CalPERS members affected by the Blue Shield Access+ Bay Area exit have the option of enrolling in several other health plans. And through conversations with their providers, most members will find their doctors are in-network under other CalPERS plans.
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This year’s 2018-19 Open Enrollment Newsletter is the most comprehensive issue that provides health program highlights, notable health premium updates, service area changes and PPO benefit changes. [Read More...]
If you're eligible to receive a pension from an employer(s) who didn't withhold Social Security taxes from your earnings, the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) may reduce your Social Security benefit.
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Attention Members: PERSCare members received a letter indicating the 2019 Health Premiums were enclosed. Unfortunately, the letter did not include the enclosures
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Please see the attached memo from our Legislative Advocate, Ted Toppin regarding CSR’s primary election results.
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Please consider supporting CSR endorsed candidates in the 2018 elections. If you have any questions, please contact CSR at CSRinfo@CalRetirees.org or 916.326.4292.
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Future state workers, your pension cost-of-living adjustments are safe and you won’t get to choose between a CalPERS pension and a 401(k) plan anytime soon. Both proposals were shot down on Monday by a Senate committee that rejected a pack of bills aimed at reducing the risk taxpayers face if an economic crisis cripples the state’s public pension funds.
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Call it the Loyalton effect.
CalPERS’ decision in late 2016 to slash pensions for four retirees from the tiny mountain town startled the state’s public workers so much that their confidence in the $354 billion fund began to plunge to its lowest level in five years.
It showed in an annual survey conducted by the California Public Employees’ Retirement System that gauges how public employees, retirees, and local government leaders feel about the state’s largest pension system.
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The Centers for Medicare and Medicaid Services (CMS) is taking a major step to help people with Medicare protect their identities from theft and fraud. CMS is removing Social Security numbers from current Medicare ID cards and replacing them with a unique Medicare number that does not contain a Social Security number.
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No issue in America today better illustrates the divergent interests of working Americans and the 1 percent than pension reform. Substantial empirical evidence shows that America’s favored retirement vehicle — the 401(k), recently renounced by its own inventors — is grossly inadequate and will leave tens of millions of Americans with insufficient retirement assets. And yet states and cities are busy converting traditional pensions into these failing 401(k)s or equivalents, to the great benefit of money managers and the finance class.
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