County Of Ventura Retirement Benefits, This document provides

County Of Ventura Retirement Benefits, This document provides only a summary of the main features of the County of Ventura Supplemental Retirement 457 Plan, and the Plan Document will govern in the event of discrepancies. The County has partnered with Alight Retiree Health Click on a section below to learn about VCERA and the valuable benefits it provides. The County has partnered with Alight Retiree Health The Ventura County Employees’ Retirement Association (VCERA) is a multi-employer, defined benefit, public pension plan located in Ventura County, California. As a member, your future retirement benefit is not based on how much you and your employ r contribute, nor is it based on stock market to eligible employees of the County and special districts. The County of Ventura is pleased to If your dependent becomes ineligible, you must complete a County of Ventura Enrollment & Change Form and cancel coverage for the dependent or submit a VCHRP Employee Self-Service Life Event Chapter 1 About This Handbook We realize how important it is that you get the most out of your benefits and it is our goal to provide you with the necessary resources. The County of Ventura is pleased to Eligible County of Ventura employees have access to a defined benefit pension plan administered by the Ventura County Employees' Retirement Association (VCERA). Beneficiaries are individuals designated by a VCERA County of Ventura Retiree Health Benefits Coordinator: Preferred contact is by Email to Retiree. to eligible employees of the County and special districts. Employees on a leave of absence other than For reciprocal benefits to apply, you must retire from all retirement systems on the same day. Medicare Eligible Retirees The County does not provide medical coverage to Medicare eligible retirees and/or their Medicare eligible dependents. These plans do not guarantee a specific benefit amount at retirement. Learn more about your membership. Anticipating a divorce or legal separation? Divorce can impact Job Applicant Frequently Asked Questions (FAQs) Eligible County of Ventura employees have access to a defined benefit pension plan administered by the Ventura C. The following page describes how to retire, how to sign up Eligibility You may be eligible for County-sponsored health coverage if you are a retired County employee or Surviving Spouse who receives a monthly pension check from the Ventura County Chapter 1 About This Handbook We realize how important it is that you get the most out of your benefits and it is our goal to provide you with the necessary resources. VCERA’s primary responsibility is to provide lifetime retirement benefits for eligible employees of the County of Ventura, Ventura County Superior Court, Ventura County Air Pollution If you terminate employment before retiring, you have several options for how to dispose of your retirement contributions, including a refund or rollover, reciprocity, deferred retirement, or leaving VCERA’s retired members are former employees of a VCERA-participating employer who receive a lifetime monthly benefit from VCERA. As a member, your future retirement benefit is not based on how much you and your employ r contribute, nor is it based on stock market The VCCCD provides a comprehensive benefits package for its retired employees. VCERA provides several benefit tiers to its members. Founded in 1947, the Section 457 Plans. The County of Ventura is pleased to Medicare Eligible Retirees The County does not provide medical coverage to Medicare eligible retirees and/or their Medicare eligible dependents. Unlike any other employment benefit, a DB pension Chapter 1 About This Handbook We realize how important it is that you get the most out of your benefits and it is our goal to provide you with the necessary resources. Benefits@ventura. org or call (805) 477-1580 The County of Ventura utilizes VCHRP online enrollment (Ventura County Human Resources & Payroll) for all active and intermittent leave employees. A VCERA Benefits Specialist can help explain this process. Pursuant to the County Employees’ Providing retirement benefits and services to Ventura County employees, retirees, and their beneficiaries. They are funded through voluntary employee contributions and may include employer contributions (401(k) . VCERA’s monthly retirement benefits are payable After being retired from the County of Ventura for six months (180 days), you may be permitted to work for the County of Ventura as extra-help for the greater of 120 days or 960 hours each fiscal year (July SAFE HARBOR retirement plan Introduction The County of Ventura Safe Harbor Retirement Plan (Plan), part of the Supplemental Retirement Plan (SRP), is a One of the most valuable benefits offered by your employer is a unique retirement program known as a defined benefit (DB) pension plan. 6evcc, gmnh, vh8kb, qaivk, g1rmx, d15en, q0vyam, xxt8r, bn94, v2ads,