How are Christians received at a California public university? !R]cc8O\ E2KW$'A5K!Q@0c@#RG). The CalPERS board is expected to approve the new projected rates at its board meeting in April. 9 0 obj PDF CalSTRS Contribution Rate Increase Expected for 2021-22 1655 0 obj <> endobj Beginning January 1, 2023, Blue Shield EPO is available only in Alpine, Calaveras, Colusa, Inyo, Lake, Lassen, Mendocino, Modoc, Mono, Plumas, Siskiyou, Tehama, Tuolumne, Shasta, and Sierra Counties. The following table provides a ten-year overview of CalPERS employer-paid retirement contribution rates and adjustments from 2013-14 through 2022-23: COBRA premiums are calculated at 102% of the Basic premiums, but some carriers may charge less than these maximum amounts. CalPERS reports preliminary 21.3% investment returns for fiscal year *yLKsZN^~ Qo-"0]\.|pWJm)jP:v@]wAa8YH# Juq:'kx\hp-#I$]% Oi$)n`-oGWN-m# endstream endobj 781 0 obj <>/Metadata 12 0 R/Names 795 0 R/Outlines 16 0 R/Pages 778 0 R/StructTreeRoot 17 0 R/Type/Catalog/ViewerPreferences 796 0 R>> endobj 782 0 obj <>/MediaBox[0 0 792 612]/Parent 778 0 R/Resources<>/Font<>/ProcSet[/PDF/Text]>>/Rotate 0/StructParents 2/Tabs/S/Type/Page>> endobj 783 0 obj <>stream Throughout the years that this budget practice has been in effect, the state or students ultimately coveredthe unfunded liability above frozen pensionable payroll because retirement costs are mandatory and unavoidable. first implemented in 2015, states that when investment returns The state's contribution came in after CalPERS' valuation date and will not be reflected in CalPERS' funded status until the June 30, 2020, actuarial review, she said. 0000003183 00000 n %PDF-1.6 % Effective Date: January 1, 2023 PDF Actuarial Circular Letter - Antelope Valley College %PDF-1.7 % endobj The CCPOA plan is available only to dues-paying members of that organization and their families. 8 0 obj View the 2022 COBRA premiums by region (PDF). The employee cost shown above is any amount above the employer contribution. regular, though infrequent, review of its investment they would otherwise be, the overall result would still be lower The policy essentially shares the Some health plans are available only in certain counties and/or ZIP Codes. Employer-Paid Retirement Adjustment | CSU COBRA premiums are calculated at 102% of the Basic premiums, but some carriers may charge less than these maximum amounts. endobj <> Employers & Business Partners. Projections for 2021-22, 2022-23, and 2023-24 . The retirement increaseamount above the frozen payroll levelis an unfunded cost for the CSU, and it continues to increase each year when pensionable payroll orretirement contribution rates increase. 0000000016 00000 n Kaiser Permanente Senior Advantage Summit is available as of January 1, 2023. [ 15 0 R] The fiscal 2021 returns bring CalPERS' fund performance to 10.3% for the five-year period, 8.5% for the 10-year period and 6.9% for the 20-year period. myCalPERS - Log In - California Rates & Employer Contributions View How CalPERS Sets Health Premiums to get details on the rates and plans process. Complicating all of this, the CalPERS board is in the final Active Members & Retirees. The employer contribution rates below are what the CSU contributes . 1112 0 obj <> endobj <> The following CSU Systemwide Human Resources technical letters provide further details on pension reform measures: You may be trying to access this site from a secured browser on the server. regular, though infrequent, review of its investment stream Anthem Blue Cross EPO is available only in Del Norte county. Welcome to myCalPERS. reduce the rate to 6.85 percent, returns of 20 percent would To find health plans available in your area, refer to Health Plan Search by ZIP Code. CalPERS defines normal cost as the annual cost of Log in to your member or employer account. Access Kaiser Permanentes Transparency in Coverage Machine Readable Files on their website. The expected. endobj Fiscal Year Employer Normal Cost Rate Employer Amortization of Unfunded Accrued Liability Employee PEPRA Rate 2021-22 11.56% $5,671,931 8.00% Projected Results 2022-23 11.2% $6,133,000 TBD Over the past 30 years, the fund returned. P_C.{>H >T9,@/I!dW s4O N Y\r.%Kkp%t%`2z z'X$!Ec _HNaCe2U h Tm s*'}k less volatile investments and have a better chance to meet its 0000117200 00000 n For 2019-20, 2020-21, and 2021-22, employers' rates are offset by contributions from the state on their behalf, resulting in lower effective contribution rates compared to actual rates received by the pension systems. endstream endobj 84 0 obj <>/Filter/FlateDecode/Index[7 40]/Length 20/Size 47/Type/XRef/W[1 1 1]>>stream 0000005872 00000 n 0000003701 00000 n endstream endobj startxref One of the results of those investment gains 0000116289 00000 n 2PERS Cost Share is the employee contribution towards the employer's Normal Cost (NC) Rate. 0000002398 00000 n Mitigation Policy would trigger a reduction of the discount rate slightly reduce the discount rate. endobj In general, a lower discount rate means the system can pursue Access Blue Shield of Californias Transparency in Coverage Machine Readable Files on their website. hbbd```b``VLA$#?} , Dr9j xref Retirement Benefit Formulas State employee retirement benefits vary due to pension reform established in 2010, 2011, and 2013 through bargaining and legislative changes. 0000002239 00000 n Member contributions other than cost sharing (whether paid by the . Active subscribers are subject to the 80-80 or 85-80 formula. The 2022-23 employer-paid retirement adjustment is equivalent to an increase of $68.5 million. Access Anthem Blue Cross Transparency in Coverage Machine Readable Files on their website. Hn@s(R jTHu*WZwmX W|?fo 6O>&`L>_"asp?%+PddKjVx gjx?fk09eM:6Xyjl@~_Nw%d$tvNb&Zi? but the contribution rates for . HTM0+U8Zd+V=4^LmUKfA''!J}}Hi0$cx0d=,(Ys,[i3!!}oi?,LWps3}X~;<3Qu}>]adCuqO!dm9H!~+TaE@e2.FP,zF{|o Pension reform measures have included changes in contribution percentages and retirement benefit formulas based on employment dates. 13 0 obj <> hb```R@(z"a Egv>/v% L@e@lRL1f^) -`5FFO^F/j^:a{#zgZ0d`H5{FsD 0000009247 00000 n one year earlier). PDF State Valuation and Employer/Employee Contribution Rates - CalPERS All employees Classic 3% @ 50 0.00% 9.00% 12.00% 22.930% 31.930% Hired on or after 1/1/13 New Member 2.7% @ 57 13.00% 0.00% 0.00% 22.930% 22.930% CalPERS Contributions for all employees internet FY 21-22 Rates CH 06/17/2021 Non-represented Executives -Sworn Member Contribution Employee Rate Employer Normal Cost Rate Miscellaneous and Safety 0 participate in the CalPERS The 2020-21 employer-paid retirement adjustment is equivalent to adecrease of $42.7 million. endstream endobj 1113 0 obj <>/Metadata 110 0 R/Names 1127 0 R/OCProperties<>/OCGs[1129 0 R 1130 0 R]>>/Outlines 203 0 R/OutputIntents[<>]/Pages 1110 0 R/StructTreeRoot 208 0 R/Type/Catalog/ViewerPreferences 1128 0 R>> endobj 1114 0 obj <>/ProcSet[/PDF/Text/ImageC]/XObject<>>>/Rotate 0/StructParents 49/Tabs/S/Type/Page>> endobj 1115 0 obj <>stream Bt@ will be improved funding levels for Californias public pension 0000116593 00000 n promised benefits. endobj In mid-July, when they announce their final returns for Are you a retiree? California State Controller's Office: PEPRA 2020, 2021, 2022 5m_w:@h^pS\'Jl6pA=i1*"^ dTjJDn4 8vU6r4hEQAM <6I36^^C;|}.>P(^i,sRt>/BYj m,9hHKrwaqlLji{{bfp(U@]"e6YLMR"e /1TBx,90%M"s! View all health plan Summary of Coverage and Evidence of Coverage documents. The employee contribution rate for this group is subject to Government Code Section 20687, which provides that employee retirement contribution rates shall be half of the normal cost of CalPERS retirement benefits, which is currently 10.5 percent of compensation in excess of $238 per month. In Fiscal Year 2020-21 the employer retirement rates for the Miscellaneous Tier 1 and Peace Officer/Firefighter decreased by 1.705% and 12.745% respectively from fiscal year 2019-20 retirement rates. This plan is only available in California. $@[ >UYy^. The results of that review could result in a decision for employers and employees. (Article 9.1.3) Improving Affordability and Access to Healthcare Effective July 1, 2020, all SEIU employees enrolled in a CalPERS health plan will . Access UnitedHeatlhCares Transparency in Coverage Machine Readable Files on their website. %%EOF endobj 21 0 obj 3~X 76cEE%~;lpL yH5K")YVRqr.ALp'L0 K4E 7ART vHtU )T#iI7SX]bQsx.S!$S t-t9z :,m{Y-^Ztj^(wI#bX,,-Fq Californias juvenile justice system seeks to end the incarceration of girls and young women, West Contra Costa Unified braces for more major budget cuts, Legislative analyst opposes Newsoms plan for more funding to high-poverty schools, Financial aid access has worsened for Californias undocumented students, A data-driven approach to tackling chronic absenteeism that any school can use, State, districts and schools all have a role to play in supporting Black students, panel says, Bidens plan to forgive student loans may be in jeopardy after Supreme Court arguments, College and Covid: Freshman Year Disrupted, Education During Covid: Families Struggle to Learn. endobj employer contributions in this report do not reflect any cost sharing arrangement you may have with your employees. 14 0 obj investment goals, but it also means somewhat higher upfront costs the Employer Contribution Retirement Rate for State Miscellaneous members is 29.37% and for State Safety members is 19.95% (Source: CalPERS). The contents of this letter are nonbinding and advisory only, CCPOA prescription benefits are administered through Blue Shield of California. CalPERS reported a preliminary 21.3% net return on investments for the 12-month period that ended June 30, 2021. . 2022 CalPERS HEALTH BENEFITS PROGRAM BASIC PLAN RATES Monthly Employee Cost The employer contribution rates below are what the CSU contributes toward your monthly health premium. Ms. Frost said that with the investment return announcement that CalPERS' funded status is an estimated 82%. PDF California Department of Human Resources Summary of Collective PDF To: Directors, Business - OCDE Employers & Business Partners. liability that results in even higher costs, especially for Returns of at least 17 percent would reduce the rate to 6.85 percent, returns of 20 percent would reduce the rate to 6.8 percent, and if returns somehow exceed 24 percent the discount rate would drop to 6.75 percent. Effective July 1, 2023, the employee contribution rates for Miscellaneous, Safety and Industrial members shall increase by one half percent (0.50%) . 47 0 obj <> endobj endobj fg R]iY4tf>I|A'\"wy,-,D>dn#\Osh@9\$2.G#:76{lH$b:6mNsD ]i: Iv/VBx?|} |[!T#3-wv6k, TujPVeRwy hb`````> yAb@*`0aTk,R.78$JR54Ubq6fs )w?"XHtHfh`h`h4`KH5@"-*H 0}@M endstream endobj 62 0 obj <>stream 18 0 obj endstream endobj startxref over the past year. CVS Caremark is the PBM for Sharp Direct Advantage (Medicare) (HMO). In Fiscal Year 2020-21 the employer retirement rates for the Miscellaneous Tier 1 and Peace Officer/Firefighter decreased by 1.705% and 12.745% respectively from fiscal year 2019-20 retirement rates. If returns come in even higher, the discount rate 0000116358 00000 n %%EOF almost ever broad investment category has enjoyed banner returns <> 24 0 obj 0000072907 00000 n pension contribution rates approved by the CalPERS Board of Administration on April 20, 2021. Your cost is any amount above the employer contribution. 0000117225 00000 n PDF 2021 CalPERS HEALTH BENEFITS PROGRAM BASIC PLAN RATES 2021 Rates Updated as of 02/01/2021 for Rank and File Employees. Effective September 1, 2021, OPEB contributions are calculated as part of each payment in which pensionable compensation is issued, including those received bi-weekly, or as an adjustment to previously issued earnings. Code . 0000115671 00000 n 15 percent for the year, over twice the assumed rate of 7 myCalPERS - Log In - California endobj 0000007134 00000 n discount rate and commensurate changes to the investment Welcome to myCalPERS. 0000115112 00000 n 2021, January 1, 2022, . as early as this November and will take effect for local agencies Access Western Health Advantages Transparency in Coverage Machine Readable Files on their website. This is an increase compared to both the current year rate of 16.15% and importantly against what LEAs are currently expecting in 2021-22, at 15.92%. All health plans have geographical restrictions except for PERS Platinum. percent. Contributions next year will still be a record high, jumping from 22.92% of an employees salary in 2021-22 to 25.40%, but that will be 0.7% less than had been forecast. New Members (Hired on January 1, 2013 or later): Effective July 1, 2015 the rate increased from 8.15% to 8.56% %Grs7drvzYwpqqyy=G )#nr7JcP,KuyHU3Ad_E>fa,9"xS-$|OgI. endstream these consequential issues will be discussed, debated, and The 2020-21 employer-paid retirement adjustment is equivalent to a decrease of $42.7 million. rates than currently projected. endstream endobj startxref <> Since health care costs vary throughout California, regional pricing adjusts premiums to reflect the actual cost of health care in your specific region. The Actuarial Office has completed the calculation of the employer contribution rate for the 0000007720 00000 n CalPERS adopts new contribution rates | Pensions & Investments 19 0 obj until the 2023-24 fiscal e6$9_m_D5 U -Qp`.k>T F 0h/sG@ %"ptoVU]k0Z^ %knIayS`m.|W6x6LPvn6lbSk1,! l8%}n9ks)(!0_xFvT qfqV3q|h[j0Wi9O@T+YU18V`J[5+ \5)}Uox2eEh?9Gz$'A`VV1IYEIH>#Z-\ |hTY^1-4 +R4>;rtgpdYv*r~`73p'R3CZ8AuX:XjY ?8s|/4@PnP4{.s[E5* endobj 0000002853 00000 n And rates will come down gradually over the following four years until reaching 22.5% of salary in 2026-27. It provides coverage anywhere in the world. 1139 0 obj <>stream contribution rates for employers and some employees, although not Welcome to myCalPERS. 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. Blue Shield of California administers their own prescription drug benefits. PDF California Public Employees' Retirement System Actuarial Office 888 www California Public Employees' Retirement System Actuarial Office 888 www With inflation accelerating costs in most areas, school districts received some good news from CalPERS, the pension fund serving school employees other than teachers and administrators. Human Resources Manual - CalHR - California <> The effective employer contribution rate was adjusted from 19.1% to 16.15% for fiscal year 2020-21. PUBLISHED: December 3, 2021 at 12:56 p.m . 0000001495 00000 n Californias Community Colleges: At a Crossroads, Adjuncts gig economy at CA community colleges, College And Covid: Freshman Year Disrupted, Education during Covid: California families struggle to learn, Tainted Taps: Lead puts California Students at Risk, Full Circle: California Schools Work To Transform Discipline, Californias Homeless Students: Undercounted, Underfunded And Growing, Eyes on the Early Years Newsletter Archive, Tapping into family engagement can boost literacy and math, experts say, Coalition urges California to invest $150 billion in climate-resilient, healthy schools, Minority males benefit from having a consistent academic coach, study finds, High school junior in Sonoma County stabbed to death in fight in art class, UC Berkeley offers counseling to students and staff after man sets himself ablaze on campus. contribution rates and a reduced discount rate. <> On April 30, 2021, the State Controller's Office (SCO) will implement an Employment History (EH) system modification to add a new E-LVL (CalPERS Enrollment Level) field in the PIMS and CSUC on the RST screen. endobj Log in to your member$j(document).ready(function() { $j('body').append("

Log in as an active member, retiree, non-member, community property payee, beneficiary, survivor or health subscriber.

" ); }); or employer$j(document).ready(function() { $j('body').append("

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.

" ); }); account. hbbbf`b`` ) } The state Department of Finance processes state agency retirement adjustments during the fiscal year. 0000001328 00000 n ' board and committee meetings over the next few months, where % employers. endobj <> 17 0 obj PEPRA members for Calendar Year 2021 will increase to $128,059 for members participating in the federal system (7522.10(c)(1) limit) and $153,671 for members not participating in the federal system (7522.10(c)(2) limit). hTmO0+iB~*5}$`(cZZTIsM ;;sF81 (Z AD^)]H H4`bw>"pp^g1D15zq9&7|IoVb^V~Zg2~fiv7? 888 CalPERS (or 888-225-7377) | TTY: (877) 249-7442 | www.calpers.ca.gov . State contribution increases. Kaiser Permanente Senior Advantage Summit. You must belong to the specific employee association and pay applicable dues to enroll in the CAHP. Beginning July 1, 2014, PEPRA covered members wererequired to cover half of normal costs. The new rates reflect the huge investment gains in 2020-21, which added $11.1 billion to the CalPERS portfolio. PEPRA Compensation Limits - California State Controller Kaiser administers its own prescription benefits. hbbd```b``:" N -`0 NA?` 6L@DbFg` D rate of 16.92% would be the net value of the employer contribution rate when applying the state subsidy of 2.18% to the employer contribution rate likely adopted by CalSTRS of 19.1%. California Correctional Peace Officers Association (CCPOA) (PPO). zaQ'9wA2ec)& ]C JJb'(Fy->Q/fY. Big Changes Possible for CalPERS Pension Rates The higher the Access Sharp Health Plans Transparency in Coverage Machine Readable Files on their website. 16 0 obj aC"!D4C~9gr,c}$4rkt!ZV_-pwktd-XR)'.1|6-lO@sp!L%T+,wp`j@7(}= y/JA1\QZ'uozCUC7Yh;p(xkKM';7(/@r)W? ), National Senior Executive, State Government Strategy, http://www.t-mobile.com/business/government/state-local-government, Courtney Hastings, Sr. Field Marketing Manager, Public Sector, http://www.qlik.com/us/solutions/industries/public-sector, Kristy Fuentes, Vice President Business Development, Greg Balter, CPA Regional Sales Manager, US - West, Todd Main, Vice President of Government Services, Bryant Milesi, Director of External Affairs, Michael Prosio, Regional Vice President, State Affairs, California Statewide Communities Development Authority (CSCDA), Monica Cardiel Cortez, Partner, Consultant, Beth Hester, Vice President External Affairs, PRISM l Public Risk Innovation, Solutions and Management, Rick Brush, Chief Member Services Officer, Lisa Holmes, State of CA Contract Manager, Allison Barnett, Senior Director Government Affairs, Jennifer Scanlon, Managing Director, Community and Government Relations, Eric Westrom, VP of Operational Planning and Strategy, Bob Fletcher, Vice President of Business Development. Blue Shield of California prescription benefits are administered by CVS Caremark. H[o0)csHmr&:j nBFkF H|x4m!Jb\|^xTf p/~|*n ~=]^nxA-@@23c/Zm8':!_ gN=Yz:R0^M4xG;V.!E&0D*gH-iuDAeMRWNKgNF"TyC:2;hdbF^'BL"o|JT Kq'* JQu2GB8ragkIF(oY;sBuw?$jxM,H! c IZ jT!JHz{DRqZNxD:y+:}f/_CRFuo!@.c9(DT2 q *U5jhi3m"K[oT$APP2id-z1~6vH)'H;} {s}l%( h^!U^3QP}Ma(6UYvQ_gGKg'1.E'U:YkSHBc6m}__ y:tkqKqoXv,siYBjO3xy)nMy3CIV47^Twa6Kd 6 hkO#7/ View Retiree Plans & Rates customized just for you. 20 0 obj They had been projected to increase substantially over that period, to 27.60%. Employees hired before then will continue to contribute 7%, as guaranteed by state law. %%EOF To find your specific health plan premium rates, choose your region from the options below: View the 2023 COBRA premiums by region (PDF). A*#ER~v:3V,S(4 The Miscellaneous Tier 1 employee contribution rate established in July 1, 1976 remains in effect for employees that began state employment prior to 2013 (classic member). systems, which rely on investment gains to provide over half of Open Enrollment is an annual process that occurs in the fall. PDF Circular Letter #200-039-21 - Antelope Valley College Funding plan - CalSTRS PDF California Public Employees' Retirement System Actuarial Office 888 www All Employee Groups (except Teamsters 2010 - Unit 6) - Unit 6 2021 Amount Paid by EmployeeEmployee 2020 Amount Paid by Employee 2021 Amount Paid by 2020 Amount Paid by Anthem Blue Cross Select . You must belong to the specific employee association and pay applicable dues to enroll in the PORAC. <> startxref hb```y,w@(q}[kGGoE4?5t'WFIpwghc5-H1+g,y0c@ <>>> During this time, you can enroll, change health plans, add eligible dependents, delete dependents, or cancel coverage. 4 0 obj 2021 CalPERS HEALTH BENEFITS PROGRAM BASIC PLAN RATES Monthly Employee Cost . <> Consolidated Benefits (CoBen) - CalHR - California Government Code Section 20677(b)(1) provides that employee retirement contribution rates for classic state Miscellaneous Tier 1 members employed by the CSU who are in the federal system (Social Security) and began employment prior to 2013 shall be 5 percent of compensation in excess of a $513 offset per month. 0000117043 00000 n Check with your employer to determine your contribution amount. 0000002105 00000 n x 3IikpF.n b"(]@T6hb( CalPERS gambles with taxpayer money once again - Daily Breeze its investment goals, however, the result is an unfunded While those changes would make contribution rates higher than Previous projections reflect rates at the time of the Governor's Budget proposal. OptumRx is the PBM providing prescription benefits for this health plan. View Annual Health Plan Changes for details on health plans, service areas, and benefit design changes for 2023. You can also log in to myCalPERS to use the Search HealthPlans tool to research the health plan coverage and benefits most important to you and your family. *CoBen is the employer-provided benefit allowance for employees in bargaining units 2, 7, 8, 16, 17, 18, and 19, and excluded employees, to offset the cost of health, dental, and vision benefits. Returns of at least 17 percent would However, use of this budgeting practice by the state is problematic and should be discontinued. These rates reflect the employee wages and benefits that are valued at least 85 percent of the state employer cost of . Pension reform changes began in 2010 and continued to be expanded through 2013. For more information, visit CalHR. 0000002562 00000 n Changes to Districts' Contribution Rates [EdBudget] - California Employer-Paid Retirement Adjustment | CSU - California State University CalPERS provides pensions for employees of Santa Clara County and most cities except San Jose and San Francisco. How CoBen Works First, identify the amount of your benefit allowance from your paycheck stub or by using the Benefits Calculator. PDF 2022 CalPERS HEALTH BENEFITS PROGRAM BASIC PLAN RATES x[mo8 k((PHM~p;m%YUl3-PYr^yOrI'{i7/!^8Y_?Xt$4#z/yL3K-No8FLz+b7O:`+,~pWv=FuD+p=]+c(/t(I5O4T0\}>l,# N5q1oopF\V: T^:#]PjgZAL9#BY#+j\^c:QF{]r mMZv#j23\iTTisFkz+juNhGV1uA#v ; 9---au Peace Officers Research Association of California 0000001686 00000 n <>/ExtGState<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> PDF California Public Employees' Retirement System Actuarial Office 888 www percent the discount rate would drop to 6.75 percent. 10 0 obj The Panel intends to provide similar calculations in future years. \C endobj Upon final approval by the Board, CalPERS staff will prepare and issue a Circular Letter to notify state employers of the contribution rates each fiscal year. portfolio. 22 0 obj benefit of the extraordinary investment gains between future in the 2023-24 fiscal year (schools and the state are affected exceed assumptions by at least 2 percent, the discount rate, or endstream endobj 1116 0 obj <>stream endobj This plan has no geographical restrictions. gq6cr~r6>oZ 12 0 obj Final 2019-20 pensionable payroll for the CSU was 32 percent ($735.5 million) abovethe 2013-14 frozen pensionable payroll level. %PDF-1.5 The table below shows the minimum required employer contributions and the Employee PEPRA Rate for fiscal year 2021-22 along with an estimate of the required contribution for fiscal year 2022-23. 2023 2022 State & CSU Members Public Agency & School Members Health Plans View all health plan Summary of Coverage and Evidence of Coverage documents. <> the fiscal year, if that number holds, the Funding Risk strengthen the system even further and will directly affect Contributions next year will still be a record high, jumping from 22.92% of an employee's salary in 2021-22 to 25.40%, but that will be 0.7% less than had been forecast. endstream endobj 50 0 obj <>/Metadata 6 0 R/Names 67 0 R/Outlines 11 0 R/Pages 47 0 R/StructTreeRoot 12 0 R/Type/Catalog/ViewerPreferences 68 0 R>> endobj 51 0 obj <>/MediaBox[0 0 612 792]/Parent 47 0 R/Resources<>/Font<>/ProcSet[/PDF/Text/ImageC]/XObject<>>>/Rotate 0/StructParents 3/Tabs/S/Type/Page>> endobj 52 0 obj <>stream For employees with state employment dates on January 1, 2013 or later (new CalPERS member), the employee retirement contribution rate is determined by the Public Employees Pension Reform Act of 2013 (PEPRA). portfolio, alana[remove-this-and-replace-with-at]ca211.org, dhaus[remove-this-and-replace-with-at]southlandind.com, mason[remove-this-and-replace-with-at]hipcamp.com, info[remove-this-and-replace-with-at]csacfc.org, tcarey[remove-this-and-replace-with-at]letsgetchecked.com, jgodkin[remove-this-and-replace-with-at]cglcompanies.com, moira.kenney[remove-this-and-replace-with-at]uniteus.com, christen[remove-this-and-replace-with-at]govinvest.com, michael.posey[remove-this-and-replace-with-at]lsslibraries.com, brandon[remove-this-and-replace-with-at]rescueagency.com, ben[remove-this-and-replace-with-at]gxbroadband.com, lloyd.levine1[remove-this-and-replace-with-at]t-mobile.com, chelsea.machado[remove-this-and-replace-with-at]essvote.com, Courtney.hastings[remove-this-and-replace-with-at]qlik.com, kfuentes[remove-this-and-replace-with-at]drcusa.com, gbalter[remove-this-and-replace-with-at]opengov.com, t.main[remove-this-and-replace-with-at]procureamerica.org, andrew.keifer[remove-this-and-replace-with-at]blueshieldca.com, jfiske[remove-this-and-replace-with-at]baronbudd.com, laura[remove-this-and-replace-with-at]caltrust.org, sarah.qureshi[remove-this-and-replace-with-at]nexteraenergy.com, cathy.varner[remove-this-and-replace-with-at]peraton.com, JB1F[remove-this-and-replace-with-at]pge.com, tbacon[remove-this-and-replace-with-at]us.ibm.com, mdiel[remove-this-and-replace-with-at]cchi4families.org, bm3620[remove-this-and-replace-with-at]att.com, narshi[remove-this-and-replace-with-at]alliant.com, michael.prosio[remove-this-and-replace-with-at]wellpoint.com, cbarna[remove-this-and-replace-with-at]cscda.org, monica.cardielcortez[remove-this-and-replace-with-at]cgi.com, joe.feliciani[remove-this-and-replace-with-at]welldynerx.com, beth_hester[remove-this-and-replace-with-at]comcast.com, rbrush[remove-this-and-replace-with-at]csac-eia.org, dsandall[remove-this-and-replace-with-at]dlrgroup.com, steven.bennett[remove-this-and-replace-with-at]dominionvoting.com, Lisa.m.holmes[remove-this-and-replace-with-at]ehi.com, pmello[remove-this-and-replace-with-at]hansonbridgett.com, allison.barnett[remove-this-and-replace-with-at]healthnet.com, Jennifer.Scanlon[remove-this-and-replace-with-at]kp.org, bilor[remove-this-and-replace-with-at]nationwide.com, ewestrom[remove-this-and-replace-with-at]synoptek.com, mwall[remove-this-and-replace-with-at]uhc.com, bob.fletcher[remove-this-and-replace-with-at]vanir.com, creheis[remove-this-and-replace-with-at]wspa.org.