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The California Employers’ Retiree Benefit Trust Fund was established by CalPERS in March 2007 to provide California public agencies with a cost-efficient, professionally managed investment vehicle for prefunding other post-employment benefits (OPEB) such as retiree health benefits. Prefunding reduces an agency's long-term OPEB liability.
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 ...
The CalPERS CEO encouraged members to contact the pension fund via phone and email with questions, but retirees say the pension fund shouldn’t place the onus on beneficiaries.
The Los Angeles County Employees Retirement Association (LACERA) is an independent Los Angeles County agency that administers and manages the retirement fund for the County and outside Districts (Little Lake Cemetery District, Local Agency Formation Commission for the County of Los Angeles, Los Angeles County Office of Education, and South Coast Air Quality Management District). [3]
Federal Employees Retirement System - covers approximately 2.44 million full-time civilian employees (as of Dec 2005).; Retired pay for U.S. Armed Forces retirees is, strictly speaking, not a pension but instead is a form of retainer pay. U.S. military retirees do not vest into a retirement system while they are on active duty; eligibility for non-disability retired pay is solely based upon ...
That’s down from 80% a year ago, when the fund was worth $469 billion. CalPERS is the largest public pension system in the U.S., providing pensions for about 2.1 million state and local ...
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 ...
CalPERS, the influential California pension fund, has voted to shake up the Disney board by backing the election of activist investors Nelson Peltz and Jay Rasulo who have waged a months-long ...