Home Updates & Alerts

Post

Board of Retirement General Member Election

NOTICE OF UPCOMING ELECTION FOR BOARD OF RETIREMENT REPRESENTATIVE

An election will be held for a General Member representative to serve a three-year term on the Board of Retirement. The term will commence January 1, 2019.

Please read the notice located in the Related Links section of this page for information on the election process, timeline, and instructions for obtaining nominations.

Notice

Annual Cost-of-Living Adjustment (COLA)

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:

  • All Tier 1 and Safety retirees will receive a 3% COLA.
     
  • Retired members with eligible SEIU Tier II COLA service will receive a 2% COLA on that portion of service.
Notice

List of Pensionable Compensation Pay Items

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.

Resolution Regarding Pensionable Compensation Determinations Board Resolution
Add. 1 Effective January 1, 2013 Add. 1 Effective January 1, 2013
Add. 2 Effective January 3, 2016 Add. 2 Effective January 3, 2016