SUPERIOR COURT OF THE STATE OF CALIFORNIA FOR THE COUNTY OF LOS ANGELES
Case No. BC517444
UPDATE: 122,610 checks were mailed on July 16, 2018. All outstanding checks will be voided as of January 12, 2019, please negotiate or cash your check as soon as possible. If you are a Class Member and have not received a check, please contact us.
To: All California citizens who purchased LTC1 and LTC2 long term care policies from CalPERS from 1995 to 2004 who were subjected to the 2015 rate increase adopted by CalPERS in October 2012 (the “Class” or “Class Members”).
This website is to inform you of a partial settlement of this matter with respect to the claims asserted against Defendants Towers Watson Co., Towers Perrin and Tillinghast-Towers Perrin (collectively “Towers” or “Towers Defendants”) only. Importantly, this partial settlement in no way impacts any claims asserted against CalPERS, the remaining defendant in this class action case. Plaintiffs will continue to vigorously pursue the Class claims against CalPERS. This website is to inform you of the partial settlement with Towers including: the nature of the claims at issue and the effect of exercising your various options. You are not being sued.
SUMMARY OF YOUR LEGAL RIGHTS AND OPTIONS
OBJECT: You may object to the Settlement according to the instructions contained in this website if you are not satisfied with the partial settlement, (see FAQ 15).