Today the CalPERS Board voted to approve the final proposed [Read More...]
Dear Valued stakeholders,
CalPERS Board President Henry Jones has resigned his position on the Board due to health concerns, effective Friday, January 21st. This includes his role as Board President and also as the representative elected by CalPERS retired members. The seat will remain vacant until filled.
This morning, the CalPERS Board elected Theresa Taylor as President and Rob Feckner as Vice President. Both will serve one-year terms.
The CalPERS Board of Administration today selected a new asset allocation mix that will guide the fund’s investment portfolio for the next four years, while at the same time retaining the current 6.8% target it assumes those investments will earn over the long term. The board also approved adding 5% leverage to increase diversification.
At CSR’s Delegate Assembly on October 20, former executive vice president Stephanie Hueg defeated incumbent Tim Behrens in the race for president. Elnora Hunter-Fretwell unseated Jay Jimenez as [Read More...]
David Miller and Jose Luis Pacheco are declared the unofficial election winners for the two Member-at-Large seats on the CalPERS Board of Administration.
Election results are considered unofficial until formal certification by the California Secretary of State, which is expected to occur in or around November.
Anthem Blue Cross reached an agreement with Dignity Health for both the HMO and PPO plans. This agreement returns Dignity facilities and providers to all Anthem health plan networks.
This [Read More...]