CalPERS Officials Informing Some Members of Error That Halted Payroll Deductions for Three Years
CalPERS officials are notifying members who were affected by a system error that caused payroll-deducted payments for service credit to go undelivered for more than three years. The error, which officials are still investigating, occurred in 2012 and affected 2,257 members who purchased Additional Retirement Service Credit, known as airtime payments.
- "CalPERS' Goof Stopped Some Payroll Deductions -- for Three Years" (Ortiz, "The State Worker," Sacramento Bee, 11/10).