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 ...

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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 ...

CalPERS says in its petition to the 2nd District Court of Appeal that winning the case would actually harm people who bought the plan because the pension fund would be compelled to more than double ...

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 ...