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.
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.
| Mar 22 2012 |
CalPERS Statement on Stockton's Mediation Process Anne Stausboll, Chief Executive Officer for the California Public Employees’ Retirement System (CalPERS), today issued the following statement on the City of Stockton’s mediation efforts: “As the City of Stockton announce... » Read More | Comments (0)
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| Mar 16 2012 |
CalPERS Releases Cost Analysis of Republican Pension Reform Proposal CalPERS today released its cost analysis of major provisions of the pension reform proposal introduced by Senators Berryhill, Cannella, Emmerson and Harman. The proposal, Senate Constitutional Amendment No. 13 (SCA 13), contains many elements simi... » Read More | Comments (7)
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| Mar 9 2012 |
CalPERS to Consider Decrease in Assumed Rate of Investment Returns 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. Additionally, the Chief Ac... » Read More | Comments (1)
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| 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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CalPERS is working hard to ensure the retirement and health security of our members, provide help to our employers, and manage our investments to meet our long-term liabilities. We hope this information provides education, insight, and clarity.
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