If you do not want to receive this newsletter, you can unsubscribe by clicking on the link at the bottom of this email.
In this Edition:
- Rose Bush Giveaway!
- Alameda Decision Item to be Included in November 18 Board of Retirement Meeting
- Upcoming Office Closures
- 2020 COLA Tracker
- October 28, 2020 Board of Retirement Meeting Highlights
- November 18, 2020 Board of Retirement Meeting Agenda Available
- CareCounsel Information
- RESBC Membership Information
|
|
The SBCERS building in Goleta is beginning renovations and has several rose bushes to give away. Click on the button below to submit your contact information. An SBCERS Staff Member will confirm and contact you to arrange for pickup.
*First come, first serve. Quantity is limited. Limit of 1 per member.
|
|
|
Alameda Decision Item to be Included in the November 18 Board of Retirement Meeting |
|
The Board of Retirement will receive an informational presentation from CEO Gregory Levin at the November 18, 2020 meeting, at approximately 9:10 a.m. The presentation includes results from staff's fact finding process and recommendations for action in a future meeting. No action will be taken on November 18. Click HERE to read the report.
The item will be recorded and posted to the Alameda Case Update page linked above. To watch the item live*, please tune in a few minutes early to:
*Note there is about a 30-to-60-second time lag between the Zoom meeting and YouTube live stream.
|
|
Both SBCERS offices will be closed for the Thanksgiving Holiday on Thursday, November 26 and Friday, November 27. |
|
For October 2020, Los Angeles Area Inflation (year over year) was 0.67%.
Click HERE or on the chart above to see monthly inflation figures compared to last year.
Want to track the COLA on your own? On the 15th of each month, the U.S. Department of Labor, Bureau of Labor statistics releases CPI data for Los Angeles. Click HERE to read the current Bureau of Labor Statistics report.
|
|
October 28, 2020 Board of Retirement Meeting Highlights |
|
At the Board of Retirement's October 28, 2020 meeting, the Board received a Market Update and Investment Performance Review as of September 30, 2020, and Quarterly Private Equity, Private Real Return, and Private Real Estate Reports as of June 30, 2020. The Board also admitted the Santa Barbara Local Agency Formation Commission (LAFCO) as a new participating district employer in SBCERS. Finally, the Board accepted that new Superior Court earnings code "FRL" be excluded as an item of compensation earnable and excluded as an item of pensionable compensation.
Draft minutes for the October 28, 2020 regular Board of Retirement meeting can be found HERE.
|
|
November 18, 2020 Board of Retirement Meeting Agenda Available |
|
Members of the public who would like to make a public comment may email clerkoftheboard@sbcers.org for instructions on how to do so remotely.
Click HERE to access the agenda and board materials on our agenda management website.
|
|
Want help with your Health Care Inquiries and Concerns?
Looking for a stress-free solution to your healthcare inquiries and, or concerns? CareCounsel is our health advocacy partner and is a service offered as part of your benefit package. CareCounsel works independently from your insurance carrier and is a completely confidential resource.
It’s easy, call: (888-227-3334), or email staff@carecounsel.com Monday through Friday 6:30 am to 5:00 pm PST. After hours, you can leave a message and they will get back to you the next business day.
A few examples of why you should contact CareCounsel:
- Education
- Making Sense of Medicare
- Benefits and Coverage Questions
- Claims and Billing Assistance
- Eligibility Status
- Quality Concerns
- Grievances and Appeals
- Assistance with Locating Healthcare Providers
|
|
RETIRED EMPLOYEES OF SANTA BARBARA COUNTY (RESBC)
RESBC is a non-profit organization dedicated to improving the lives of county retirees by providing information on critical retirement issues and offering educational/cultural social opportunities. Membership in RESBC is $2.50 monthly. Dues are deducted from the member’s Santa Barbara County pension payment. County employees may join RESBC by completing the RESBC Membership Deduction Authorization form at the time of their retirement exit conference.
Retirees may join at any time by requesting a membership form from SBCERS, 130 Robin Hill Road, Suite 100, Goleta, CA 93117, 1-877-568-2940 or, by clicking HERE and sending the completed form to benefits@sbcers.org.
RESBC Membership benefits include:
- 4 issues of the RESBC newsletter per year
- 4 subsidized luncheon meetings per year held at various county locations
- Opportunities to participate in subsidized day trips and special events
- Attendance at special presentations on critical issues such as health insurance, pension litigation, pension-related court decisions, etc
- Opportunity to socialize and have fun with former co-workers and friends
|
|
Have a question about an item in this newsletter?
Call a Benefit Representative at 1-877-568-2940. We are ready to help you!
|
|
Want to look at prior Newsletters?
Click HERE to visit the SBCERS Newsletter Archive.
|
|
|
|
|
|
|
