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CalPERS Adopts DB Plans Priorities

The California Public Employees’ Retirement System Board of Administration has adopted a 12-point set of federal legislative policy priorities.

    TheCalifornia Public Employees’ Retirement System(加州公务员退休基金)Board of Administrationhas adopted a 12-point set of federal legislative policy priorities. The priorities will serve as a road map for advancing CalPERS federal governmental goals on retirement.

    It will also outline CalPERS positions on retirement benefits, funding and accountability of pension plans and Social Security. CalPERS priorities call for the pension plan to support defined benefit retirement plans that provide sound income replacement in retirement through shared employee and employer responsibility among others.

    Click here for the release fromCalPERS.

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