Please take a few moments to take our survey on the CalPERS Amortization Policy.   We encourage you to watch our webinar to get some background information on this discussion. Your feedback will be shared with the Board as they consider this policy in February.

The CalPERS Actuarial Office recommends the proposed Amortization Policy changes, for the following reasons:

- Benefit security
- Intergenerational equity 
- Contribution stability  
- Reduces negative amortization
- Positively addresses Unfunded Accrued Liability (UAL)