PEPRA (A.B. 340)

PEMHCA Administration Fee Rate for 2016/17 Published by CalPERS - 6/8/16

The CalPERS Board of Administration set the PEMHCA administration fee, as a percentage of total premiums, to 0.31%

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2016 PEPRA Compensation Limits remain $117,020 and $140,424

The 2016 PEPRA Compensation limits remain $117,020 and $140,424, based on a nonbinding calculation by the California Actuarial Advisory Panel (CAAP).

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2015 PEPRA Compensation Limits are $117,020 and $140,424

The 2015 PEPRA Compensation limits are $117,020 and $140,424, based on a nonbinding calculation by the California Actuarial Advisory Panel (CAAP).

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PEPRA Summary for '37 Act Counties

Provisions, Issues, and comparison of benefits

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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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2014 PEPRA Compensation Limits are $115,064 and $138,077

The 2014 PEPRA Compensation limits are $115,064 and $138,077, based on a nonbinding calculation by the California Actuarial Advisory Panel (CAAP).

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PEPRA Amendments Proposed-Update

Four Bills have been introduced proposing to amend AB340 and PEPRA rules

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California Actuarial Advisory Panel Request for Legislation to Address Certain Aspects of Pension Reform (Assembly Bill 340) 11/5/2012

The California Actuarial Advisory Panel has written to Legislative Committees in support of Pension Reform (PEPRA) but identifying certain areas where clarification and amendment is needed. The letter details 6 areas of uncertainty and makes recommendations for each. Request for Legislation to Address Certain Aspects of Pension Reform

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