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California State University Emeritus And Retired Faculty Association
The California State University Emeritus and Retired Faculty & Staff Association, also known as CSU-ERSFA, is a statewide, nonprofit organization of emeritus and retired faculty and staff members from all 23 campuses of the California State University system. The primary mission of CSU-ERFSA is the protection of pension and health care benefits for both active and retired California State University faculty and staff members. CSU-ERFSA represents the interests of its members before the California State Legislature The California State Legislature is a bicameral state legislature consisting of a lower house, the California State Assembly, with 80 members; and an upper house, the California State Senate, with 40 members. Both houses of the Legisla ..., various state and federal agencies, CalPERS, and the California State University Chancellor's Office. CSU-ERFSA also provides assistance to members, who may be experiencing difficulties with their individual pension or ...
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California State University
The California State University (Cal State or CSU) is a public university system in California. With 23 campuses and eight off-campus centers enrolling 485,550 students with 55,909 faculty and staff, CSU is the largest four-year public university system in the United States. It is one of three public higher education systems in the state, with the other two being the University of California system and the California Community Colleges. The CSU system is incorporated as The Trustees of the California State University. The CSU system headquarters is located in Long Beach, California. The CSU system was created in 1960 under the California Master Plan for Higher Education, and it is a direct descendant of the California State Normal Schools chartered in 1857. With over 110,000 graduates annually, the CSU is the country's greatest producer of bachelor's degrees. The university system collectively sustains more than 209,000 jobs within the state. In the 2015–16 academic year, ...
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California State Legislature
The California State Legislature is a bicameral state legislature consisting of a lower house, the California State Assembly, with 80 members; and an upper house, the California State Senate, with 40 members. Both houses of the Legislature convene at the California State Capitol in Sacramento. The California state legislature is one of just ten full-time state legislatures in the United States. The houses are distinguished by the colors of the carpet and trim of each house. The Senate is distinguished by red and the Assembly by the color green, inspired by the House of Lords and House of Commons respectively. The Democratic Party currently holds veto-proof supermajorities in both houses of the California State Legislature. The Assembly consists of 60 Democrats and 19 Republicans, with one independent, while the Senate is composed of 31 Democrats and 9 Republicans. Except for a brief period from 1995 to 1996, the Assembly has been in Democratic hands since the 1970 electi ...
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CalPERS
The California Public Employees' Retirement System (CalPERS) is an agency in the California executive branch that "manages pension and health benefits for more than 1.5 million California public employees, retirees, and their families".CalPERSFacts at a glance: general. January 2009. Retrieved December 24, 2008. In fiscal year 2020–21, CalPERS paid over $27.4 billion in retirement benefits,CalPERSFacts at a Glance - Public Employees' Retirement Fund (PERF), 2020-21CalPERS. 2021. Retrieved October 09, 2021. and over $9.74 billion in health benefits.CalPERSFacts at a Glance - Health Benefits, 2019-20CalPERS. 2021. Retrieved October 09, 2021. CalPERS manages the largest public pension fund in the United States, with more than $469 billion in assets under management as of June 30, 2021. CalPERS is known for its shareholder activism; stocks placed on its "Focus List" may perform better than other stocks, which has given rise to the term "CalPERS effect".Sidel, Robin. "Ca ...
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California State Employees Association
The California State Employees Association (CSEA), was founded in 1932 in Sacramento, California. The organization itself grew out of a campaign to pass a ballot initiative to amend the California state constitution to create a retirement system for California state workers (now called the California Public Employees' Retirement System). As a result of the campaign, the core of leadership for the campaign went on to create the association to maintain the momentum of that political victory by forming a credit union, now known as The Golden One Credit Union, for state employees, winning voter approval of the merit system for state civil service, and a 40-hour workweek and, finally in 1979, winning collective bargaining rights for state and university employees in the California legislature, also known as the Dills Act after its author Senator Ralph C. Dills. When California adopted collective bargaining for state employees in 1979, CSEA began a long period of reorganization wherein ...
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Retirement In The United States
Retirement is the withdrawal from one's position or occupation or from one's active working life. A person may also semi-retire by reducing work hours or workload. Many people choose to retire when they are elderly or incapable of doing their job due to health reasons. People may also retire when they are eligible for private or public pension benefits, although some are forced to retire when bodily conditions no longer allow the person to work any longer (by illness or accident) or as a result of legislation concerning their positions. In most countries, the idea of retirement is of recent origin, being introduced during the late-nineteenth and early-twentieth centuries. Previously, low life expectancy, lack of social security and the absence of pension arrangements meant that most workers continued to work until their death. Germany was the first country to introduce retirement benefits in 1889. Nowadays, most developed countries have systems to provide pensions on retirement ...
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Non-profit Organizations Based In California
California California is a state in the Western United States, located along the Pacific Coast. With nearly 39.2million residents across a total area of approximately , it is the most populous U.S. state and the 3rd largest by area. It is also the ...
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