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Latest News...

 

Pre-Retirement Sessions

If you are planning to retire within the next year or so, we recommend that you attend our Pre-Retirement Sessions. Due to limited seating, registration is required. Click here for our upcoming dates and registration link.

TUE

14
AUG
2018

Election for General Member of the Board of Retirement

An election will be conducted to select one person from the Active General Membership for a three-year term beginning on January 1, 2019 to the Orange County Employees Retirement System's Board of Retirement.Click here to read the notice and election schedule.

 

FRI

3
AUG
2018

OCERS Reports 7.90 Percent 1-Year Investment Return as of June 30, 2018

OCERS Chief Investment Officer Molly Murphy has announced that the fund posted a 7.90 percent return (net of fees) for the one-year period ended June 30, 2018. That gain exceeded the investment assumption of 7.0 percent. As of June 30, 2018, OCERS' total fund value was $15.7 billion.

 

WED

1
AUG
2018

Managing Director Opening

The Opportunity:  OCERS is recruiting for a Managing Director position. The Managing Director position will report directly to the Chief Investment Officer (CIO). This position is responsible for assisting/supporting the CIO in all duties related to the investment of the portfolio, including but not limited to portfolio strategy, manager due diligence, and internal/external communications and reporting. Read more.

 

WED

25
JUL
2018

RFP: Administrative Hearing Officer Services

OCERS is soliciting proposals from qualified attorneys to serve on OCERS’ Hearing Officer Panel. The members of the Hearing Officer Panel serve as referees whenever it is necessary to hold an evidentiary hearing in disability retirement determinations and retirement benefit matters brought before the OCERS Board of Retirement. Read more.

 

THU

19
JUL
2018

2017 CAFR Is Now Online

The 2017 Comprehensive Annual Financial Report (CAFR) can be viewed here and hard copies may be requested. Read more.

 

TUE

3
JUL
2018

2018/2019 Contribution Rate

Beginning pay period 15, new contribution rates for employees and employers go into effect. Many active members will see a change in their contributions. The new rates are based on the 2016 Actuarial Valuation which establishes the funding requirements for fiscal year 2018-2019. The valuation can be viewed here. In addition, the County of Orange and several special districts (employers) have negotiated “reverse pickup” amounts that will also go into effect pay period 15. To view your contribution rate and reverse pickup amount, click here.

 

 

Who is OCERS?
OCERS provides lifetime retirement and disability benefits to employees of the County and certain districts. Membership in OCERS is mandatory for all eligible employees. It is, however, optional for certain elected officials and new employees age 60 and over who waive membership. Employee contributions to OCERS is mandatory. However, as a member of OCERS, you neither contribute toward, nor receive credit for, Social Security.

Video Library Online

We have instructional videos on our Video Library page. If you are new to OCERS, be sure to watch the FAQ video-Defined Benefit Plan.

myOCERS Registration Support

For information about myOCERS online portal and instructions on how to register and create a new myOCERS portal account, please visit our Registration Support page.

Verification of Your Monthly Benefit ("Award Letter")

OCERS has a feature for payees using myOCERS to view and print a verification of their monthly benefit (also known as an "Award Letter"). The Award Letter displays the payee's retirement date and gross monthly allowance. This is often needed when applying for benefits with Social Security or used as income verification for loans and other financial transactions.

Certain Members Must Choose Their Retirement Benefit Plan
Active members of OCERS prior to January 1, 2013 who move to certain eligible positions with the County of Orange and Superior Court within six months if it is a new employer, or those who were employed by a reciprocal system prior to January 1, 2013, are required to elect their retirement benefit formula. To help these eligible members understand details about Plan P ("1.62% at 65") and Plan I/J ("2.7% at 55"), OCERS provides a number of resources to help these members determine which plan is better for them. See the resources section on the Membership page to learn more.

Latest Publications...

 

OCERS Extra

OCERS Extra
Click here to read the latest OCERS Extra eZine for a summary of the most recent Board Meeting!

At Your Service
Click here for the latest At Your Service newsletter.

 

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