|2018||Retiree Payment Date|
|January||January 31, 2018|
|February||February 28, 2018|
|March||March 30, 2018|
|April||April 30, 2018|
|May||May 31, 2018|
As a VCERA member, death and survivor benefits may be payable to your eligible surviving spouse, minor children, beneficiaries or estate. Death and survivor benefits depend on many different factors and can only be determined after a full review of each member’s individual circumstances. The following is a general description of benefits that may be paid upon the death of a member.
(Report a death)
Employee Member Death
On October 5, 2018, the Ventura County Elections Division certified the results of the VCERA Board of Retirement’s General Member election held on October 1, 2018. The official canvass indicated that Dan Shapiro (HCA-Ambulatory Care) received 408 of the 698 votes cast. Mr. Shapiro’s three-year term on the Board will begin on January 1, 2019.
2018 Annual Benefit Statements were mailed on May 9, 2018 to all active VCERA Members. (Active Members only)
On January 29, 2018, the Board of Retirement approved the annual retiree Cost-of-Living Adjustment (COLA) for 2018. The following COLA increases will be reflected in the April 30, 2018 retiree benefits checks:
Your VCERA pension is considered a community property asset. If you have had a marital or domestic partner separation during your membership, please notify VCERA well in advance of submitting your Retirement Application Packet. Division of this asset must be address before retirement benefits or refund of contributions can be paid.
In October 19, 2015 the VCERA Board of Retirement took action on specific pay items pensionable compensation. The provided documents are the Board of Retirement’s Resolution regarding pensionable compensation determinations (2014), and 2 addenda, which list each included pay item. The addenda are separated by effective date.