Discount rate held at 6.8 percent
California Public Employees Retirement System | State of CaliforniaCalifornia- Detected
- Sep 16, 2026
- 60 days ago
- Sector
- Payroll and Pension
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From the meeting
The Finance and Administration Committee recommended no change to the discount rate and investment rate of return as of the June 30, 2026 risk mitigation event. 8 percent rate had been held for five years and that employer contribution levels could decline over the next several years. This is a budgeting signal for employers and consultants that track pension assumptions and contribution planning.
- Meeting date
- September 16, 2026
- Agency
- California Public Employees Retirement System | State of California
Questions about this project
What is a pre-RFP?
A pre-RFP is an early indicator that a government agency is planning a purchase — a project discussed in a board meeting, a budget line item, a new hire, or a grant award — captured before a formal RFP or bid is published. Acting on pre-RFPs gives SLED and B2G vendors months of lead time to build relationships and shape requirements.
When will California Public Employees Retirement System | State of California issue an RFP for this project?
Pre-RFPs typically surface 6–18 months before a formal solicitation is published. Civic IQ tracks California Public Employees Retirement System | State of California's meeting records, agendas, and budgets continuously and updates this pre-RFP as the project moves through the buying cycle toward an RFP.
How can vendors engage with California Public Employees Retirement System | State of California before the RFP is published?
Vendors who reach out during the planning window can help shape requirements and build relationships with the decision-makers running the project. A free Civic IQ account sends you the pre-RFPs that fit what you sell, with the AI brief and the decision makers for the top matches in each digest.
Where can I find more payroll and pension government opportunities in California?
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