CalPERS Rate Changes Approved and More Expected

04-23-2013 |

CalPERS Rate Changes Approved and More Expected

At its April meeting, the CalPERS Board approved new rate smoothing and amortization methods as proposed by the Chief Actuary.  These changes will significantly increase public agency rates effective FY 2015/16.  Additional increases in rates are likely if the discount rate and mortality assumptions are changed in early 2014.  How will your rates be affected?

BA 13-04-23 CalPERS Rate Changes Approved and More Expected