CalPERS Long-Term Care Lawsuit Settlement - Part 3

We have been posting about the CalPERS long-term care lawsuit settlement which - although it involves CalPERS and not the UC retirement system - concerns those UC employees and retirees who took out policies with CalPERS.* UC employees and retirees were eligible as state workers. After enrolling folks, CalPERS later jacked up the premiums, forcing some enrollees to drop the insurance or accept cut-rate policies.

The UC Davis Retiree Center has circulated an email with additional information:

Class Action Settlement Involving CalPERS Long-Term Care Plan From UC Net: 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, 6am to 6pm PT Email: info@CalpersLTCClassAction.com   The first notable date in the settlement documents is September 22nd, 2021. You may wish to consult your legal or financial advisor(s) concerning your options under the settlement.   UC NET CALPERS SETTLEMENT PAGE CALPERS LTC SETTLEMENT WEBSITE

Council of UC Emeriti Associations (CUCEA) Statement re: CalPERS Long-Term Care Settlement The Council of UC Emeriti Associations (CUCEA) has published a statement on the recent settlement. Please click the link below to read the information published by CUCEA. CUCEA STATEMENT

UC San Diego Retirement Association Special Session on CalPERS Long Term Care Insurance

UC Davis retirees and emeriti are invited to join a special session on the CalPERS Long-Term Care Insurance Settlement arranged by colleagues at UC San Diego's Retirement Association. Click the event flyer below to learn more information.   When: Monday, September 13th from 10-11 a.m. Link to Event Flyer: UCSD Special Session

REGISTER FOR UCSD EVENT HERE

NOTE: I presume that folks from non-Davis campuses can register. Yours truly clicked on the link above and it appeared to be available. 

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*http://uclafacultyassociation.blogspot.com/2021/08/calpers-long-term-care-lawsuit.html

and

http://uclafacultyassociation.blogspot.com/2021/08/calpers-long-term-care-lawsuit_28.html.