Ventura County Employees’ Retirement Association

Big Win at Ventura Pension Board

The pension board that oversees the pensions for County of Ventura workers was moving to exclude Market Based Premium Pay from being pensionable. This move from the Ventura County Employees’ Retirement Association (VCERA) Board would have hurt workers’ secure retirement. VCERA’s third-party counsel felt sure that it was interpreting the law correctly.

SEIU 721 Stands Up for Worker Pay at VCERA Board Meeting

The Ventura County Employees’ Retirement Association (VCERA) board voted 6-2 on Nov. 18, 2014 to allow pensionable compensation to be calculated based on a worker’s monthly pay. Having pension pay based on monthly pay seems like an obvious path but the County of Ventura has a differing position, arguing for base pay only in seeking a super narrow view of what should count towards a pension.