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At the request of the Carla and David Crane Foundation, we examined a wide range of potential changes to CalPERS pension benefit policies for state plan members, without regard to legal or political feasibility. We modeled these changes for plans for state members of PERF A in CalPERS, whose assets account for approximately 52 percent of PERF A assets and 37 percent of CalPERS assets. The estimates we give below are based on this subset of CalPERS. If policies were applied to the entire CalPERS, the impacts on employer contributions would be about 2.7 times as large as described below, assuming the impacts on non-state- member plans are proportional.