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The CalPERS Board of Administration set the PEMHCA administration fee, as a percentage of total premiums, to 0.33%
At its June 2013 meeting, the CalPERS Board approved the 2014 PEMHCA 100/90 State Annuitant Rates
At its June 2013 meeting, the CalPERS Board approved the 2014 PEMHCA medical premiums
CalPERS Rate Changes Approved and More Expected
CalPERS Recommends Changes to Funding Policy
CalPERS Announces PEMHCA Minimum Contribution for 2014.
Alan Milligan, CalPERS Chief Actuary, made a presentation to CSMFO on February 22nd, preceded by a CalPERS Board workshop on the 21st. The presentation discussed potential changes to the contribution methodology that will likely result in much higher contribution rates and higher volatility in normal years but much less contribution volatility for extreme events. These would likely first impact FY 15/16 contribution rates.
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