Next Retirement Payment Date:

homeBoard Governance

Board Governance

Through the Retirement Administrator, the Board of Retirement exercises oversight of VCERA as prescribed by law. The Board also abides by a broad governance framework that is reflected in numerous bylaws, regulations, charters, and policies approved by the Board. Click on the links below to view these documents.

Board Bylaws and Regulations

Regulations of VCERA for Establishing an Employee-Funded Annual COLA for Tier II Members – 3/14/22

VCERA Bylaws & Regulations – 1/14/20

VCERA Bylaws Attachment A – Disability Procedures – 1999

Regulations for IRC Code 401(a) Distribution Restrictions – 1/25/16

Regulations for IRC Code 401(a)(9) Required Minimum Distribution Rules – 11/16/15

Regulations for IRC Code 401(a)(17) Compensation Limit – 11/16/15

Regulations for IRC Code 401(a)(31) & 402(c) Rollovers – 11/16/15

Regulations for IRC Code 401(a)(36) Normal Retirement Age – 11/16/15

Regulations for IRC Code 415 Annual Limits – 11/16/15

Charters

Board of Retirement – 2/24/25

Chair – 3/13/23

Vice-Chair – 3/13/23

Retirement Administrator – 2/24/25

Finance Committee Charter – 5/22/23

Governance Committee Charter – 2/24/25

Policies

Administrative Policies

Board Policy Development and Review Process Policy – 2/24/25

Business Planning Policy – 9/9/24

Compensation Review Policy – 3/13/23

Monitoring and Reporting Policy – 1/3/22

Senior Managers’ Performance Evaluation Policy – 3/12/18

Service Provider Selection Policy – 2/24/25

Board Policies

Appointment and Election of Trustees Policy – 10/28/24

Conflict of Interest Code – 7/29/24

Education and Travel Policy – 2/24/25

Trustee Communication Policy – 2/27/23

Disability Retirement Policies

Disability Retirement Policies & Procedures

Ex Parte Communication Policy – 1/27/25

Fiscal Policies

Actuarial Funding Policy – 9/8/25

Annual Budget Policy – 5/22/23

Interest Crediting Policy – 12/18/23

Investment Policies

Investment Policy – 3/28/22

Placement Agent Policy – 12/20/10

Technology & Property Policies

Surplus Property Policy – 10/28/24

Trustee Technology Use and Mobile Device Policy – 3/25/24

Board Education

Board Member Education for Calendar Year 2023

Board Member Education for Calendar Year 2022

Board Member Education for Calendar Year 2021

Board Member Education for Calendar Year 2020

Board Member Education for Calendar Year 2019

Board Member Education for Calendar Year 2018

Board Member Education for Calendar Year 2017

Board Member Education for Calendar Year 2016

Board Member Education for Calendar Year 2015

Resolutions

Alameda Resolutions

Resolution Regarding Alameda Corrections of PEPRA Exclusions as to Retired Members – 4/17/23

Resolution Regarding Correction of Pensionability of Benefits Under County of Ventura’s Flexible Benefits Program – 4/17/23

VCERA Alameda Administrative Appeal Policy – 11/28/22

Resolution re: AB 826 and Flat Flex Credit – 7/26/21

Resolution Regarding Alameda Implementation to Compensation Earnable and Pensionable Compensation – 10/12/20

Other Resolutions

VCERA Management Employees Resolution – 11/18/24

Resolution to Implement Provisions of AB 361 – 10/4/21

Resolution re: Non-Vested $27.50 Supplemental Benefit Termination – 12/10/18

Resolution re: Authorizing Employee Absences Due to Dec. 2017 Fires – 1/8/18

Resolution re: Similarly Situated Members of Group/Class of Employment – 12/13/17

Resolution re: Regulations of Internal Revenue Code 415 – Annual Limits – 3/27/17

Resolution re: VCERA District Status – 1/25/16

Resolution re: Tax Compliance Regulations – 1/25/16

Resolution re: Pensionable Compensation – 11/17/14

Resolution re: STAR COLA – 10/4/10

Resolution re: STAR COLA – 4/28/08

Resolutions and Ordinances Adopted by VCERA Board of Retirement & Ventura County Board of Supervisors – 3/46 through 11/00

Ordinance Establishing VCERA – 3/6/46