County of ventura retirement benefits. As a member, your future retirement benefit is no...

County of ventura retirement benefits. As a member, your future retirement benefit is not based on how much you and your employer contribute, nor is it based on stock market performance. You must enroll in a medical plan to participate in the Program or, if you already have employer group medical insurance or Medicare, you may opt-out of County medical coverage. 00 per hour Benefits: 401 (k) 401 (k) matching Dental insurance Flexible schedule Health insurance Paid time off This Benefit Plans Handbook contains information about the Flexible Benefits Program, the medical, dental, and vision coverages available, Flexible Spending Account options, and other general benefits information. Your most-needed services, online With a secure my Social Security account, you can get services and manage your benefits—anywhere, anytime. Important Sections to Check Life Events Checklist If you experience a change in employment or family status, review the Life Events Checklist. Whether you are a new employee or nearing retirement, Victor can help you with investment advice and a retirement strategy. Welcome to the County of Ventura. Rather, VCERA members are promised a lifetime retirement benefit, or pension. 5% matching funds in a 401 (k) plan Annual leave (depending upon years of Eligibility You may be eligible for County-sponsored health coverage if you are a retired County employee or Surviving Spouse who receives a monthly pension check from the Ventura County Employees’ Retirement Association (VCERA). Examples of such events include newborns, adoptions, placements for adoption, marriages, dissolutions, and gains or losses of Important Sections to Check Life Events Checklist If you experience a change in employment or family status, review the Life Events Checklist. The City of Ventura offers a generous benefit package to our At-Will, regular and probationary status employees. When deciding how much to contribute, you will maximize your 401(k) Plan benefit if you make a contribution each pay period of the year. VCERA provides several benefit tiers to its members. Ventura County Firefighters’ Association: (805) 484-8844 Ventura Regional Sanitation District: (805) 658-4645 For those retirees who currently participate in the Vision Service Plan (VSP), which was originally sponsored by the State Association of County Retirement Systems (SACRS), please contact VSP at (800) 400-4569 for more information. Please follow the steps below to review and enroll in your Benefits. PLAN YEAR 2025 Health Plan Information NOTE: All employees, including those on a leave of absence (regardless of health insurance paid/unpaid status), must submit health insurance life event (mid-year change) enrollment/change requests within 60 days of the event. Jul 19, 2023 · A Defined Benefit Pension Plan for Employees of the County of Ventura, Ventura County Superior Court, Ventura County Air Pollution Control District (APCD), Ventura Regional Sanitation District (VRSD), and VCERA No information provided in this handbook is intended to constitute, legal, tax or investment advice. Providing retirement benefits and services to Ventura County employees, retirees, and their beneficiaries. The Ventura County Employees Retirement Association, through the Board of Retirement and staff, governs the retirement, disability, death, and survivor benefits to its members and qualified beneficiaries. The Plan was created in compliance with the Omnibus Reconciliation Act of 1990 (OBRA ’90) to provide eligible employees with an additional source of income upon retirement. . The following page describes how to retire, how to sign up for your benefits, and the resources you can access when your retirement begins. ” Each With this savings, on June 27, 2023, the Ventura County Board of Supervisors approved the creation of the Legacy Retiree Healthcare Premium Subsidy and Reimbursement Plan (“HRA plan”) to mitigate some of the loss in retirement benefits to members. The valuation was performed to determine whether the assets and contribution rates are sufficient to provide the prescribed benefits. If you are a PEPRA member, you can estimate your own retirement benefit by logging in to your VCERA Member Portal account and clicking on “Benefit Estimator. Sep 1, 2023 · The VCCCD provides a comprehensive benefits package for its retired employees. (Salary is based on the average monthly compensation over the last 12 The County hereby establishes the COUNTY OF VENTURA RETIREE MEDICAL EXPENSE REIMBURSEMENT PLAN as of the Effective Date, on the following terms and conditions. In general (but as per VCERA criteria), employees are eligible for benefits provided by one (1) of the three (3) following “Tiers”: Tier I Providing retirement benefits and services to Ventura County employees, retirees, and their beneficiaries. VCERA provides its eligible members with pension payments that are calculated based on a formula “defined” by law, not on your retirement contributions. Insurance The City offers medical, dental, and life insurance plans for At-Will, probationary and regular status employees and their eligible dependents. I am pleased to present the Ventura County Employees’ Retirement Association (VCERA, Association, Fund, or Plan) Annual Comprehensive Financial Report (ACFR) for the fiscal year ended June 30, 2022. active members Our active members are working hard and planning for their retirement. This document provides only a summary of the main features of the County of Ventura Supplemental Retirement 457 Plan, and the Plan Document will govern in the event of discrepancies. coronado@ventura. Jun 30, 2025 · Purpose and basis This report has been prepared by Segal to present a valuation of the Ventura County Employees’ Retirement Association (“VCERA” or “the Association” or “the Plan”) as of June 30, 2025. Post-Retirement County Employment As a retiree you are permitted, in most cases, to work for the County of Ventura for the greater of 120 days or 960 hours each fiscal year without having an impact on your monthly benefit. If you are a public sector employee who meets all of the eligibility requirements, we are here to help you prepare for the future. Anticipating a divorce or legal separation? Divorce can impact your retirement benefits. Dec 11, 2025 · To ensure the timely receipt of benefits for eligible legacy retirees and their pension-eligible beneficiaries, please inform the County of Ventura about any changes to your address. Appendix A – Consumer Issues Terminology, Patients’ Rights, Medical Plan Opt-Out information and other general health benefits information. senger@ventura. As a full-time, regular employee with the County of Ventura, you have a pension through the Ventura County Employees Retirement Association (VCERA) and you have the option to participate in deferred compensation plans. The 2025 cost-of-living adjustment (COLA) for eligible retirees, beneficiaries, and other payees with a retirement date of April 1, 2025 or earlier will be reflected in retirement benefit payments on April 30, 2025: Important Sections to Check Life Events Checklist If you experience a change in employment or family status, review the Life Events Checklist. VCERA presents an overview of the retirement process, eligibility requirements, benefit calculation factors, retirement planning tips, and more. Ventura, CA – in-office position (no remote work) How to Apply Please submit your application outlining your relevant experience and interest in the Front Office Schedule Coordinator position. For example, the Safety Tier 1 benefit formula (“2% at age 50”) could be described as follows: “A member who retired at age 50 would receive 2% of his/her final compensation for every year of service credit accrued. In response, on June 27, 2023, the Ventura VENTURA COUNTY EMPLOYEES’ RETIREMENT ASSOCIATION (VCERA) Planning for a Successful Retirement November 9, 2017 Jess Angeles Retirement Benefits Specialist Post-Retirement County Employment As a retiree you are permitted, in most cases, to work for the County of Ventura for the greater of 120 days or 960 hours each fiscal year without having an impact on your monthly benefit. Some plans require continuous coverage in a County-sponsored health plan without a lapse in coverage. 5 days ago · For further information regarding this recruitment, please contact Judy Coronado by email at judy. After being Introduction: This booklet has been prepared to provide you with a summary of the retirement, disability, death, and survivor benefits available to you and your beneficiary through the Ventura County Employees’ Retirement Association (VCERA). There is a 31-day deadline to enroll, which includes your date of hire. The Ventura County Employees’ Retirement Association (VCERA) is a “defined benefit” plan offered to eligible employees of the County and special districts. This benefit was implemented by union elected participation in the benefit plan governed by the Regulations of the Board of Retirement, Ventura County Employees’ Retirement Association (VCERA). Learn more about your membership. Benefits Supplemental Benefits Employees who joined VCERA before 2006, and those who joined VCERA on or after January 1, 2006 and are vested (excluding reciprocal service), will receive a fixed, vested supplemental benefit of $108. 50% pretax contribution rate. Defined Benefit Plan VCERA is a multi-employer, defined benefit, public pension plan qualified under Section 401 (a) of the Internal Revenue Code to administer this lifelong benefit. VCERA has the duty and authority to administer plan benefits for employees of the VCERA is pleased to open recruitment for the following positions. Deferred compensation plans are not a pension plan. “1937 Act” Retirement Systems In 1947, VCERA was established for the benefit of County of Ventura employees pursuant to the County Employees Retirement Law of 1937 (“ CERL” or “1937 Act ”), which is found in California Government Code sections 31450 – 31897. Appendix B Planning for Retirement VCERA participates in quarterly retirement planning workshops, hosted by the County’s Deferred Compensation Plan. Unlike any other employment benefit, a DB pension plan (VCERA) offers you retirement income that will last for your lifetime! Click on a section below to learn about VCERA and the valuable benefits it provides. One-on-one consultations are complimentary as an employee benefit. Se habla español. Retiring From VCERA - There are several things to consider before submitting your retirement application. Biweekly contribution towards a flexible benefits program (including medical, dental, and vision insurance options) Up to 2. Additional Benefits: Incumbents are entitled to County-paid membership in professional organizations related to their position; other benefits include Disability Plans, Employee Assistance Program, Life Insurance, Tuition Reimbursement, and Mar 3, 2026 · The Oklahoma Public Employees Retirement System provides retirement services to Oklahoma’s public servants. Contribution Rates The tables below provide the new total retirement contribution rates for each employer and benefit tier for the fiscal year beginning on July 1, 2025. You may also use the tables in the appendices of the Member Handbook to estimate your retirement benefit. For further information about this recruitment, please contact JoAnn Senger by e-mail at joann. For assistance in spreading your contributions throughout the Jan 1, 2013 · GENERAL INFORMATION: The County offers defined Retirement Benefit plans for regular, full-time employees as per the criteria promulgated by the Ventura County Employees’ Retirement Association (VCERA). Pursuant to the County Employees’ Retirement Law of 1937 and the California Public Employees’ Pension Reform Act of 2013, VCERA provides service retirement, disability retirement and death benefits to its vested members and their Jul 1, 2021 · This document provides only a summary of the main features of the Ventura County 401(k) Plan and Section 457 Plans, and the Plan Documents will govern in the event of discrepancies. 44 per month in addition to their monthly retirement benefit. This Benefit Plans Handbook contains information about the Flexible Benefits Program, the medical, dental and vision coverages available, Flexible Spending Account options, and other general benefits information. Appendix B The Ventura County Employees’ Retirement Association (VCERA) Board of Retirement passed the Alameda Resolution on April 17, 2023, excluding a portion of the Flexible Credit Allowance from the compensation earnable calculation for legacy retirement plan members, resulting in reduced pension benefits. Under certain circumstances, and with Board of Retirement approval, you may return to employment in a full time position and re-enter active membership in VCERA. Home / Pensions / Ventura County Employees Retirement Association (VCERA) 2012–2024 pensions for Ventura County Employees Retirement Association (VCERA) 34,846 records found – Page 1 of 697 Subscribe to this agency | Download records | Average and total pension amounts | View all pension systems Sponsor this agency: Search within these records: One of the most valuable benefits offered by your employer is a unique retirement program known as a defined benefit (DB) pension plan. Life is full of excitement, twists, and turns. You will be asked to select your benefit tier and to supply your projected age at retirement, years of retirement service credit, and final average compensation. All Regular-status employees with a schedule of at least 40 hours per pay period must submit a health plan enrollment within the deadline. Learn more about VCERA’s procedure for resolving community property claims. To learn more about the job openings or to apply, click on the links below. VCERA was established in 1947 for the employees of the County of Ventura pursuant to the provisions of the County Employees’ Retirement Law of 1937 You may also use the tables in the appendices of the Member Handbook to estimate your retirement benefit. Nov 2, 2018 · To administer the survivor, disability, and retirement benefits of the System's participants. $ Your estimated monthly retirement allowance is based on the information you provided is: Pension Calculators VCERA’s two pension calculators were created to assist you in your retirement planning. The County of Ventura Safe Harbor Retirement Plan (Plan), part of the Supplemental Retirement Plan (SRP), is a Social Security Alternative plan that was implemented on January 1, 1992. Contact VCERA to request a benefit estimate, receive retirement counseling, and more. Supplemental Benefits Employees who joined VCERA before 2006, and those who joined VCERA on or after January 1, 2006 and are vested (excluding reciprocal service), will receive a fixed, vested supplemental benefit of $108. VENTURA COUNTY EMPLOYEES’ RETIREMENT ASSOCIATION (VCERA) Planning for a Successful Retirement November 9, 2017 Jess Angeles Retirement Benefits Specialist Apr 3, 2023 · For all participants, except those covered by CJAAVC, UAPD, or the Management Resolution, the County only provides a 401(k) Plan matching contribution for the pay periods you make a contribution. Job Type: Full-time Pay: $20. Benefits staff and health plan partners will be available to answer questions, and a virtual version of the fair will be accessible throughout November. Benefits may differ by classification and union bargaining unit. Jun 30, 2020 · Actuarial Valuations VCERA’s consulting actuary performs an in-depth valuation of the retirement plan every year to assess the sufficiency of assets to fund the benefits promised to members and eligible beneficiaries. Most plans require continuous coverage in a County-sponsored health plan without a lapse in coverage. Eligibility You may be eligible for County-sponsored health coverage if you are a retired County employee or Surviving Spouse who receives a monthly pension check from the Ventura County Employees’ Retirement Association (VCERA). 1, 2026, undocumented adult immigrants will no longer be eligible to apply for full scope Medi-Cal, only limited scope. 2026 2026 Retiree Health Benefits Handbook 2026 Retiree Rates 2026 Retiree Enrollment & Change Form 2026 Who Do I Contact? To assist you in creating your retirement plan, Deferred Compensation partners with the Ventura County Employees Retirement Association (VCERA), Fidelity Investments, Ventura County Human Resources-Benefits, and the Ventura County Area Agency on Aging (VCAAA) to present a comprehensive pre-retirement planning workshop. Planning for Retirement During quarterly retirement workshops, VCERA presents an overview of the retirement process, eligibility requirements, benefit calculation factors, retirement planning tips, and more. INCENTIVES/BENEFITS: Ventura County offers an excellent benefit package that helps support healthy peace officers and effective work-life balance. this has got to STOP 臘 ‍♂️ conversation about showing citizenship id and deportation One of the most valuable benefits offered by your employer is a unique retirement program known as a defined benefit (DB) pension plan. Choose the guide that matches your career stage. Your Benefits As a County Of Ventura Employee Home - Ventura County Employees' Retirement Association Learn more about VCERA’s procedure for resolving community property claims. Feb 11, 2025 · Alameda Decision Information - This page will be a repository for updates and documents related to the Alameda Decision and its implementation. One of the most valuable benefits offered by your employer is a unique retirement program known as a defined benefit (DB) pension plan. Under general supervision, incumbents in this classification are responsible for researching and processing retirement benefit inquiries and claims on behalf of VCERA members. IMPORTANT INFORMATION ABOUT THE COUNTY OF VENTURA SUPPLEMENTAL RETIREMENT 457 (“VENTURA CTY SRP 457”) Congratulations on your employment with The County of Ventura! This notice is to inform you that you will be automatically enrolled in the Ventura County SRP 457 at a mandatory 4. Legacy Retirement Plan - General Members Monthly Heathcare Benefit With Maximum of $500 ¹ VCERA provides the following retirement benefit tiers to its members. You may choose other benefit plans (dental plan, vision plan and/or flexible spending accounts) with any remaining Flexible Credits. org or by phone (805) 677-5153. Both current recipients and future applicants will be impacted by these changes. It will tell you how that event may affect your benefits and what actions you need to take. Missing the deadline will result in you being defaulted into Blue Shield Trio HMO Only New Hires, Rehires, and employees who experience an employee status change that makes them newly eligible for the employer-provided “Long-Term Disability Core plan” (Benefit Plans Handbook Page 6-9) are eligible for enrollment in these plans without a Health Assessment, except as noted in the handbook and information provided on the May 4, 2017 · General- Ventura County Employees' Retirement Association Lump-sum benefit: The “basic death benefit” consists of a one-time payment of the contributions and interest in the member’s VCERA account, plus one month’s salary for each completed year of retirement service credit, up to a maximum of six months’ salary. ” Each Dec 22, 2024 · This Benefit Plans Handbook contains information about the Flexible Benefits Program, the medical, dental, and vision coverages available, Flexible Spending Account options, and other general benefits information. In addition to participating in VCERA’s Pension Plan, eligible County of Ventura employees have the option to participate in the County’s 401 (k) and 457 Plans. org or phone at (805)477-1680. Eligible County of Ventura employees have access to a defined benefit pension plan administered by the Ventura County Employees' Retirement Association (VCERA). The report is intended to provide a detailed review of VCERA’s financial, actuarial and investment status. ” The online system will use your current salary and service data to calculate a benefit estimate* based on the Unmodified Option, which provides the highest monthly benefit. 2 days ago · Benefits include competitive salary, health insurance, retirement plan, paid time off, and ongoing professional development. Your Benefits As a County Of Ventura Employee If you are eligible, you may establish reciprocity with other public retirement systems, such as CalPERS. Benefits Defined Benefit Plan VCERA is a multi-employer, defined benefit, public pension plan qualified under Section 401 (a) of the Internal Revenue Code to administer this lifelong benefit. In selecting a plan, be sure to compare benefits, copayments, out-of-pocket expenses, and networks, as well as premiums. Watch your e-mail for more details. Jan 1, 2026 · The new rules will include additional eligibility requirements, reduced benefits or potential ineligibility for certain populations. For Questions regarding Retiree Health Benefits, please contact: Feb 24, 2026 · LACERA is an independent governmental entity that administers and manages the retirement fund for the County of Los Angeles and outside districts. The rates reflect the Normal Cost, as well as the costs associated with the Unfunded Actuarial Accrued Liability (UAAL) and, where applicable, cost-of-living adjustments (COLA). You are required to participate in Forms - Members can use these forms to request services, apply for retirement, designate beneficiaries, and more. Job Opening: Retirement Benefits Specialist Trainee Sep 14, 2025 · The Ventura County Employees’ Retirement Association (VCERA) provides retirement benefit services to more than 22,000 active and retired members. Appendix B The Ventura County Employees’ Retirement Association (VCERA) is a multi-employer, defined benefit pension plan that provides service retirement, disability retirement and survivor benefits to If you are a PEPRA member, you can estimate your own retirement benefit by logging in to your VCERA Member Portal account and clicking on “Benefit Estimator. To learn more, visit the Deferred Compensation website. The corresponding benefit formulas refer to how a member’s monthly benefit is calculated. If you plan to retire within five years, please request an official benefit estimate from VCERA by completing and submitting an Estimate Request Form, available online or mailed upon request. 00 - $25. Thank you for your service to our colleges and our community! Dec 11, 2025 · On April 17, 2023, the Ventura County Employees’ Retirement Association (VCERA) Board of Retirement passed the Alameda Resolution excluding a portion of the Flexible Credit Allowance from the compensation earnable calculation for legacy retirement plan members, resulting in reduced pension benefits for those retiring on or after July 30, 2020. The City makes contributions toward the cost of selected medical Planning for Retirement During quarterly retirement workshops, VCERA presents an overview of the retirement process, eligibility requirements, benefit calculation factors, retirement planning tips, and more. Effective Jan. We are the largest county retirement system in the United States. VCERA provides the following retirement benefit tiers to its members. syyw fmrta azinsah jyzu erzdshtl tup sptpw quzyg fffcha jvqkg