CalPERS is preparing to pay out roughly $800 million to settle claims that it misled retirees when it began offering long-term care insurance in the late 1990s and pledged it wouldn’t substantially ...

CalPERS is seeking to discontinue benefits for tens of thousands of individuals that officials believe are mistakenly or fraudulently receiving health insurance through the pension fund, the ...

The California Public Employees’ Retirement System is making a drastic change to one of its major health insurance plans for the state’s employees and retirees: It’s switching health insurance ...

Every four years, California’s largest public pension fund undertakes a reevaluation process to balance its anticipated investment returns with the expected cost of benefits paid to retirees. This ...

CalPERS has suspended enrollment in its long term care insurance plans and is preparing for a rate hike as the coronavirus takes a toll on the plans. Health officials expect “significant premium ...