CalPERS plans 85% rate hike for long-...

CalPERS plans 85% rate hike for long-term-care insurance

There are 1 comment on the Los Angeles Times story from Feb 21, 2013, titled CalPERS plans 85% rate hike for long-term-care insurance. In it, Los Angeles Times reports that:

Dailey Mayo received some stunning news in the mail this week: an 85% rate increase for the long-term-care insurance he has had for 15 years from the California Public Employees' Retirement System .

Join the discussion below, or Read more at Los Angeles Times.

Randy R


#1 Feb 22, 2013
This is a real tragedy. But, the union leaders should have known that the politicians were over promising the workers in return for union campaign support.

Most twelve year olds know that "If it sounds too good to be true it probably is too good to come true".

The fact that CalPe were promised the most costly contracts in American History might have been a clue.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Industry Discussions

Title Updated Last By Comments
LMSA Soccer (Feb '10) 4 min LM CC 8,869
Not guilty plea entered in La Mirada shooting s... 4 hr La Mirada local 3
pension costs back in the spotlight (Aug '15) 8 hr truth squad 11
News UCLA FOOTBALL NOTEBOOK: Neuheisel says Prince w... (Sep '10) 9 hr StealingPhartze 33,214
Montebello Councilmemebr RECALL steps 13 hr RECALL Steps 1
Citizens of glendora ca get ready to bend over! 14 hr everybody wants some 5
Hadjinian abuses use of Fire services 15 hr No More 5K Jack 9

Industry Jobs

More from around the web

Personal Finance

Industry Mortgages