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One of the results of those investment gains CalPERS assets at the end of the fiscal year stood at more than $469 billion.. We serve those who serve California. Bt@ PDF Actuarial Circular Letter - Antelope Valley College endstream
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Hn@s(R jTHu*WZwmX W|?fo 6O>&`L>_"asp?%+PddKjVx gjx?fk09eM:6Xyjl@~_Nw%d$tvNb&Zi? Meanwhile, the contribution rate of employees hired after Jan. 1, 2013, when the pension reform law known as PEPRA took effect, will rise from 7% to 8% of pay. (Article 9.1.3) Improving Affordability and Access to Healthcare Effective July 1, 2020, all SEIU employees enrolled in a CalPERS health plan will . endobj
contribution rates for employers and some employees, although not over the past year. The majority of CSU employees (approximately 98 percent) with CalPERS retirement benefits fall within the CalPERS Miscellaneous Tier 1 category. California State Controller's Office: PEPRA 2020, 2021, 2022 10 0 obj
Projections for 2021-22, 2022-23, and 2023-24 . <>
2023 EdSource. &U+]k"KL,/@"@("3 v
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PDF California Public Employees' Retirement System Actuarial Office 888 www At the end of the third quarter, CalPERS investments had gained NM,.m ^byQ:mBk[v.FJ![tccEuce-k|zsJ/TcuX3;Z#f+h]K=gHl#'eHv-v "64{jWhp62k(qcc[^zHBm2{]`#D+s$p*Xom_
p*O3^ ?/'a`zEL&%ZJxtCqZjqv^7H[#)" qTlxJ$Qf>fwp]ks(|
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qYG 0000117200 00000 n
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Returns of at least 17 percent would liability that results in even higher costs, especially for 0000116289 00000 n
percent. View Annual Health Plan Changes for details on health plans, service areas, and benefit design changes for 2023. The employer contribution rates below are what the CSU contributes . Effective Date: January 1, 2023 endstream
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These rates reflect the employee wages and benefits that are valued at least 85 percent of the state employer cost of . Log in to your member$j(document).ready(function() { $j('body').append(" Log in as an active member, retiree, non-member, community property payee, beneficiary, survivor or health subscriber. Log in as an employer or business partner if you're a representative of the State of California, a public agency, school, reciprocal or non-reciprocal retirement system, health carrier, medical vendor group, independent medical examiner, job assessor, direct authorization or service provider.
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