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The document discusses the final weeks of the 2025-2026 California State Legislative Session, highlighting urgent legislative issues and deadlines, particularly the opposition to AB 2656 regarding generative artificial intelligence and concerns over new taxes from Senate Bill 122. The California...
August_2026_TAB-080726.pdf
By: @Aaron Avery The California Public Employees’ Retirement System (CalPERS) has recently reinitiated its rulemaking for its Regulation Defining Limited Duration for Post-Retirement Appointments. The purpose of the rulemaking is to provide a definition of “limited duration” that includes...
By: @Aaron Avery On Monday, August 3, AB 1383 [McKinnor] Public employees’ retirement benefits , will be heard in the California State Senate Appropriations Committee and will be followed by additional consideration by the committee on its Suspense File. CSDA is actively opposing ...
Cost Management Strategies in Focus as Payment Volatility Remains By Mike Meyer, Vice President, NHA Advisors This article is a brief excerpt. The full article can be found here: https://nhaadvisors.com/calpers-beats-target/ . The 4-page PDF can be downloaded from this link. In July...
By: Vance Piggott, Senior Counsel, Kronick Moskovitz Tiedemann & Girard In recent years, provisions of the Public Employees' Retirement Law ("PERL") which governs CalPERS, have been updated. This year, the California State Legislature has adopted a number of revisions to the County...
By: @Aaron Avery On October 28 in San Diego, the California Public Employees’ Retirement System (CalPERS) is holding a free forum aimed at local elected officials, including special district board members, as well as high-level public agency staff such as General Managers. The purpose of...
On November 15, 2022, CalPERS' Pension and Health Benefits Committee adopted revised regulations governing limited duration employment of certain retired persons, for purposes of clarifying Government Code sections 7522.56, 21224, and 21229. CalPERS drafted the proposed regulation to...
On November 2, 2022, the California Public Employees’ Retirement System (CalPERS) is holding a free forum aimed at local elected officials, including special district board members, as well as high-level public agency staff handling CalPERS retirement matters. The purpose of the forum is to...
CalPERS has released its preliminary financial performance results for Fiscal Year 2021-2022, showing a Net Investment Return of -6.1 percent. As of the end of the fiscal year, CalPERS’ assets were valued at approximately $440 billion. The results were driven by recent, widely-publicized,...
On Thursday, June 30, Governor Gavin Newsom signed a $308 billion State Budget and an additional 29 budget trailer bills. Over the June 25-26 weekend, the Governor and legislative leadership came to an agreement on the budget framework and supplemental budget bills were heard the following week....