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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 ...

The California Public Employees’ Retirement System (CalPERS) has a new pharmacy benefits contract with CVS Caremark, the group announced Tuesday. Prescription drug benefits will be available for ...

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 ...

The California Public Employees’ Retirement System, or CalPERS, headquarters buildings are photographed Thursday, Sept. 16, 2021, in downtown Sacramento. Xavier Mascareñas [email protected] Over ...

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 ...

More generous-than-expected raises for California state workers are nudging up the cost of public employee pensions, according to the California Public Employees’ Retirement System. But, for one year, ...