No. When the Settlement became Final on September 28, 2023, your Policy was terminated (meaning you cannot receive any benefits under the Policy) and your obligation to pay premiums stopped.
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If, on the Final Settlement Date of September 28, 2023, you were a current policyholder (Category A) and elected Option 1 (surrender/refund), you can immediately stop paying premiums. To the extent you paid any premiums that apply to a time period after the Settlement became Final on September 28, 2023, you will receive a refund from CalPERS equal to 100% of the post-September 28 premiums. These have been issued on a rolling basis by CalPERS, so you may have already received the overpayment refund.
If your policy was canceled and you have not received a refund for amounts paid after the Final Settlement date, you will need to contact the CalPERS LTC program regarding the status of your post-September 28 premium refund. The customer service number for contacting the CalPERS LTC program is 1-800-982-1775. When calling, please select the option for premiums. You may also contact the CalPERS LTC program by email at CalPERSltc@illumifin.com.
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Yes. If you paid any premiums that apply to a time period after the Settlement became Final on September 28, 2023, you will receive a refund from CalPERS equal to 100% of the post-September 28 premiums. This refund will be provided separately from your settlement check.
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Yes. If you paid any premiums that apply to a time period after the Settlement became Final on September 28, 2023, you will receive a refund from CalPERS equal to 100% of the post-September 28 premiums. This refund will be provided separately from your settlement check.
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Yes. If you paid any premiums that apply to a time period after the Settlement became Final on September 28, 2023, you will receive a refund from CalPERS equal to 100% of the post-September 28 premiums. This refund will be provided separately from your settlement check.
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We have been advised by CalPERS that premium payments deducted from Class Members' pension checks or that are set up for autopay through their bank accounts should stop automatically, and any payments deducted after September 28 will be refunded in full by CalPERS. However, it may take several months for these automatic deductions to be halted by the pension/banking institution.
If your policy was canceled and you have not yet received a refund for amounts deducted after the Final Settlement date, you will need to contact the CalPERS LTC program regarding the status of your post-September 28 premium refund. The customer service number for contacting the CalPERS LTC program is 1-800-982-1775. When calling, please select the option for premiums. You may also contact the CalPERS LTC program by email at CalPERSltc@illumifin.com.
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We have been advised by CalPERS that premium payments deducted from Class Members' pension checks or that are set up for autopay through their bank accounts should stop automatically, and any payments deducted after September 28 will be refunded by CalPERS. However, it may take several months for these automatic deductions to be halted by the pension/banking institution.
If your policy was canceled and you have not yet received a refund for amounts deducted after the Final Settlement date, you will need to contact the CalPERS LTC program regarding the status of your post-September 28 premium refund. The customer service number for contacting the CalPERS LTC program is 1-800-982-1775. When calling, please select the option for premiums. You may also contact the CalPERS LTC program by email at CalPERSltc@illumifin.com.
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No. You may have received a letter from CalPERS containing a refund check. This check IS NOT your final Settlement award. This check was a refund for premiums paid for your policy after it was cancelled on September 28, 2023.
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Yes, it is too late to submit a claim form to be included as an Option 1 claimant.
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If you applied to go On-Claim prior to September 28, 2023, you were recategorized to Category I and were sent a “Late Election Form” that allowed you to change your election and keep your policy. If the Late Election Form was not returned, you were defaulted to Option 2, which was to keep your policy and receive a $1000 payment and a moratorium on new premium increases until November 2024.
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If you were originally a Category A Class Member who applied to go or went on On-Claim prior to September 28, 2023, you were recategorized to Category I and were mailed a Late Election Form on November 13, 2023. The deadline to return your Late Election Form was December 13, 2023. If the Late Election Form was not postmarked or returned by the deadline on December 13, 2023, you were defaulted to Option 2, which was to keep your policy and receive a $1000 payment and a moratorium on new premium increases until November 2024.
Please note: There will be no additional opportunities to submit your Late Election form after the deadline to change this selection.
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If (1) as of September 28, 2023, you were in need of and were receiving the type of care that would qualify for benefits under your CalPERS LTC Policy; (2) no later than October 28, 2023, you submitted an application for LTC benefits to CalPERS (which is subsequently granted); and (3) no later than November 12, 2023, you contacted CalPERS or the Settlement Administrator in writing asking to reverse your election (i.e., to change your election from Option 1 to Option 2, so as to keep your CalPERS LTC policy), then you may be permitted to reverse your election from Option 1 to Option 2. You will not be permitted to reverse your election if you did not comply with these requirements.
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You were likely recategorized from Category A to Category E because you stopped paying premiums prior to September 28, 2023, when the settlement became final.
As stated in the Class Notice, your Initial Settlement Category was based on your policyholder status as of December 31, 2022. However, as was also set forth in the Notice, your Final Settlement Category was determined based on your policyholder status on September 28, 2023, the date the Settlement became Final. Therefore, if your Policy lapsed or was cancelled prior to September 28, 2023, you were recategorized into Category E and will receive the benefits for Class Members in Category E.
To obtain the benefits of a Category E Class Member, you must complete a Lapse Claim Form. A Lapse Claim Form was mailed to you on January 3, 2024, and it must be signed and returned within 30 days of the date it was mailed to you. There will be no additional opportunities to submit your Lapse Claim Form after the deadline. Failure to timely submit a Lapse Claim Form means you will be ineligible for any benefit under the Settlement.
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Class Members in Category E do not receive an 80% premium refund of all premiums paid from the inception of their Policy in exchange for the surrender of their policy, because they do not have a policy to surrender. Instead, these Class Members receive a refund equal to 80% of all Additional Premiums paid, or $2,000, whichever is greater.
It is important to understand that “Additional Premiums” paid is any additional amount you paid because of the 85% premium increase announced in 2013 (and implemented in 2015-2016). It is NOT 80% of all the premiums you paid since the inception of your Policy.
To obtain the benefits of a Category E Class Member, you must complete a Lapse Claim Form. The Lapse Claim Form was mailed to you on January 3, 2024, and it must be signed and returned within 30 days of the date it was mailed to you. There will be no additional opportunities to submit your Lapse Claim Form after the deadline. Failure to timely submit a Lapse Claim Form means you will be ineligible for any benefit under the Settlement.
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No. The Class Notice repeatedly advised Class Members that if they were in Category A (current policyholders) and wanted to remain eligible to receive the Option 1 premium refund, then they were required to keep their Policies current and keep paying premiums until the Settlement became Final. Unfortunately, Class Members who stopped paying premiums and let their Policies lapse before the Settlement became Final on September 28, 2023, were recategorized into Category E and cannot retroactively change their status at this time.
If you were recategorized to Category E, then you will receive a refund equal to 80% of all Additional Premiums paid, or $2,000, whichever is greater. It is important to understand that “Additional Premiums” paid is any additional amount you paid because of the 85% premium increase announced in 2013 (and implemented in 2015-2016). It is NOT 80% of all the premiums you paid since the inception of your Policy.
To obtain the benefits of a Category E Class Member, you must complete a Lapse Claim Form. The Lapse Claim Form was mailed to you on January 3, 2024, and it must be signed and returned within 30 days of the date it was mailed to you. There will be no additional opportunities to submit your Lapse Claim Form after the deadline. Failure to timely submit a Lapse Claim Form means you will be ineligible for any benefit under the Settlement.
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As stated in the Class Notice, your Initial Settlement Category was based on your policyholder status as of December 31, 2022. However, as was also set forth in the Notice, your Final Settlement Category was determined based on your policyholder status on the date the Settlement becomes Final. The Settlement became Final on September 28, 2023. Therefore, if you were previously On-Claim, but went off claim as of September 28, 2023, you were recategorized to Category A. You were sent a Late Election Form on November 13, 2023. If the Late Election Form was not returned, then you were defaulted to Option 2, which was to keep your policy and receive a $1000 payment and a moratorium on new premium increases until November 2024.
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Yes. Under the terms of the Settlement, any long-term care benefits paid on your behalf by CalPERS under your Policy will be deducted from your Option 1 premium refund.
Included with the Notice that Settlement Class Members received in the mail (or by email) was an Individual Award Letter that identified your Initial Settlement Category and the amount you were entitled to receive under the Settlement. It is important to note that the Category identified in the Award Letter and the amount was based on data provided by CalPERS on December 31, 2022. Therefore, the amount may have decreased if your Initial Settlement Category changed or if you used any benefits under your CalPERS Policy prior to the Final Settlement Date. If your Policyholder status did not change, your Final Award was based on your Final Settlement Category on the Final Settlement Date.
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Under the Settlement, your Final Settlement Category was determined on the date the Settlement became Final, which was September 28, 2023. Unfortunately, if you elected Option 1 then your policy was terminated as of that date. You are not allowed to reinstate your policy or receive any benefits from your policy. Instead, you will be receiving your Option 1 benefit, which, for most class members, was placed in the mail on January 11, 2024.
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As stated in the Class Notice, your Initial Settlement Category was based on your policyholder status as of December 31, 2022. However, as was also set forth in the Notice, your Final Settlement Category was determined based on your policyholder status on the date the Settlement became Final, which was September 28, 2023. Therefore, if your Policy had lapsed but was reinstated prior to September 28, 2023, you were recategorized into Category A. As a Category A Class Member, you were given the option of surrendering your Policy in exchange for an 80% premium refund (less benefits received) or keeping your Policy and receiving a cash payment of $1,000 and a rate freeze until November 1, 2024. You were sent an Award Letter and Election Form on November 13, 2023. If the Election Form was not returned, then you were defaulted to Option 2, which was to keep your policy and receive a $1000 payment and a moratorium on new premium increases until November 2024.
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As stated in the Class Notice, your loved one’s Initial Settlement Category was based on their policyholder status as of December 31, 2022. However, as was also set forth in the Notice, their Final Settlement Category was determined based on their policyholder status on the date the Settlement became Final, which was September 28, 2023. If your loved one was initially categorized as a current policyholder (Category A) but then passed away before September 28, 2023, then they were recategorized into Category F or G.
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As stated in the Class Notice, your loved one’s Initial Settlement Category was based on their policyholder status as of December 31, 2022. However, as was also set forth in the Notice, their Final Settlement Category was determined based on their policyholder status on the date the Settlement became Final, which was September 28, 2023. If your loved one was initially categorized as a current policyholder (Category A) but then passed away before September 28, 2023, they would be recategorized into Categories F or G. Unfortunately, Class Members in these categories are not entitled to an 80% premium refund in exchange for the surrender of their LTC policy, because they do not have a policy to surrender. Instead, they are only entitled to 80% of the “Additional Premiums” paid during the period their policy was in force, meaning only those additional premiums paid due to the challenged 85% premium increase announced in 2013 and implemented in 2015/2016.
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As stated in the Class Notice, your loved one’s Initial Settlement Category was based on their policyholder status as of December 31, 2022. However, as was also set forth in the Notice, their Final Settlement Category was determined based on their policyholder status on the date the Settlement became Final, which was September 28, 2023. If your loved one was initially categorized as a current policyholder (Category A) but then passed away before September 28, 2023, they would be recategorized into Categories F or G. Unfortunately, Class Members in these categories are not entitled to an 80% premium refund in exchange for the surrender of their LTC policy, because they do not have a policy to surrender. Instead, they are only entitled to 80% of the “Additional Premiums” paid during the period their policy was in force, meaning only those additional premiums paid due to the challenged 85% premium increase announced in 2013 and implemented in 2015/2016.
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Settlement payments for most Class Members were sent out on January 11, 2024. Please allow 5 to 7 business days for delivery. If you do not receive your check within two to three weeks, please feel free to contact us for a reissue.
However, if after the Final Settlement date on September 28, 2023, you were recategorized, were working with Class Counsel to submit a late claim, or were seeking to reverse your initial election, it is likely that you were not included in the initial disbursem*nt on January 11, 2024, and will be included in a later disbursem*nt.
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No. Taxes will not be deducted from your Settlement check, and no Form 1099 will be issued for this Settlement. The Settlement Administrator and Plaintiffs' Counsel are not tax attorneys and cannot provide any tax advice to you or Settlement Class Members. Whether you owe taxes on your Settlement payment is likely dependent on your individual financial and income/deduction reporting circ*mstances. Each Class Member is encouraged to consult with their own tax attorney or financial advisor about whether they owe taxes on their Settlement payment.
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Yes. You are responsible for determining if you owe taxes on your Settlement payment, and for paying any such taxes. Epiq (the Settlement Administrator) and Plaintiffs' Counsel are not tax attorneys and cannot provide any tax advice to you or Settlement Class Members. Whether you owe taxes on your Settlement payment is likely dependent on your individual financial and income/deduction reporting circ*mstances. Each Class Member is encouraged to consult with their own tax attorney or financial advisor about whether they owe taxes on their Settlement payment.
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Settlement payments will be provided to Class Members by check sent via USPS First-Class Mail. This is the most secure manner of transmitting Settlement payments to Class Members.
If you have an issue regarding receipt of your check, please call 1-866-217-8056 (Toll-Free).
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No. Each Class Member will receive a separate check because each Settlement Class Member’s claim is processed individually.
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Checks for deceased class members are issued to the estate of the deceased class member. If the check relates to a deceased Class Member and, after working with your financial institution to cash that check, you are not able to cash it in the name of the decedent or his or her Estate, the check can be issued to a different payee name. To have a check reissued to a different payee's name, please request a form from the administrator. The administrator can be contacted at:
Phone: 1-866-217-8056 (Toll-Free)
Email: info@CalPERSLTCClassAction.com
Mail:
Wedding v. CalPERS
P.O. Box 6790
Portland, OR 97228-6790
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Yes. To make this request, please contact the Administrator by phone, email, or mail using the following information:
Phone: 1-866-217-8056 (Toll-Free)
Email: info@CalPERSLTCClassAction.com
Mail:
Wedding v. CalPERS
P.O. Box 6790
Portland, OR 97228-6790
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Banks commonly put a hold on newly deposited checks to provide the bank with time to validate the check. Holds are particularly common with large deposits. A check hold does not mean that anything is wrong, it just means that the bank is taking additional time to ensure that the funds clear before you have access to them. If you feel that your bank has placed an excessively long hold on your Settlement payment, then you should contact your bank to discuss that with them.
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