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Board of Retirement Meeting Information: November 12, 2020 Administrative Committee Meeting Agenda

Board of Retirement Meeting Information: November 6, 2020 Meeting Agenda

Virtual "About to Retire" Seminar, Dec. 3
If you are within two years of retirement, now is the time to attend our virtual, About to Retire Seminar on December 3. To attend, please click the following link and complete the registration information:
https://us02web.zoom.us/webinar/register/WN_T8d3iW5HTy2vveluKRquGA

Medicare Part B Reimbursement
If you are retired, enrolled in Medicare Part B and have a balance in your sick leave bank, you may qualify for reimbursement of your Medicare Part B premiums. Read SJCERA's Medicare Part B Reimbursement fact sheet and other useful information on the Medicare page on our website for more information. If you're eligible for the program, submit your Medicare Part B Reimbursement Form with a copy of your annual Social Security notice indicating your Medicare Part B premium by January 4. Forms received after January 4 will receive reimbursement prospectively.

Alameda Decision: Excluded Pay Types (updated 11/9/2020)

To comply with the California Supreme Court's July 30, 2020, Alameda decision, the Board of Retirement voted, at its October 15, 2020 meeting, to exclude three pay types from retirement benefit calculations:

1. Stand-By Pay
2. Correctional Briefing Pay
3. Employer Contributions to Deferred Compensation on the Member's Behalf

SJCERA has contacted active and retired members affected by the Court decision. Staff continues to search historical data to identify deferred members and any remaining active members that may be affected. If you are affected, a letter will be sent to the address SJCERA has on file for you. For more information about the Alameda Decision and the Ad Hoc Committee that has been established to review additional earnings codes, visit SJCERA's Alameda Decision Information page.