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California Pension Fund Agrees to $2.7B Lawsuit Deal insurancejournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancejournal.com Daily Mail and Mail on Sunday newspapers.
ABC News Turn on desktop notifications for breaking stories about interest? OffOn California pension fund agrees to $2.7 billion lawsuit deal The United States' largest public pension fund has agreed to pay up to $2.7 billion to refund policyholders hit with huge hikes in their premiums ByThe Associated Press • 3 min read Email this article LOS ANGELES -- The nation’s largest public pension fund has agreed to pay up to $2.7 billion to refund policyholders hit with huge hikes in their premiums, it was announced Tuesday. The California Public Employees’ Retirement System, or CalPERS, has agreed to settle a class-action lawsuit over the fee hikes that were imposed on nearly 80,000 people who paid for policies to cover the long-term costs of nursing care and included “inflation-protection” coverage, according to a joint news release from CalPERS and the plaintiffs.
CalPERS agrees to pay $2.7 billion to settle suit over long-term care insurance premiums FacebookTwitterEmail 1of2 The California Public Employees’ Retirement System building in Sacramento — a settlement has been reached in a lawsuit over premium increases in a CalPERS long-term care insurance program.Max Whittaker/Getty ImagesShow MoreShow Less 2of2 The 2013 letter from CalPERS informing policyholders of the 85% increase in long-term care insurance premiums.Michael Macor/The Chronicle 2013Show MoreShow Less California’s retirement system for state and local government employees has agreed to pay $2.7 billion to nearly 80,000 workers and their families to settle a suit over increases in premiums since 2015 to cover long-term care in nursing homes and other facilities.
Super Lawyers® Selects 3 Kershaw, Cook & Talley Attorneys for 2021 Edition prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Super Lawyers® Selects 3 Kershaw, Cook & Talley Attorneys for 2021 Edition prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Ashley Hymas spat at a Aldi store manager twice in an assault after being caught shoplifting. Picture: Dorset Police/CPS A SHOPLIFTER who twice spat at an Aldi store manager in a ‘deliberate assault’ has avoided jail. As previously reported, Ashley Hymas, of Dawlish Crescent, Weymouth, entered the now-closed supermarket at Jubilee Retail Park with another man on Thursday, March 12. Carrying multiple bags, the 31-year-old identified items to steal and put in the bags, Weymouth Magistrates’ Court heard in late November. The two men, described as 'acting suspiciously', were observed on the store’s CCTV and then challenged at the checkouts by a staff member and later the store manager, Stuart Dalley.