Ventura County Employees' Retirement Association
Welcome to the VCERA website!
The Ventura County Employees’ Retirement Association (VCERA) was established in 1947 for employees of the County of Ventura pursuant to the provisions of the County Employees’ Retirement Law of 1937 (California Government Code sections 31450 through 31897). VCERA provides retirement benefit services to its more than 15,000 active and retired members.
To contact the Ventura County Employees' Retirement Association, please click here or utilize the following:
Ventura County Employees' Retirement Association
1190 S Victoria Avenue, Suite 200, Ventura, CA 93003
Office: (805) 339-4250 Fax: (805) 339-4269
Guidance to Investment Industry Service Providers
VCERA does not employ investment management personnel for you to contact. Please read the open letter providing guidance for investment industry vendors seeking to market their products and services to VCERA.
Notice to Members Regarding Pensionable Compensation for New Members Under PEPRA
The purpose of this notice is to provide members with information with regard to the status of the Board of Retirement's interpretation and implementation of the new pensionable compensation definition in PEPRA. Please read the notice linked below for more information.
Tier 1 and Safety
Annual Cost-Of-Living Adjustment (COLA)
On January 28, 2013, the Board of Retirement approved the annual retiree Cost-of-Living Adjustment (COLA) for 2013. The following COLA increases will be reflected in the April 30, 2013, retiree benefits checks for all Tier 1 and safety members:
|Retired 04/01/1985 or prior||3.00%|
|Retired 04/02/1985 to 04/01/2013||2.00%|
Retirement Workshop Videos...
are now available on VCERA's website! Click here to get the guidance you need by watching the workshop videos. The videos provide general advice and explain what you must do prior to retirement to be prepared.
If you have specific questions, get in touch with our knowledgeable Retirement Benefits Specialists at 805-339-4250.
Investment Consultant Search Quiet Period
On February 4, 2013, the Board of Retirement designated a “quiet period” during its consultant Request for Proposal (RFP) and selection process, during which time Trustees will not knowingly communicate with consultant candidates, with the exception of official search-related interviews and due diligence and ongoing business with the current consultant. The tentative timeline is February 4, 2013 through July 1, 2013 and could be subject to change. If you have an interest in this process, please check back periodically for updates.
RFP for General Investment Consulting and/or Discretionary Consulting Posted
A PDF and Word version of the RFP for General Investment Consulting Services and/or Discretionary Investment Consulting Services have been posted on our RFP Page.
2013 General Member Election
An election was held February 1-19, 2013 to select one of two positions on the Board filled by a General Member. The management of the retirement system is vested in the Board of Retirement. By law, the Board consists of the County Treasurer, four appointees of the Board of Supervisors, two members elected by the general member employees, one member elected by the safety member employees, one retiree member elected by the retiree members, one alternate elected by the safety members and one alternate elected by the retiree members. Please see the certified results of the election provided below.
Is your beneficiary information up to date? VCERA provides for the payment of a $5,000 lump-sum death benefit to the named beneficiary of a deceased retiree member.
If you need to update any of your information, click here to fill out the appropriate form to ensure that your retirement records remain current. Beneficiary changes must be made in writing. It is important to keep your beneficiary designation current.
If you have questions or require assistance with completing any of the forms, please contact the VCERA office at 805-339-4250 or by email at: VCERA.Info@ventura.org
*** IMPORTANT NOTE ***
Retired VCERA members may participate in a state-wide vision care insurance program. The program is co-sponsored by SACRS (State Association of County Retirement Systems) and Vision Services Plan (VSP).
For more information, please contact VSP directly at 800-400-4569 to find out when the next open enrollment period will be.
You can click on the VSP Logo below, to view the brochure.
VSP Vision Care Mailer
The Ventura County Employees’ Retirement Association (VCERA) is committed to providing retirement, death and disability benefits to our members and their beneficiaries in an accurate and timely manner. VCERA shall strive to project a positive image by the delivery of services to our members, their beneficiaries and all other stakeholders, in a courteous and professional manner.