CalPERS Responds

Archive - Issues Updates - February 2012



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...

 
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...

 
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.

After embarking on a nearly yearlong process with the Board working c...

 
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...

 
Feb
2
2012
  Breakdown of Average Benefit Payments

The 2011 Comprehensive Annual Financial Report is available to download. This ...

 


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