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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.

THU

19
JUL
2018

2017 CAFR Is Now Posted Online

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

 

TUE

3
JUL
2018

OCERS Named 'Public Plan of the Year'

OCERS was named Institutional Investor’s “Public Plan of the Year, Small Winner” at the 16th Annual Hedge Fund Industry Awards in New York City on June 28, 2018. Click here to 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.

 

TUE

19
JUN
2018

Submit Your Retirement Application Online

Register or log into your myOCERS account. Once the application is submitted an OCERS Retirement Specialist will contact you in a couple of days.

 

TUE

19
JUN
2018

How Do I Change My Beneficiary?

You are able to update your nominated beneficiary information via the Member Self Service portal, my OCERS. You may also update named beneficiary information by downloading the beneficiary change form from the Forms and Publications page, complete and return. We can also mail the form to you. Once you have retired, beneficiary updates cannot be made on Options 2, 3 and 4 as these payment calculations are actuarially reduced and consider the specific mortality information of the named beneficiary at the time of retirement.

 

 

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
Certain eligible employees hired by the County of Orange and Superior Court 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. Click here 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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