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 health insurance policyholders will likely see their premiums grow by more than 11% on average next year, according to preliminary prices that the board of the nation’s largest pension will ...

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 ...