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 VCERA.Info@ventura.org or contact by mail at:
Ventura County Employees' Retirement Association
1190 S Victoria Avenue, Suite 200, Ventura, CA 93003
Office: (805) 339-4250 Fax: (805) 339-4269
Notice to VCERA Members Regarding VCERA Computer System Conversion
On February 19, 2016, VCERA mailed the notice below to all members to inform them that VCERA is in the process of implementing a new pension administration computer system. We are excited about this long-term project, which will improve speed and efficiency and pave the way for better service to our members. The system is scheduled to go-live on April 18, 2016.
During the system conversion period of March through May of 2016, some of our services may be unavailable and some business transactions may take longer. This includes potential delays in processing retirement, refunds of retirement contributions, and the processing of benefit estimates and service credit purchases. We will do our best to make the impact of this as minimal as possible.
We appreciate your patience as we work through the conversion to our new system.
VCERA Preliminary Report on Pensionable Compensation under PEPRA
On July 20, 2015, the VCERA Board of Retirement approved the preliminary report on pensionable compensation at its business meeting. The report provided information on VCERA's initial analysis of employer payroll codes and their inclusion or exclusion in the Board's resolution regarding pensionable compensation. This report was shared with stakeholders on July 22, 2015 for feedback and input, in advance of formal consideration of a final analysis at the September 16, 2015 off-site Board meeting.
Ventura County Employees' Retirement Association (VCERA) Board Names Dan Gallagher as Chief Investment Officer
The Board of Retirement of the Ventura County Employees' Retirement Association (VCERA) has selected Dan Gallagher as its new Chief Investment Officer. Gallagher retired from the Los Angeles City Employees' Retirement System (LACERS) in 2010 after 15 years, of which the last 11 were as its CIO. He has been consulting part time since his retirement.
"We are looking forward to working with Dan here at VCERA, and appreciate the great deal of experience he is bringing to our team," said VCERA Retirement Administrator Linda Webb.
Webb said Gallagher is expected to begin work around May 1, 2015.
Notice to Members Regarding Marital Separation Prior to the Year 2000
If you have had a marital separation prior to the year 2000, please notify VCERA well in advance of submitting your Retirement Application Packet.
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 February 22, 2016, the Board of Retirement approved the annual retiree Cost-of-Living Adjustment (COLA) for 2016. The following COLA increases will be reflected in the April 30, 2016 retiree benefits checks for all Tier 1 and Safety members:
|Retired 04/01/1982 or prior||3.00%|
|Retired 04/02/1982 to 04/01/2016||2.00%|
Retired members with eligible SEIU Tier II COLA service will receive a 2% COLA on that portion of service on April 1, 2016.
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.
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.