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What is the PERS Long-Term Care Program? It's an innovative program, more comprehensive and affordable than anything else available today. It is the nation's first self-funded long-term care plan offered on a not-for-profit basis. |
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Who is PERS? The California Public Employees' Retirement System (PERS) is the largest public pension in the United States, with assets of over $80 billion, providing health and retirement benefits to over one million active and retired members. |
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Why is PERS offering Long-Term Care Protection? Because long-term care is an important unmet need that threatens the financial security and peace of mind of members and their families. PERS wants them to have options to protect themselves against the high costs of long-term care. By self-funding the program, PERS can offer the best possible program at the lowest cost. |
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