Sunday, 05 May 2024

State’s police chiefs support new voice on CalPERS Board

SACRAMENTO – The California Police Chiefs Association has endorsed Corona Police Sgt. Jason Perez for the public agency seat of the California Public Employees Retirement System Board of Directors.

“CalPERS is in trouble and needs Sergeant Jason Perez on its Board,” said CPCA President David Swing. “Jason is the only candidate with a real plan to save the pension fund and ensure that police officers and all public employees throughout California will have a stable and secure retirement when their careers come to an end.”

Established in 1966, the California Police Chiefs Association represents municipal police chiefs and their agencies in California. Association members provide public safety for more than 26 million Californians.

“I am deeply honored to have the support of California’s Police Chiefs,” Perez said. “One of the most vital tools these chiefs need to attract the best and most professional police officers to their departments is the pension benefit. As a member of the CalPERS Board of Director’s, I will work hard every day to ensure that the CalPERS pension fund is solvent and provides those who have paid into the system with the reasonable retirement they were promised.”

Perez is committed to steering the CalPERS Board away from failing divestment strategies that have resulted in catastrophic financial losses for California’s pension fund.

Prior to the current board makeup, CalPERS was 108-percent funded. Today CalPERS is roughly 70-percent funded, resulting in employees across the state have had their retirements cut.

Perez is a sergeant with the Corona Police Department and currently serves as the president of the Corona Police Officers Association.

Perez’s candidacy for CalPERS Board of Directors is supported by rank and file law enforcement officers and a large collection of municipal and county employees throughout the state of California.

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