PLACERVILLE, CALIFORNIA

Letters

CalPERS Long-Term Care bretrayal

By From page A5 | February 25, 2013

EDITOR: Recently, participants in the Long-Term Care Program previously offered through CalPERS started receiving their notices of an imminent 85 percent increase in premiums. The official reason for the outrageous increase was that investments supporting the Long-Term Care Program fund did not do as well as expected and there was a shortfall to be made up by premium increases.

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