Your ACERA Check Amount May Have Changed Due to Annual Changes in Health Plan Premiums
If you’re an ACERA retiree, survivor, or payee, and you’re enrolled in one or more of ACERA’s group medical, dental, and vision plans, the amount of your ACERA monthly retirement allowance for your January 31 check may have changed. This is due to annual changes in the monthly premium amounts (the monthly cost of healthcare plans) that take effect on February 1 when the plan year for ACERA’s group plans starts.
ACERA 1099-Rs Will Be Mailed in January
Members in retired status, as well as survivors of ACERA members, will receive their 1099-Rs in January. ACERA reports income to payees on IRS form 1099-R. The 1099-R forms for 2018 will be mailed to all payees no later than January 31, 2019. Form 1099-R should be filed with your 2018 tax return.
Get an Electronic Copy After January 21:
Your 1099-R form will be available on Web Member Services on January 21, 2019. Log in to take advantage of this great feature.
2018 ACERA Board Election Results
The Alameda County Employees’ Retirement Association held an election from November 5, 2018 through December 19, 2018 for the Second Member seat representing the general members on the ACERA Board of Retirement for the calendar years 2019 through 2021.
Votes for the Board of Retirement election were counted on December 20, 2018 at the Registrar of Voters (ROV) office.
ACERA Holiday Hours
UPDATE: A previous version of this news post stated our offices would be closed for visitors on December 24 and 31, but that is no longer correct. We will be open normal business hours on those two days.
ACERA will be closed for business on December 25, 2018 for Christmas and January 1, 2019 for New Year’s Day. ACERA will be open normal business hours on December 24 and 31.
See our Holiday and Office Closures calendar for all ACERA office closures.
Reminder: Mail in Your Ballots for the 2018 Election for the ACERA Board of Retirement
This is a reminder that the ACERA Board of Retirement election is continuing through December 19, 2018 to elect the Second Member representing the general members on the ACERA Board of Retirement for the calendar years 2019 through 2021.
Notice of Election 2018 For ACERA Board of Retirement
An election will be held from November 5, 2018 through December 19, 2018 to elect the
- Second Member representing the General members
on the ACERA Board of Retirement for the calendar years 2019 through 2021.
Use Caution Prior To Opening Email Invoices That Look Like They Come From ACERA
ACERA is aware that spammers have been sending counterfeit emails that appear to come from ACERA. The emails contain an attachment or a link and suggest that ACERA has sent the recipient an invoice. If the recipient 1.) clicks on (opens) the attachment or 2.) clicks on the link and opens the file that is downloaded as a result of clicking on the link, a computer virus may infect the recipient’s computer and try to collect online banking login credentials and other online login credentials.
Limited ACERA Office Access During Warriors Celebration on Tuesday, June 12, 2018
Go Warriors!
ACERA wishes to congratulate the Golden State Warriors on their third NBA Championship victory in four years. The City of Oakland will be hosting a parade for most of the day on Tuesday, June 12, 2018. Unfortunately, this will make it extremely difficult 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. Much of the downtown area will be cordoned off, and downtown Oakland will host hundreds of thousands of fans.
Appeals Court Ruling Will Likely Not Affect ACERA Members for Some Time
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 Receives Two Financial Reporting Awards From GFOA
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.
ACERA Ranks #1 Among County Funds for 16.3% Return
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.)
ACERA Chief Investment Officer Betty Tse Named as One of Top 30 Public Pension CIOs of 2017
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.
From VSP: How to Obtain New Eyewear if Yours Was Lost in a Fire
This is a special message from VSP Vision Care:
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:
Your ACERA Open Enrollment Packet is Available Online
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.
The Equifax Breach and Steps You Can Take
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.
Here is more information about the hack and steps you can take in response: https://www.consumer.ftc.gov/blog/2017/09/equifax-data-breach-what-do
No ACERA Office Access During Warriors Celebration on Thursday, June 15, 2017
Go Warriors!
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.
2016 ACERA Board Election Results and New Alternate Retiree Board Member
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:
Retiree 1099-R Forms Will Be Available Online January 31
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 Closing Early at 3:00 PM Thursday, November 10
UPDATE: Due to scheduled protest demonstrations in downtown Oakland near ACERA’s offices, ACERA will be closing early at 3:00 p.m. PST to allow for ACERA staff to transport home safely.
Additionally, ACERA will be closed for the federal Veteran’s Day holiday on Friday, November 11, 2016. ACERA will reopen during our normal business hours on Monday, November 14, 2016 at 8:30 a.m. PST.
An earlier version of this news release stated ACERA would close at 4:00 p.m. That time was revised due to changing conditions in the downtown Oakland area.
Notice of Election 2016 For ACERA Board of Retirement
An election will be held from November 7, 2016 through December 14, 2016 to elect the
- Third Member representing the General members;
- Seventh Member and Alternate Seventh Member representing the Safety members;
- Eighth Member and Alternate Eighth Member representing the Retired members;
on the ACERA Board of Retirement for the calendar years 2017 through 2019.