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 ...

When California announced the state’s popular PPO health insurance plans would be changing administrators from Anthem Blue Cross to Blue Shield of California and Included Health in 2025, Cassandra ...

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 ...

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 ...

The California Public Employees’ Retirement System has $180 billion in unfunded liabilities as of its latest report. To try to reduce this debt, the nation’s largest pension system recently approved a ...

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 ...