Over the past decade, our health care premiums have gone up by more than 50%, a rate much higher than the cost of living.
Each year, our health care premium rates are established during negotiations between CalPERS and health care insurers like Kaiser and Blue Shield, a process which includes public discussion in May and a vote by the board in June.
California is on the verge of a retirement crisis: With what is already one of the highest poverty rates among seniors in the nation, more than six million Californians have no access to a workplace retirement plan and are in danger of retiring to significantly diminished lifestyles. Nearly half of California’s working population is headed toward retirement into poverty.
It has been estimated that there are almost 12 million undocumented residents living in the U.S. They reside uncomfortably in the shadows of our communities, unable to share in the responsibilities or privileges of citizenship, and they live in fear of unexpected and often arbitrary enforcement of immigration laws…laws that a majority of Americans want changed.