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forgotten your PIN, please call OCERS at
(714) 558-6200.
 
 
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Our retirement staff is standing by to help answer general questions during regular business hours (Email during evenings, weekends, and holidays)

 
 

 

Newsroom

 

Legislative Update
Click here to read the
latest legislative update
report
.

 

THU

02
OCT

Stockton Bankruptcy Court Ruling

The bankruptcy court in the City of Stockton case issued an oral ruling regarding the impairment of pensions in bankruptcy cases. This case does not immediately affect OCERS or any of its plan sponsors. Click here to read CalPERS' response to the court's ruling. OCERS will continue to monitor the Stockton case and will update relevant information as it becomes available.

FRI

10
OCT

AFSCME Contribution Rate Update

Effective pay period 21 AFSCME members will begin paying their full member contribution rate. Please click here to view your new rate.

FRI

29
AUG

The latest issue of OCERS by the Numbers

The latest edition of OCERS by the Numbers provides a general overview of our investment portfolio, demographics and benefits as of December 31, 2013. The document is now available to view or print here.

FRI

18
JUL

Contribution rates update

Beginning July 2014, the majority of OCERS active members will see an adjustment in their contribution rates. Contribution rate changes, whether up or down, are normal for systems that prefund retirement benefits. Please note that any additional employee contributions (including the "Reverse Pickup") are not established by OCERS, although actions by OCERS do impact the amount by which the Reverse Pickup rate increases or decreases from year to year. The employee contribution rates are based on age of entry and bargaining unit. To see current and new rates that go into effect around July 1, visit here.

FRI

30
MAY

OCERS awarded top honors for investment program
OCERS' investment program has received a prestigious 2014 Award for Excellence in Government Finance. Click here to read the press release.

THU

17
APR

Proposed Amendment to Actuarial Funding Policy
Upon recommendation of its actuary, the Segal Company, the Orange County Employees Retirement System is proposing an amendment of its Actuarial Funding Policy to include a cash out assumption as part of the process used to set employee contribution ratesThe impact of the cash out assumption on employee contribution rates is discussed at length in the Segal Company’s letter to the Board of Retirement found here.  OCERS welcomes public comment on this issue.  Please send written comments to OCERS at info@ocers.org. Public comments may be made at the April 21, 2014 meeting. This policy change with the proposed policy language was placed on the Board of Retirement Regular Meeting agenda for February 18, 2014 for final adoption, however, this matter was continued to April 21, 2014 so staff could gather more information for the Board of Retirement to consider.

FRI

17
JAN

Proposed Amendment to Actuarial Funding Policy
Upon recommendation of its actuary, the Segal Company, the Orange County Employees Retirement System is proposing an amendment of its Actuarial Funding Policy to include a Cash Out Assumption in its actuarial assumptions.  The Cash out Assumption will be applied to employee contribution rates.  The impact of the Cash Out Assumption on employee contribution rates is discussed at length in the Segal Company’s letter to the Board of Retirement found here.  This notice is being posted in compliance with the OCERS Cost Impacting Policy found here.  OCERS welcomes public comment on this issue.  Please send written comments to OCERS at info@ocers.org no later than February 5. Public is also welcome to comment at the January 21 and February 18 Board Meetings. This policy change with the proposed policy language will be placed on the Board of Retirement Regular Meeting agenda for February 18, 2014 for final adoption. (Matter was continued to a later board meeting.)

MON

02
DEC

2013

OCERS sets record straight on investments
The Orange County Register has published a letter co-authored by OCERS' Chair of the Investment Committee
and the Chair of the Board of Retirement. The letter addresses OCERS' successful approach to long-term investing. Read the letter here.

FRI

13
SEPT

2013

OCERS employs sound funding policy
Several recent media articles have focused attention on OCERS funding levels and ability to pay promised benefits. All current and future retirees should be confident in OCERS' ability to pay those promised benefits. As of July 31, 2013, OCERS' portfolio had more than $10.6 billion. OCERS, and other public pension systems in California, use widely accepted guidelines for long term planning, controlling costs, management of investment risk as well as controlling the volatility of employee and employer contributions. OCERS' policy to amortize its unfunded liability is in full compliance with the Governmental Accounting Standards Board (GASB). An in-depth article on this topic will be published in the October issue of At Your Service which is mailed to all OCERS members as well as posted on OCERS' Web site.

 
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