On January 8, 2018, a panel of California’s First District Court of Appeal issued a 70-page decision in litigation that started in 2012 over changes in the state pension law affecting “legacy members” of ACERA and two other county retirement systems—legacy members are those who have entry dates into ACERA membership prior to the January 1, 2013 commencement of the California Public Employees’ Pension Reform Act (PEPRA).
ACERA received the Certificate Of Achievement for Excellence in Financial Reporting awarded by the Government Finance Officers Association of the United States and Canada (GFOA) for our 2016 Comprehensive Annual Financial Report. According to the GFOA, the certificate of achievement is the highest form of recognition in the area of governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management.
Each year, investment consulting firm RVK prepares an investment analysis report on public funds like ACERA. RVK’s recently published report for the year ending June 30, 2017 has ACERA ranked as #1 among all twenty ‘37 act counties in California for our 16.3% gross return on our investments. (Our 16.0% net return still has us ranked at #1.)
From left to right: Betty Tse, Clint Kuboyama, Agnes Ducanes, Tom Taylor, Ryan Breslin, John Ta,
Rob Walters, Phil Wogsberg, Grant Hughs, Bernardino Cabradilla
ACERA Chief Investment Officer (CIO), Betty Tse, has gained recognition for her outstanding work managing ACERA’s portfolio for a second time in TrustedInsight magazine, a trade publication for institutional investors.
VSP® Vision Care wants to do everything we can to help those affected by fires we are facing. We’re working directly with our network doctors, business partners, and relief agencies, including the American Red Cross, to assess the situation and fulfill the eye care needs of those directly affected.
Here is how member can access care and eyewear that have been lost:
Open Enrollment is your annual opportunity to consider your benefit needs and options and to make changes if needed. ACERA’s Open Enrollment period is November 1 – November 30, 2017, and you can change your Kaiser Permanente or UnitedHealthcare medical plan and Delta Dental plan and add or drop medical, dental, and vision coverage for your eligible dependents. ACERA’s Open Enrollment for an individual medical plan through OneExchange is October 15 – December 7, 2017.
ACERA retirees and beneficiaries, as well as their spouses/domestic partners and caregivers: Join us for our annual ACERA Retiree Health Fair on Friday, October 27, 2017 from 9:00 am to 2:00 pm at the new location: Redwood Canyon Golf Course!
Take advantage of free health screenings, learn relaxation techniques and stretches, gain knowledge from experts, and reunite with friends. Enjoy free refreshments, gift bags, and more!
On September 8, 2017, Equifax, a credit reporting agency, announced a data breach impacting over 140 million U.S. consumers. Information accessed by the hackers include first and last names, social security numbers, birth dates, addresses and, in some instances, driver’s license numbers and credit card numbers.
ACERA wishes to congratulate the Golden State Warriors on their second NBA Championship victory. The City of Oakland will be hosting a parade and celebration for most of the day on Thursday, June 15, 2017. Unfortunately, this will make it difficult, if not impossible for ACERA members and the public to access ACERA’s offices that day because our offices are right in the middle of the celebration area.
The Alameda County Employees’ Retirement Association held an election for three seats on the Board of Retirement from November 7 to December 14, 2016. Votes for the Board of Retirement election were counted on December 15, 2016 at the Registrar of Voters (ROV) office for the following seats:
If you’re an ACERA retiree, survivor, or payee, ACERA reports income to you on a 1099-R form. Your 1099-R for 2016 will be mailed no later than January 31, 2017.
Additionally, you will be able to get your 1099-R form online on January 31, 2017 by logging into your ACERA Web Member Services (WMS) account. If you’ve already created a WMS account, simply use your username and password to log in. If you need an account, click the Need an Account link to create one.
ACERA retirees and beneficiaries, as well as their spouses/domestic partners and caregivers: Join us for our annual ACERA Retiree Health Fair on October 28, 2016 from 9:00 am to 2:00 pm at the new location: Oakland Yacht Club! Take advantage of free health screenings, learn relaxation techniques and stretches, gain knowledge from experts, and reunite with friends. Enjoy free refreshments, gift bags, and more!
The Alameda County Employees’ Retirement Association (ACERA) Board of Retirement has unanimously selected Dave Nelsen as ACERA’s new Chief Executive Officer (CEO). ACERA is the pension plan for county-level public employees of Alameda County, California, and provides retirement and related benefits to 21,000 members.
ACERA is transitioning to a paperless office. Starting April 29, we will no longer be sending out direct deposit advice statements each month, unless our retirees and other payees choose to receive paper. This will save up to $6,000 of retirement funds and 3 trees per month. All of retirees’ and payees’ current and past direct deposit advice statements are currently available on Web Member Services, and will always be available there.
If you’re an ACERA retiree, survivor, or payee, ACERA reports income to you on a 1099-R form. Your 1099-R for 2015 will be mailed no later than January 31, 2016.
Additionally, you will be able to get your 1099-R form online on January 31, 2016 by logging into your ACERA Web Member Services (WMS) account. If you’ve already created a WMS account, simply use your username and password to log in. If you need an account, click the Need an Account link to create one.
ACERA’s Open Enrollment has ended for non-Medicare medical plans in California as well as dental and vision plans. But Open Enrollment is still going for a short time for the ACERA plans listed below. For enrolling in plans outside of Open Enrollment, review the When Can I Enroll page.
The nomination period for the 2015 Board of Retirement election closed on September 14, 2015 at 5:00 p.m. Ms. Elizabeth Rogers, the incumbent Second Member, was the only person to submit the required nomination papers and be certified as a candidate for the election of the Second Seat to represent the General Members on the Board of Retirement. Pursuant to Government Code Section 31523 and ACERA’s Board Election Policy, on October 6, 2015, the Board of Supervisors directed the Clerk of the Board of Supervisors to cast a unanimous ballot in favor of the nominated member. Ms.