[Ucrea] Information on the CalPERS Long Term Care Settlement

[Cristina L Otegui]

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September 9, 2021
To:
UCR Emeriti & Retirees
From:
UCR Retirees' and Emeriti Association's Leadership Team
Re:
Information on the CalPERS Long Term Care Settlement
This communication includes information from UCnet, the Council of UC Emeriti Associations (CUCEA) and UC San Diego's online session regarding the class action settlement involving CalPERS Long-Term Care Plan.

UCnet
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.

For any questions or more information
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<http://www.CalPERSLTCClassAction.com>


*       Phone: (866) 217-8056, Monday - Friday, 6:00 a.m. to 6:00 p.m. (Pacific)


*       Email: info at CalpersLTCClassAction.com


*       UCnet CalPERS Settlement webpage: https://ucnet.universityofcalifornia.edu/news/2021/08/class-action-settlement-involving-calpers-long-term-care-plan.html



*       CalPERS Long Term Settlement website: https://www.calpersltcclassaction.com/

There is an important deadline coming up on September 22, 2021 to submit an "Individual Award Acknowledgement and Election Form". You may wish to consult your legal or financial advisor(s) concerning your options under the settlement.

Council of UC Emeriti Associations (CUCEA)
On behalf of the Council of UC Emeriti Associations (CUCEA), we are including CUCEA's online published statement on the recent settlement which can be found at:

http://cucea.ucsd.edu/documents/2021-08-27FinalCUCEA-CalPERS-LTC%20Settlement.pdf

UC San Diego's Retirement Association Online Session
The UC San Diego Retirees Association invites UCR retirees and emeriti to join a special online session on the CalPERS Long-Term Care Insurance Settlement. For registration details, please visit the UC San Diego webpage below.

When: Monday, September 13, 2021 from 10:00 - 11:00 a.m.
How to Register: https://hrweb.ucsd.edu/ra/Register.aspx?id=4487






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