CalPERS

GASB OPEB Exposure Draft Comments

Bartel Associates submitted a comment letter to the Governmental Accounting Standards Board on their Exposure Drafts of new Statements on accounting for OPEB benefits.

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PEMHCA Administration Fee Rate for 2014/15 Published by CalPERS - 6/26/14

The CalPERS Board of Administration set the PEMHCA administration fee, as a percentage of total premiums, to 0.34%

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100/90 Annuitant Contribution Rates for 2015 Approved by CalPERS - 6/18/14

At its June 2014 meeting, the CalPERS Board approved the 2015 PEMHCA 100/90 State Annuitant Rates

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2015 and Historical CalPERS Medical Premiums

CalPERS Pension and Health Benefits Committee approved proposed 2015 healthcare premiums

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GASB Approves New OPEB and Pension Accounting Exposure Drafts

New accounting standards requiring recognition of unfunded OPEB and pension liabilities released as Exposure Drafts.

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New Actuarial Standards Will Increase OPEB Liabilities for PEMHCA Benefits

GASB 45 Liabilities for retiree medical benefits from large community-rated plans like CalPERS to increase 3/31/2015 per new actuarial standards.

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Minimum 2015 Health Benefit Announced 04/07/14 by CalPERS (PEMHCA)

CalPERS Announces PEMHCA Minimum Contribution for 2015.

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New CalPERS Assumptions Will Increase Rates

New demographic actuarial assumptions have significant impacts on contribution rates and may also increase certain Member contributions.

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