CalPERS is preparing to pay out roughly $800 million to settle claims that it misled retirees when it began offering long-term care insurance in the late 1990s and pledged it wouldn’t substantially ...

CVS has won a new pharmacy benefit manager contract with one of the biggest healthcare buyers in the nation, the California Public Employees’ Retirement System. With the five-year contract award, CVS ...

The California Public Employees’ Retirement System, or CalPERS, headquarters buildings are photographed Thursday, Sept. 16, 2021, in downtown Sacramento. Xavier Mascareñas xmascarenas@sacbee.com Over ...

CalPERS is seeking to discontinue benefits for tens of thousands of individuals that officials believe are mistakenly or fraudulently receiving health insurance through the pension fund, the ...