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.
An election will be held from November 9, 2015 through December 16, 2015 to elect the Second Member representing the general members on the ACERA Board of Retirement for the calendar years 2016 through 2018.
Access to ACERA’s offices will be limited on Friday, June 19, 2015 due to street closures and festivities as part of the parade and celebration for the Golden State Warrior’s NBA Championship victory. Members are advised to take extra time and caution if they are planning to visit ACERA’s offices on Friday. Since parking will be extremely limited and buses will be rerouted, members are further advised that it may be better to postpone your visit to ACERA until next week.
ACERA’s Board of Retirement has decided to move ahead with a plan to provide individual medical plan coverage to our retirees who are not eligible for Medicare and who live outside of California or in parts of rural California outside the service areas for our group medical plans. This new coverage through the OneExchange private health insurance exchange will take effect in 2016, and open enrollment for the new plans will be in November of 2015.
ACERA is exploring the option of providing individual medical plan coverage to early retirees (not eligible for Medicare) through a private health insurance exchange for those who live outside the ACERA sponsored group plans’ service areas. Benefits facilitators in the exchange would help members enroll in an individual medical insurance/prescription plan and use their Monthly Medical Allowance to offset the cost of the plan if eligible.
ACERA is exploring the option of providing individual medical plan coverage to early retirees (not eligible for Medicare) who live outside the ACERA sponsored group plans’ service areas through a private health insurance exchange. Benefits facilitators in the exchange would help members enroll in an individual medical insurance/prescription plan and use their Monthly Medical Allowance to offset the cost of the plan if eligible.
If you’re an ACERA member enrolled in a medical insurance plan (and probably a prescription drug coverage plan) through OneExchange, you pay a monthly premium for your plan(s) to your insurance company(ies). If you use your coverage to go to the doctor or get a prescription, you may have to pay deductibles or copays to the doctor or pharmacy.
If you’re an ACERA retiree, survivor, or payee, you can now get your 1099-R Form 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 reports income to retirees and payees on IRS form 1099-R. The 1099-R forms for 2014 will be mailed to all retirees and payees no later than January 31, 2015. Form 1099-R should be filed with your 2014 tax return.
ACERA announced today that Vincent P. Brown will resign his position as Chief Executive Officer (CEO) effective February 27, 2015 to take up appointment as Deputy Treasurer, Administration, Finance, and Education Policy for the Treasurer of the State of California, John Chiang.
Mr. Brown has served as CEO since July 2011, coming from his prior position as CEO of Santa Barbara County Employees’ Retirement System (SBCERS) as well as a number of executive positions in California state government.
ACERA’s annual Open Enrollment will conclude on November 30, 2014 for group healthcare plans and December 7 for individual Medicare plans through OneExchange. Enrollment forms for group plans that are mailed to ACERA must be postmarked by November 30, 2014.
Joseph W. Fletcher has been recruited as ACERA’s Chief Counsel, and will begin work during November. As Chief Counsel, Mr. Fletcher reports directly to CEO Vincent P. Brown and serves as legal advisor to the Board of Retirement and ACERA Staff, and represents ACERA in civil cases, advises them in matters of civil law, and manages ACERA’s legal department.
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, 2014, 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, 2014.
Good health is like a bank account loaded with the riches of vitality. Build your fitness portfolio by joining your fellow ACERA retirees for ACERA’s annual Retiree Health Fair.
We encourage you, your spouse/domestic partner, and your caregivers to attend this social, informative event. Representatives from all of our medical, dental, and vision plans will be there to answer all of your wellness questions. For speedy entrance to the fair, bring the completed Health Fair Release Form with you.