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Long-term care benefits. California's "Public Employees' Long-Term Care Act," as passed in 1990 and amended in 1996, led to CalPERS' administering a Long-Term Care Program for "California public employees and retirees, as well as their spouses, parents, parents-in-law, adult children and adult siblings between the ages of 18 and 79."
The primary mission of CSU-ERFSA is the protection of pension and health care benefits for both active and retired California State University faculty and staff members. [1] CSU-ERFSA represents the interests of its members before the California State Legislature, various state and federal agencies, CalPERS, and the California State University ...
The CalPERS Board of Administration approved new restrictions Tuesday on how long retired public employees may work without giving up pension payments. The board set an initial two-year limit ...
CalSTRS.com. The California State Teachers' Retirement System ( CalSTRS) provides retirement, disability and survivor benefits for California's 965,000 prekindergarten through community college educators and their families. [1] CalSTRS was established by law in 1913 and is part of the State of California's Government Operations Agency.
The loss left the fund with a year-end value of $440 billion, or 72% of what it would need to pay all its long-term obligations. That’s down from 80% a year ago, when the fund was worth $469 ...
The California Public Employees' Retirement System, better known as CalPERS, is the nation's largest pension fund, with $234 billion under management. A 9% average annual investment return also ...
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