pension Obligations in Perspective
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New Policies Aim to Protect the Integrity Of the System
April 30, 2013
New Policies Aim To Protect The Integrity Of The System
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Muniland’s Cate Long Fails in Her CalPERS Analysis
April 30, 2013
Muniland’s Cate Long Fails in Her CalPERS Analysis
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Issues Update - Health Care

Benefit Audits a Win-Win for Employers and Employees
June 7, 2013
In an editorial to The Bakersfield Californian, human resources consultant Holly Culhane outlines the benefits of conducting regular health benefit audits
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CalPERS Reviews Health Enrollment Rosters for Ineligible Dependents
May 7, 2013
CalPERS Reviews Health Enrollment Rosters for Ineligible Dependents
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New Program Provides Insight on Long-Term Care Rate Increases
May 1, 2013
New Program Provides Insight on Long-Term Care Rate Increases
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Changes to Long-Term Care Program are Both Reasonable and Responsible
April 11, 2013
Linda Messick’s reaction to premium increases in the CalPERS Long-Term Care (LTC) Program is understandable, but I’d like to take a moment to clarify a few things.
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CalPERS Responds to Media Reports on Long-Term Care Program Rate Increases
March 4, 2013
The Bee and other media appear to be pandering to the sensational (
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Issues Update - Investments

CalPERS Statement on Resignation of HP Chair and Two Directors
April 4, 2013
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.
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Media Discounts CalPERS Role as a Long-Term Investor
January 29, 2013
Moody’s is considering a new way of evaluating public pension liabilities, and it is making a splash in the press.
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CalPERS Sees Need for Independent Chair at JP Morgan
May 15, 2012
CalPERS is supporting a shareowner proposal at JP Morgan’s annual shareowners meeting today saying that an independent chair would “be able to exercise stronger oversight of management.”
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CalPERS Airs Concerns About Citigroup CEO Pay on PBS Newshour
April 19, 2012
CalPERS was among a number of Citigroup shareowners that publicly rebuffed Citigroup’s executive pay package at their annual meeting this week.
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CalPERS to Consider Decrease in Assumed Rate of Investment Returns
March 9, 2012
On Tuesday, March 13 CalPERS Chief Actuary Alan Milligan will recommend that the CalPERS Pension and Health Benefits Committee consider a drop in the assumed rate of investment returns from 7.75 percent to 7.25 percent.
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