CalPERS Approves Long-Term Care Premium Increase
The California Public Employees' Retirement System (CalPERS) Board of Administration today approved an 85 percent premium increase for early purchasers of its Long-Term Care (LTC) Insurance Program policies. The increase, to be spread over two years, is being implemented to help stabilize the Program's underlying Long-Term Care Fund and will take effect July 2015. Members who opt to cover the increase in a single year will pay only 79 percent.
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CalPERS Approves Long-Term Care Premium IncreaseLinkback: https://tubagbohol.mikeligalig.com/index.php?topic=58809.0
