Board of Retirement & Administration
Board of Retirement & Administration
The Board of Retirement appoints an Administrator to oversee the day-to-day management of the retirement system, including all accounting, benefits, communications, legal and technology functions. The Board also contracts for investment management, asset custody, investment performance evaluation, financial audit, actuarial consulting and other services necessary for the proper and prudent administration of the Plan, in accordance with retirement law.
Governance documents, board member profiles, and board meeting agendas and minutes are provided below.
Board Member Portal
On this password-protected web portal, VCERA Board members will have access to non-public materials uploaded by staff, such as educational resources and relevant news. The Retirement Administrator must authorize all postings to the Board Member Portal.
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, regulation, charters and policies approved by the Board. Click on the links below to view these documents.
- Board of Retirement - rev. 09/12/16
- Chair - rev. 09/12/16
- Vice-Chair - rev. 09/12/16
- Retirement Administrator - rev. 09/12/16
- Actuarial Funding - rev. 02/23/18
- Appointment and Election of Trustees - rev. 12/17/12
- Board Policy Development Process - rev. 09/12/16
- Business Planning - rev. 07/02/18
- Compensation Review - rev. 10/07/18
- Conflict of Interest Code - rev. 07/02/18
- Education & Travel Policy - rev. 06/18/18
- Interest Crediting - rev. 04/20/15
- Mobile Device Policy - rev. 07/01/19
- Monitoring and Reporting - rev. 09/12/16
- Placement Agent - rev. 12/20/10
- Senior Managers Evaluation Performance - rev. 03/12/18
- Service Provider Selection - rev. 09/12/16
- Trustee Communication - rev. 06/17/13
- Board Member Education for Calendar Year 2015
- Board Member Education for Calendar Year 2016
- Board Member Education for Calendar Year 2017
- Board Member Education for Calendar Year 2018
- Resolutions and Ordinances Adopted by VCERA Board of Retirement & Ventura County Board of Supervisors
- Ordinance Establishing VCERA - 03/06/46
- VCERA Management Employees Resolution - 02/06/17
- Resolution re: VCERA District Status - 01/25/16
- Resolution re: Tax Compliance Regulations - 01/25/16
- Resolution re: Pensionable Compensation - 11/17/14
- Resolution re: Regulations of Internal Revenue Code 415 - Annual Limits - 03/27/17
- Resolution re: Similarly Situated Members of Group/Class of Employment - 12/13/17
- VCERA Bylaws & Regulations - rev. 1999
- 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 415 Annual Limits - 11/16/15
- Regulations for IRC Code 401(a) Distribution Restrictions - 11/25/16
- Regulations for IRC Code 401(a)(36) Normal Retirement Age - 11/16/15
- Resolution re: STAR COLA - 04/28/08
- Resolution re: STAR COLA - 10/04/10
- Regulations of VCERA for Establishing an Employee-Funded Annual COLA for Tier II Members - 03/08/05
- Resolution re: Non-Vested $27.50 Supplement Benefit Termination - 12/10/18
- Investment Policy - rev. 05/20/19
- Asset Allocation - rev. 05/20/19
- Read more
Meeting Agendas & Minutes
The Board of Retirement meets in the VCERA Boardroom on the first and third Mondays of each month at 9:00 a.m., avoiding consecutive Mondays and County holidays. Click here to view the Board Meeting Schedule.
Traditionally, the first meeting of the month focuses on reviewing disability retirement applications. The second meeting of the month focuses on administrative and investment matters. However, the Board may hear matters on any topic at any meeting. Board meetings are open to the public.