A message from CalPERS:
The CalPERS Board has decided to temporarily suspend open enrollment in the CalPERS Long Term Care Program due to current uncertainty in the long-term care market. Therefore, effective June 17, 2020, and until further notice, the CalPERS Long-Term Care Program will not be accepting new applications for coverage. Applications presently in underwriting will not be processed.
In November 2020, the CalPERS Board of Administration approved a rate increase on all Long-Term Care Program policies. The rate adjustments will be phased in over two years. A 52% increase will take effect no earlier than November 2021. If necessary, a second increase of up to 25% would take effect no earlier than fall 2022.
Class action settlement involving CalPERS Long-Term Care Plan
Wednesday, August 25, 2021
If you participated in the Long-Term Care Benefit Plan with California Public Employees' Retirement System (CalPERS) you may have received information in the mail about a class action settlement (officially referred to as Holly Wedding, et al. V. California Public Employees' Retirement System, et al., Case No. BC517444).
Unlike other benefit plans offered by the University, the Long-Term Care Plan is sponsored and managed independently by CalPERS, not by UC. As such, UC is not a party to this lawsuit.
Have questions?
The Settlement Administrator has established a website that contains complete information about the proposed settlement, instructions for filing claims, comprehensive FAQs, etc. They also have a dedicated email address and phone number to answers questions or concerns qualifying participants may have. If you have questions or need help please contact the Settlement Administrator directly.
- Website: www.CalPERSLTCClassAction.com
- Phone: 1-866-217-8056, Monday – Friday, 6 am to 6 pm PT
- Email: info@CalpersLTCClassAction.com