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Medical, Dental, Vision, and Other Benefits
Non-Guaranteed (Non-Vested) Benefits Available to Retired Members

In addition to your vested (guaranteed) benefits, ACERA offers retirees a range of non-guaranteed (non-vested) benefits. The levels of these benefits are reviewed each year by the Board of Retirement, are based on the availability of reserve funds, and may be reduced or eliminated at any time. Because the Board tries to keep these reserve funds sustainable, eligibility requirements for these benefits are also subject to change.

The current eligibility requirements are listed in the table, and you may want to consider these eligibility requirements in your retirement planning.

Current Retiree Non-Guaranteed Benefit Eligibility Requirements

Benefit Years of ACERA Service Credit Who is Eligible?
Monthly Medical Allowance 10 years, 15 years, 20 years for different levels of benefits
  • Retiree only
Medicare Part B Reimbursement Plan 10 years
  • Retiree only
Dental Plan Subsidy 10 years
  • Retiree only
Vision Plan Subsidy 10 years
  • Retiree only
Supplemental COLA No minimum years of service credit, but must
lose 15% of original buying power
$1000 Lump Sum Death Benefit No minimum years of service credit. This benefit is paid out of the SRBR and is considered vested while funds are available.

Family Members and Healthcare Benefits

Retirees may enroll family members in ACERA healthcare plans. Survivors of ACERA retirees may maintain their enrollment in ACERA healthcare plans after the death of the retiree at the self premium rate (if it’s juts the survivor remaining enrolled). One thing to note is that while family members and survivors can be enrolled, the healthcare subsidies described in the chart above can only be paid to offset the cost of the retiree’s healthcare coverage, not the family members or survivors.

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