EPIC Retirement Plan Services
Retirement Industry Trust Association (RITA)
Retirement Plan Consultants
Kentucky Trust Company
Farmer & Betts, Inc.
Hochheiser Deutsch & Co, Inc.
Nicholas Pension Consultants
RTD Financial Advisors
Plumbers Local Union No. 1 Benefit Funds
Pension Rights Center
Loren D. Stark Company
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|California Public Employees' Pension Bill Will Increase After CalPERS Lowers Market Expectations|
The Center Square
Nov. 18, 2021
"The CalPERS board voted Monday to select a portfolio with a return of 6.8% and an expected volatility rate of 12.1%. This expected rate of return is two-tenths of a percentage point lower than last year's target of 7%.... [CalPERS estimates that] employees hired after the implementation of the Public Employees' Pension Reform Act (PEPRA) in January 2013 ... will contribute an average of 1.2% to 1.5% more toward their pensions."
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