R GARCIA, Alejandra Alameda Health System MARTIN, Joseph A. Sheriff ’s Office SENG, Sothan Alameda Health System BRAZIL, Cynthia Social Services Agency GRANT, Sharon LARPD MOSS, Faith L. Probation SWENSON, Vickie L. Sheriff ’s Office BEERS, Lenora A. Alameda Health System CARR, Joyce Alameda Health System CASTON, Johnnie V. Social Services Agency ENGEL, Timothy Sheriff ’s Office ENRIQUEZ, William O. Alameda Health System FERREIRA, Susan D. Superior Court FISCHER, Raymond M. Alameda Health System GORMLEY, Mary Ellyn County Counsel HARRIS, Carolyn A. Sheriff ’s Office HERNANDEZ, Yvette Alameda Health System HOLLFELDER, Gregory D. Public Works Agency HONG, Suezhen Community Development Agency LEWIS, Brenda S. Social Services Agency MERCADO, Erlinda R. Auditor-Controller NAGAC, Carlo M. Public Works Agency PIERRE-BRAND, Sonja Social Services Agency RANKL, Donn W. Public Works Agency RENO, Dennis C. Public Works Agency RIOS, Jaime S. Zone 7 C AMMSSO, Ala A. Information Technology E A Nonprofit org. U.S. Postage PAID Permit 4174 Oakland, CA Retired Employees of Alameda County P.O. Box 302–Oakland, CA 94604 January 2017 SMITH, Mary J. Social Services Agency TEJADA, Kimberly E. District Attorney–DEF WATSON, Thornwell N. Public Health WEIDMAN, Bruce D. LARPD Zip Code: Telephone: REAC, P.O. Box 302, Oakland, CA 94604 or e-mail [email protected] Moving? Please fill out and mail this notice to the following address: Mc Cullough, Mary S. 11/7/2016 Housing Authority–DEF The purpose of the Retired Employees of Alameda County (REAC) is to promote the common good and general welfare of Alameda County retired employees, subject to the County Employees Retirement Act of 1937, by promoting the interests of its members throughout the community by means of social, political, and educational activities that advance the social welfare of such retirees. January 2017 REAC News 5 REAC’S Mission The surviving spouse of a member is eligible for REAC membership. To enroll, call Jerry Jacobs, membership chair, at (510) 835-5493. REAC Officers and Directors 1/2017 Hicks, Edward W. 11/4/2016 Public Health Leong, Allen H. 11/7/2016 Assessor Williams, Florida 11/10/2016 Survivor of John Williams, Jr. Name: New Address: City/State: Date of Move: Old Address: Courneen, Jr., Fordyce D. 11/12/2016 Assessor Halstead, Roslyn T. 11/27/2016 Survivor of Daniel P. Halstead, Jr. Klettke, Dale 10/26/2016 Environmental Health–DEF Valinoti, Ronald L. 11/7/2016 Public Health–DEF Carter, Clarence 10/27/2016 Probation Grant, Jean C. 10/17/2016 General Services Agency Kearn, Elaine 10/21/2016 Survivor of Charles E. Kearn Souza, Irene A. 10/10/2016 Alameda Health System– DEF • Vice President, Acting President: Jon Orellana............................... (925) 922-0907 • Secretary: Paul Reeves................ (510) 755-3740 [email protected] • Treasurer: Jessie [email protected] • Directors: Marian Breitbart........................ (510) 769-1604 Gerry Dunn............................... (510) 653-9313 [email protected] Jerry Jacobs................................. (510) 835-5493 [email protected] Mike Smart......................... [email protected] Liz Koppenhaver........................ (510) 582-8550 [email protected] Rosalie Masuda.......................... (510) 339-1307 [email protected] • Directors Emeriti: Emily Shea................................. (510) 522-0856 Ken Moresi................................ (510) 531-7050 Janet Waring.............................. (510) 522-3406 Barbara Jean Hallisey................. (510) 881-1493 Steve Scheinman........................ (925) 570-5273 James J. Hartnett, Jr.................... (925) 935-3763 Brenzel, Norman P. 10/22/2016 Public Works Agency–DEF Dowd, Marie J. 11/4/2016 Survivor of James A. Dowd Jow, Bertha 11/3/2016 Superior Court Scarbrough, Robert W. 11/25/2016 General Services Agency Also send change of address to ACERA: Alameda County Employees’ Retirement Association (ACERA) 475 14th St., Ste. 1000, Oakland, CA 94612 Phone: 800-838-1932 or 510-628-3000 Select Option 1 for the Retiree Benefits Unit (health, vision, dental, etc.) Brackett, Stanley 10/11/2016 Health Care Services Agency Davis, Ronald C. 11/24/2016 Sheriff ’s Office Reeves have chosen to seek reelection; Jon Orellana has chosen not to seek reelection. In accordance with Article VII of the aforementioned bylaws, any regular memf the ongoing challenges to your pension ber wishing to run for the board must file benefits concern you and you want to help an application, in writing, with the REAC address issues that question the benefits you board secretary with the signatures of at have earned, it is time to consider joining the REAC Board of Directors. It is essential least ten regular members at least thirty days prior to the annual membership meetthat each one of the board’s positions be ing announced above. Should the election filled in order to ensure the organization’s of directors be uncontested, the nomiproductivity and success in acting as an nating committee will recommend the advocate and source of critical information election of the candidates and propose that for Alameda county retirees. the president seek membership concurIf you are interested in learning about what rence by approving said recommendation the REAC board members do and how by voice vote. If the election of directors is much time and work is involved, please call contested, written ballots will be distribJon Orellana or Paul Reeves. Our contact uted at the annual membership meeting. information appears on the back page. ConThe secretary will collect the ballots and tacting us is not a commitment so if you have tabulate the votes. The candidates receiving any interest at all, or if you are merely curious the most votes will then be appointed in about what is involved, please get in touch ranked order. with us. We cannot overstate how important it is to have a full complement of directors on Medicare Part B Reimbursement the REAC board. Plan Benefits for 2017 I WINTON, Gloria J. Social Services Agency Editor: Diane Sturgeon; Membership: Jerry Jacobs, (510) 835-5493; Printing and Mailing: Red Arrow Printing Baker, Martha V. 10/30/2016 Survivor of Porter Baker JANUARY 2017 REAC Board of Directors Announces Vacancy SCHAPERO, Shirley M. Social Services Agency Hopkins, Willie 10/12/2016 Probation The Official Monthly Publication of the Retired Employees of Alameda County, Inc. P.O. Box 302, Oakland, CA 94604 Directors’ Comments by Jon Orellana, Vice President/Acting President In deepest sympathy to the family and friends of the following retirees: Dajani, Saeb 11/9/2016 Environmental Health A VOLUME 38 NUMBER 1 ADDRESS SERVICE REQUESTED In Memoriam Avelino, Elizabeth A. 11/8/2016 Superior Court R E C Congratulations On Your Retirement Notice of Annual Membership Meeting I n accordance with Article VI of the Bylaws of the Retired Employees of Alameda County, this is to advise the membership that the corporation’s annual membership meeting will take place on Monday, March 13, 2017, at 11:00 am at the Meadows at Redwood Canyon Golf Course, 17007 Redwood Road, Castro Valley, California. The following REAC directors’ terms expire in March 2017: Jerry Jacobs, Paul Reeves, and Jon Orellana. Jerry Jacobs and Paul T he Centers for Medicare & Medicaid Services (CMS) announced the 2017 Medicare Part B premiums on November 10, 2016. The standard monthly premium for recipients who enrolled prior to 2016 and who earn an income of $85,000 or less is increased from $104.90 to $109. For enrollees in 2016, the standard monthly premium is increased from $121.80 to $126.80. The standard monthly premium for new enrollees in 2017 will be $134. Enrollees with a higher income level continued on page 2 REAC Board Meetings January 9, 2017 (Monday) 9:30 am Ala. Cty. Health Care #242 1000 San Leandro Blvd. San Leandro February 8, 2017 (Monday) 9:30 am Ala. Cty. Health Care #242 1000 San Leandro Blvd. San Leandro http://reacsite.org [email protected] ACERA Trustees Meetings January 19, 2017 (Thursday) 2:00 pm 475 14th Street, Oakland February 16, 2017 (Thursday) 2:00 pm 475 14th Street, Oakland www.acera.org Welcome New Members Jesse Casares Peter Cerniglia Lorraine Garces Jules Garibaldi Carolyn Harris Laurie Martellacci Grady Nobles Rosa Perez Gabriel Rafael Timothy Schantin Linda Slater Directors’ Comments continued from page 1 will pay a standard premium of $134, regardless of their date of enrollment, as well as an income-related monthly adjustment amount. Based on the Supplemental Retiree Benefit Reserve (SRBR) policy, ACERA reimburses eligible retirees the lowest standard premium amount. Based on the increased Medicare Part B reimbursement plan benefit of $109, the estimated number of retirees eligible in 2017 is 5,549 with the estimated total annual cost of $7,258,092. The ACERA Board of Trustees considered the staff recommendation at its meeting on December 15, 2016, and adopted the Medicare Part B reimbursement at the lowest premium rate of $109. This is a non-vested benefit that requires retirees to apply for initiation of the benefit. The benefit once started does not require annual reapplication. ACERA Investment Report A CERA reported in its November 2016 Performance Report that the fund had gained $44,073,441. The total fund returned .85%. The total market value of the fund at the end of November was $6,882,700,103. REAC Web Site W e want to thank those of you who have already converted to the electronic version of the REAC News. However, we request that those of you who have not done so to consider having access to an electronic copy of the newsletter rather than receiving a hard copy. If you choose this option, you will receive an e-mail telling you when a new version of the newsletter is available along with a link to the document. You can then read it online. You can also read earlier editions on the web site. If you opt out of receiving the printed version, you will assist REAC by reducing postage costs and paper usage. Thank you for considering this option. To receive the REAC News online, 1. Go to the web site, reacsite.org, and click on the Members Only Resources link. 2. Enter the REAC password (if you don’t have the password, submit the information requested; and the password will be e-mailed to you). 3. Scroll down to the bottom of the page, and you will find the Electronic Newsletter section. 4. Type in your name and e-mail address, and click on “Yes, count me in!” This completes the registration process. You may receive at least one additional newsletter in the mail depending on the date you sign up for the online edition. See’s Candies W e are glad to announce that REAC has renewed its participation in the See’s Candies quantity discount program. This allows you to buy candies from See’s quantity discount stores only. However, if you buy certificates from a quantity discount store, they are redeemable from any See’s Candies store, except the Oakland Airport. You can receive a discount of up to 22% depending on the items you purchase. There is no minimum purchase required, but the purchase of the items must be from a See’s quantity discount store. You can go to www.sees.com/discountshops to locate the available stores. You will need to show your REAC membership card to ensure you get your discount at the quantity discount store. If you don’t have a membership card or have misplaced it, you can contact the REAC membership chair, Jerry Jacobs at [email protected] to receive a card. You must remember that in order to receive the discount the program sponsor is REAC—not ACERA or Alameda County. Minutes of the Meeting of the Board of Directors of the Retired Employees of Alameda County, Monday, December 12, 2016 T he meeting was called to order at 9:30 am by Jon Orellana, vice president and acting president of the board, at the Health Care Services Agency Building, Room 242, 1000 San Leandro Boulevard, San Leandro. 2 Roll Call P resent were Jon Orellana, Paul Reeves, Jerry Jacobs, Jessie Guiton, Marian Breitbart, Rosalie Masuda, and Liz Koppenhaver. Gerry Dunn and Mike Smart were excused. January 2017 REAC News Also present were Steve Scheinman, director emeritus, and Pete Albert, ACRE president. Previous Meeting Minutes T he minutes of the November 14, 2016, board meeting were reviewed. It was moved by Marian Breitbart and seconded by Rosalie Masuda that the minutes be approved as submitted. The motion was approved with two abstentions. Announcements and Communications J on reported that he received several contacts from members inquiring about membership cards and See’s Candies. He will include a clarification in the next REAC News regarding who members should contact to obtain lost membership cards, who actually sponsors the discount program (REAC), and how members can purchase discounted See’s Candies. Paul reported that he also receives e-mails and phone calls regarding lost membership cards and See’s Candies. In addition, he also reported that he continues to receive e-mails from members who want to receive the newsletter online, but do not know how to make that happen. Each time he receives such a request, he sends the member specific instructions on the process. Liz Koppenhaver reported that she received a call from a member whose spouse is a safety member. The member wanted ACERA to pay the full amount of the Medicare Part B premium. Liz explained to the member that the Supplemental Retiree Benefit Reserve (SRBR) policy only allows for reimbursement of the lowest standard premium, which will be $109 for 2017. Steve Scheinman reported that he was still receiving a hard copy of the Public Retirement Journal; and since he is no longer on the board, that should be changed. Jessie Guiton will follow up. Jon reported that ACERA will be honoring Dave Safer for his years of service after the board meeting on December 15. Jon also reported that Pete Albert, ACRE president, agreed to add REAC’s name to the plaque being given to Dave thanking him for his years of dedicated service. Reports ACERA: There was no Retirees Committee report because the Retirees Committee did not meet this month. Treasurer’s Report: Jessie distributed copies of the November 2016 Treasurer’s Report. Receipts were $4,175.80, and disbursements were $3,300. Three checks, totaling January 2017 REAC News $2,188.78, were not cashed in November. In addition, a check for $1,224.20, issued in October 2016, was not cashed until November 2016. It was moved by Marian and seconded by Rosalie that the November 2016 Treasurer’s Report be approved as submitted. The motion was approved. Jessie also reported on the October 2016 Treasurer’s Report, copies of which were distributed during the November 2016 REAC board meeting. Receipts were $8,187.05, and disbursements were $9,641.06. Luncheon receipts totaled $2,892.12, and luncheon disbursements totaled $4,070.93. It was moved by Paul and seconded by Liz that the October 2016 Treasurer’s Report be approved as submitted. The motion was approved. Jerry reminded the board that Steve will need to be removed as a signer for REAC’s credit union account. In order to have at least two signers available, he is recommending that Paul be added as an authorized signer. After some discussion, Jessie will research the process needed to remove Steve and add Paul and then report back at the January 2017 board meeting. Jon gave a brief report on REAC’s 2015 Annual Review which was completed by Douglas Taylor, CPA. The review concluded that REAC’s financial statements and practices were consistent with standard financial practices and in conformity with those practices. It was moved by Jessie and seconded by Rosalie that REAC’s 2015 Annual Review be approved as submitted. The motion was approved. Jessie reported that she will be working with Jim Hartnett to create the proposed annual budget for calendar year 2017. Once completed, it will be e-mailed to the board so that it can be approved at the January 2017 board meeting. SACRS: There was no new information to report. Jon reminded the board that he will no longer be on the board after his term ends in March 2017 and, therefore, will no longer attend the SACRS meetings. He feels that SACRS is a valuable organization and that REAC will benefit by continuing to attend their meetings. He hopes that a member of the board will agree to attend as his replacement. If that is not possible, he will consider attending as a REAC member. Retiree Committee: There was no Retiree Committee meeting this month. Jon reported that he received an advanced copy of the Medicare Part B Reimbursement Plan Benefits for 2017. The standard monthly premium for recipients who enroll prior to 2016 and who earn an income of $85,000 or less (based on their 2015 individual tax return) will be increased from $104.90 to $109. For enrollees in 2016, the standard monthly premium will be increased from $121.80 to $126.80. The standard monthly premium for new enrollees in 2017 will be $134. Enrollees with a higher income level will pay a standard premium of $134, regardless of the date of enrollment, as well as an income-related monthly adjustment amount. Investment Committee: There was no new information to report. The next Investment Committee meeting will be held on December 14, 2016. Steve reported that Ken Moresi suggested that REAC might consider asking ACERA to set aside excess resources for future need since the market is doing very well now. After some discussion, the board decided not to take a formal action. Membership and Recruitment: Membership at the end of November 2016 stood at 4,087. Jerry reminded the board that he needs to purchase additional supplies. Since the board gave him prior approval to purchase supplies as needed, no additional board action was necessary. REAC News: Jon reported that the next REAC News will include the Nominating Committee report on the REAC board members who will be seeking an additional term and the information regarding the REAC annual membership meeting, which will be held on March 13, 2017. Other Reports: There was no additional information to report. Old Business: Jon asked the board if we have received any calls or communication from members who might be interested in serving on the board. Liz is aware of a member who had expressed interest in the past and might still be interested. She will contact that individual and report back. Jon adjourned the meeting at 11:20 am. —Respectfully submitted by Paul Reeves, Board Secretary Heath Care: Rosalie continued to stress the importance of getting flu shots. CRCEA: Jerry Jacobs requested a copy of the picture currently being used for the REAC web site. He wants to use that image as part of the information REAC will use for the CRCEA Fall 2017 Conference, which we are hosting. Paul informed him that he would have our web designer send him the image. Jerry reported that he is continuing to work on developing the agendas for the conference and creating a list of the activities which need to be accomplished. Once that is completed, he will have a better idea as to how many volunteers we will need and what they will be doing. Dream Bigger. With our home equity line of credit. Rates as low as Pete mentioned that ACRE will contribute $500 towards the cost of the conference and that there is also the potential of another contribution from another SEIU committee of $500 towards the cost of the conference. The board expressed its sincerest appreciation for the financial contributions made by ACRE and SEIU. 3 Activities: Steve reminded the board that we need to send out invitations to our spring luncheon invitees by the end of January. In addition, he also suggested that we begin a discussion regarding who we might invite as our luncheon guest speaker. 4.24% APR 1stunitedcu.org | (800) 649-0193 APR (Annual Percentage Rate) as of November 1, 2016 and is subject to change. Lowest rate quoted. Your rate may vary based on creditworthiness, amount financed and terms and conditions. Loans are subject to credit approval and rates are subject to change without notice. 4 January 2017 REAC News Directors’ Comments continued from page 1 will pay a standard premium of $134, regardless of their date of enrollment, as well as an income-related monthly adjustment amount. Based on the Supplemental Retiree Benefit Reserve (SRBR) policy, ACERA reimburses eligible retirees the lowest standard premium amount. Based on the increased Medicare Part B reimbursement plan benefit of $109, the estimated number of retirees eligible in 2017 is 5,549 with the estimated total annual cost of $7,258,092. The ACERA Board of Trustees considered the staff recommendation at its meeting on December 15, 2016, and adopted the Medicare Part B reimbursement at the lowest premium rate of $109. This is a non-vested benefit that requires retirees to apply for initiation of the benefit. The benefit once started does not require annual reapplication. ACERA Investment Report A CERA reported in its November 2016 Performance Report that the fund had gained $44,073,441. The total fund returned .85%. The total market value of the fund at the end of November was $6,882,700,103. REAC Web Site W e want to thank those of you who have already converted to the electronic version of the REAC News. However, we request that those of you who have not done so to consider having access to an electronic copy of the newsletter rather than receiving a hard copy. If you choose this option, you will receive an e-mail telling you when a new version of the newsletter is available along with a link to the document. You can then read it online. You can also read earlier editions on the web site. If you opt out of receiving the printed version, you will assist REAC by reducing postage costs and paper usage. Thank you for considering this option. To receive the REAC News online, 1. Go to the web site, reacsite.org, and click on the Members Only Resources link. 2. Enter the REAC password (if you don’t have the password, submit the information requested; and the password will be e-mailed to you). 3. Scroll down to the bottom of the page, and you will find the Electronic Newsletter section. 4. Type in your name and e-mail address, and click on “Yes, count me in!” This completes the registration process. You may receive at least one additional newsletter in the mail depending on the date you sign up for the online edition. See’s Candies W e are glad to announce that REAC has renewed its participation in the See’s Candies quantity discount program. This allows you to buy candies from See’s quantity discount stores only. However, if you buy certificates from a quantity discount store, they are redeemable from any See’s Candies store, except the Oakland Airport. You can receive a discount of up to 22% depending on the items you purchase. There is no minimum purchase required, but the purchase of the items must be from a See’s quantity discount store. You can go to www.sees.com/discountshops to locate the available stores. You will need to show your REAC membership card to ensure you get your discount at the quantity discount store. If you don’t have a membership card or have misplaced it, you can contact the REAC membership chair, Jerry Jacobs at [email protected] to receive a card. You must remember that in order to receive the discount the program sponsor is REAC—not ACERA or Alameda County. Minutes of the Meeting of the Board of Directors of the Retired Employees of Alameda County, Monday, December 12, 2016 T he meeting was called to order at 9:30 am by Jon Orellana, vice president and acting president of the board, at the Health Care Services Agency Building, Room 242, 1000 San Leandro Boulevard, San Leandro. 2 Roll Call P resent were Jon Orellana, Paul Reeves, Jerry Jacobs, Jessie Guiton, Marian Breitbart, Rosalie Masuda, and Liz Koppenhaver. Gerry Dunn and Mike Smart were excused. January 2017 REAC News Also present were Steve Scheinman, director emeritus, and Pete Albert, ACRE president. Previous Meeting Minutes T he minutes of the November 14, 2016, board meeting were reviewed. It was moved by Marian Breitbart and seconded by Rosalie Masuda that the minutes be approved as submitted. The motion was approved with two abstentions. Announcements and Communications J on reported that he received several contacts from members inquiring about membership cards and See’s Candies. He will include a clarification in the next REAC News regarding who members should contact to obtain lost membership cards, who actually sponsors the discount program (REAC), and how members can purchase discounted See’s Candies. Paul reported that he also receives e-mails and phone calls regarding lost membership cards and See’s Candies. In addition, he also reported that he continues to receive e-mails from members who want to receive the newsletter online, but do not know how to make that happen. Each time he receives such a request, he sends the member specific instructions on the process. Liz Koppenhaver reported that she received a call from a member whose spouse is a safety member. The member wanted ACERA to pay the full amount of the Medicare Part B premium. Liz explained to the member that the Supplemental Retiree Benefit Reserve (SRBR) policy only allows for reimbursement of the lowest standard premium, which will be $109 for 2017. Steve Scheinman reported that he was still receiving a hard copy of the Public Retirement Journal; and since he is no longer on the board, that should be changed. Jessie Guiton will follow up. Jon reported that ACERA will be honoring Dave Safer for his years of service after the board meeting on December 15. Jon also reported that Pete Albert, ACRE president, agreed to add REAC’s name to the plaque being given to Dave thanking him for his years of dedicated service. Reports ACERA: There was no Retirees Committee report because the Retirees Committee did not meet this month. Treasurer’s Report: Jessie distributed copies of the November 2016 Treasurer’s Report. Receipts were $4,175.80, and disbursements were $3,300. Three checks, totaling January 2017 REAC News $2,188.78, were not cashed in November. In addition, a check for $1,224.20, issued in October 2016, was not cashed until November 2016. It was moved by Marian and seconded by Rosalie that the November 2016 Treasurer’s Report be approved as submitted. The motion was approved. Jessie also reported on the October 2016 Treasurer’s Report, copies of which were distributed during the November 2016 REAC board meeting. Receipts were $8,187.05, and disbursements were $9,641.06. Luncheon receipts totaled $2,892.12, and luncheon disbursements totaled $4,070.93. It was moved by Paul and seconded by Liz that the October 2016 Treasurer’s Report be approved as submitted. The motion was approved. Jerry reminded the board that Steve will need to be removed as a signer for REAC’s credit union account. In order to have at least two signers available, he is recommending that Paul be added as an authorized signer. After some discussion, Jessie will research the process needed to remove Steve and add Paul and then report back at the January 2017 board meeting. Jon gave a brief report on REAC’s 2015 Annual Review which was completed by Douglas Taylor, CPA. The review concluded that REAC’s financial statements and practices were consistent with standard financial practices and in conformity with those practices. It was moved by Jessie and seconded by Rosalie that REAC’s 2015 Annual Review be approved as submitted. The motion was approved. Jessie reported that she will be working with Jim Hartnett to create the proposed annual budget for calendar year 2017. Once completed, it will be e-mailed to the board so that it can be approved at the January 2017 board meeting. SACRS: There was no new information to report. Jon reminded the board that he will no longer be on the board after his term ends in March 2017 and, therefore, will no longer attend the SACRS meetings. He feels that SACRS is a valuable organization and that REAC will benefit by continuing to attend their meetings. He hopes that a member of the board will agree to attend as his replacement. If that is not possible, he will consider attending as a REAC member. Retiree Committee: There was no Retiree Committee meeting this month. Jon reported that he received an advanced copy of the Medicare Part B Reimbursement Plan Benefits for 2017. The standard monthly premium for recipients who enroll prior to 2016 and who earn an income of $85,000 or less (based on their 2015 individual tax return) will be increased from $104.90 to $109. For enrollees in 2016, the standard monthly premium will be increased from $121.80 to $126.80. The standard monthly premium for new enrollees in 2017 will be $134. Enrollees with a higher income level will pay a standard premium of $134, regardless of the date of enrollment, as well as an income-related monthly adjustment amount. Investment Committee: There was no new information to report. The next Investment Committee meeting will be held on December 14, 2016. Steve reported that Ken Moresi suggested that REAC might consider asking ACERA to set aside excess resources for future need since the market is doing very well now. After some discussion, the board decided not to take a formal action. Membership and Recruitment: Membership at the end of November 2016 stood at 4,087. Jerry reminded the board that he needs to purchase additional supplies. Since the board gave him prior approval to purchase supplies as needed, no additional board action was necessary. REAC News: Jon reported that the next REAC News will include the Nominating Committee report on the REAC board members who will be seeking an additional term and the information regarding the REAC annual membership meeting, which will be held on March 13, 2017. Other Reports: There was no additional information to report. Old Business: Jon asked the board if we have received any calls or communication from members who might be interested in serving on the board. Liz is aware of a member who had expressed interest in the past and might still be interested. She will contact that individual and report back. Jon adjourned the meeting at 11:20 am. —Respectfully submitted by Paul Reeves, Board Secretary Heath Care: Rosalie continued to stress the importance of getting flu shots. CRCEA: Jerry Jacobs requested a copy of the picture currently being used for the REAC web site. He wants to use that image as part of the information REAC will use for the CRCEA Fall 2017 Conference, which we are hosting. Paul informed him that he would have our web designer send him the image. Jerry reported that he is continuing to work on developing the agendas for the conference and creating a list of the activities which need to be accomplished. Once that is completed, he will have a better idea as to how many volunteers we will need and what they will be doing. Dream Bigger. With our home equity line of credit. Rates as low as Pete mentioned that ACRE will contribute $500 towards the cost of the conference and that there is also the potential of another contribution from another SEIU committee of $500 towards the cost of the conference. The board expressed its sincerest appreciation for the financial contributions made by ACRE and SEIU. 3 Activities: Steve reminded the board that we need to send out invitations to our spring luncheon invitees by the end of January. In addition, he also suggested that we begin a discussion regarding who we might invite as our luncheon guest speaker. 4.24% APR 1stunitedcu.org | (800) 649-0193 APR (Annual Percentage Rate) as of November 1, 2016 and is subject to change. Lowest rate quoted. Your rate may vary based on creditworthiness, amount financed and terms and conditions. Loans are subject to credit approval and rates are subject to change without notice. 4 January 2017 REAC News Directors’ Comments continued from page 1 will pay a standard premium of $134, regardless of their date of enrollment, as well as an income-related monthly adjustment amount. Based on the Supplemental Retiree Benefit Reserve (SRBR) policy, ACERA reimburses eligible retirees the lowest standard premium amount. Based on the increased Medicare Part B reimbursement plan benefit of $109, the estimated number of retirees eligible in 2017 is 5,549 with the estimated total annual cost of $7,258,092. The ACERA Board of Trustees considered the staff recommendation at its meeting on December 15, 2016, and adopted the Medicare Part B reimbursement at the lowest premium rate of $109. This is a non-vested benefit that requires retirees to apply for initiation of the benefit. The benefit once started does not require annual reapplication. ACERA Investment Report A CERA reported in its November 2016 Performance Report that the fund had gained $44,073,441. The total fund returned .85%. The total market value of the fund at the end of November was $6,882,700,103. REAC Web Site W e want to thank those of you who have already converted to the electronic version of the REAC News. However, we request that those of you who have not done so to consider having access to an electronic copy of the newsletter rather than receiving a hard copy. If you choose this option, you will receive an e-mail telling you when a new version of the newsletter is available along with a link to the document. You can then read it online. You can also read earlier editions on the web site. If you opt out of receiving the printed version, you will assist REAC by reducing postage costs and paper usage. Thank you for considering this option. To receive the REAC News online, 1. Go to the web site, reacsite.org, and click on the Members Only Resources link. 2. Enter the REAC password (if you don’t have the password, submit the information requested; and the password will be e-mailed to you). 3. Scroll down to the bottom of the page, and you will find the Electronic Newsletter section. 4. Type in your name and e-mail address, and click on “Yes, count me in!” This completes the registration process. You may receive at least one additional newsletter in the mail depending on the date you sign up for the online edition. See’s Candies W e are glad to announce that REAC has renewed its participation in the See’s Candies quantity discount program. This allows you to buy candies from See’s quantity discount stores only. However, if you buy certificates from a quantity discount store, they are redeemable from any See’s Candies store, except the Oakland Airport. You can receive a discount of up to 22% depending on the items you purchase. There is no minimum purchase required, but the purchase of the items must be from a See’s quantity discount store. You can go to www.sees.com/discountshops to locate the available stores. You will need to show your REAC membership card to ensure you get your discount at the quantity discount store. If you don’t have a membership card or have misplaced it, you can contact the REAC membership chair, Jerry Jacobs at [email protected] to receive a card. You must remember that in order to receive the discount the program sponsor is REAC—not ACERA or Alameda County. Minutes of the Meeting of the Board of Directors of the Retired Employees of Alameda County, Monday, December 12, 2016 T he meeting was called to order at 9:30 am by Jon Orellana, vice president and acting president of the board, at the Health Care Services Agency Building, Room 242, 1000 San Leandro Boulevard, San Leandro. 2 Roll Call P resent were Jon Orellana, Paul Reeves, Jerry Jacobs, Jessie Guiton, Marian Breitbart, Rosalie Masuda, and Liz Koppenhaver. Gerry Dunn and Mike Smart were excused. January 2017 REAC News Also present were Steve Scheinman, director emeritus, and Pete Albert, ACRE president. Previous Meeting Minutes T he minutes of the November 14, 2016, board meeting were reviewed. It was moved by Marian Breitbart and seconded by Rosalie Masuda that the minutes be approved as submitted. The motion was approved with two abstentions. Announcements and Communications J on reported that he received several contacts from members inquiring about membership cards and See’s Candies. He will include a clarification in the next REAC News regarding who members should contact to obtain lost membership cards, who actually sponsors the discount program (REAC), and how members can purchase discounted See’s Candies. Paul reported that he also receives e-mails and phone calls regarding lost membership cards and See’s Candies. In addition, he also reported that he continues to receive e-mails from members who want to receive the newsletter online, but do not know how to make that happen. Each time he receives such a request, he sends the member specific instructions on the process. Liz Koppenhaver reported that she received a call from a member whose spouse is a safety member. The member wanted ACERA to pay the full amount of the Medicare Part B premium. Liz explained to the member that the Supplemental Retiree Benefit Reserve (SRBR) policy only allows for reimbursement of the lowest standard premium, which will be $109 for 2017. Steve Scheinman reported that he was still receiving a hard copy of the Public Retirement Journal; and since he is no longer on the board, that should be changed. Jessie Guiton will follow up. Jon reported that ACERA will be honoring Dave Safer for his years of service after the board meeting on December 15. Jon also reported that Pete Albert, ACRE president, agreed to add REAC’s name to the plaque being given to Dave thanking him for his years of dedicated service. Reports ACERA: There was no Retirees Committee report because the Retirees Committee did not meet this month. Treasurer’s Report: Jessie distributed copies of the November 2016 Treasurer’s Report. Receipts were $4,175.80, and disbursements were $3,300. Three checks, totaling January 2017 REAC News $2,188.78, were not cashed in November. In addition, a check for $1,224.20, issued in October 2016, was not cashed until November 2016. It was moved by Marian and seconded by Rosalie that the November 2016 Treasurer’s Report be approved as submitted. The motion was approved. Jessie also reported on the October 2016 Treasurer’s Report, copies of which were distributed during the November 2016 REAC board meeting. Receipts were $8,187.05, and disbursements were $9,641.06. Luncheon receipts totaled $2,892.12, and luncheon disbursements totaled $4,070.93. It was moved by Paul and seconded by Liz that the October 2016 Treasurer’s Report be approved as submitted. The motion was approved. Jerry reminded the board that Steve will need to be removed as a signer for REAC’s credit union account. In order to have at least two signers available, he is recommending that Paul be added as an authorized signer. After some discussion, Jessie will research the process needed to remove Steve and add Paul and then report back at the January 2017 board meeting. Jon gave a brief report on REAC’s 2015 Annual Review which was completed by Douglas Taylor, CPA. The review concluded that REAC’s financial statements and practices were consistent with standard financial practices and in conformity with those practices. It was moved by Jessie and seconded by Rosalie that REAC’s 2015 Annual Review be approved as submitted. The motion was approved. Jessie reported that she will be working with Jim Hartnett to create the proposed annual budget for calendar year 2017. Once completed, it will be e-mailed to the board so that it can be approved at the January 2017 board meeting. SACRS: There was no new information to report. Jon reminded the board that he will no longer be on the board after his term ends in March 2017 and, therefore, will no longer attend the SACRS meetings. He feels that SACRS is a valuable organization and that REAC will benefit by continuing to attend their meetings. He hopes that a member of the board will agree to attend as his replacement. If that is not possible, he will consider attending as a REAC member. Retiree Committee: There was no Retiree Committee meeting this month. Jon reported that he received an advanced copy of the Medicare Part B Reimbursement Plan Benefits for 2017. The standard monthly premium for recipients who enroll prior to 2016 and who earn an income of $85,000 or less (based on their 2015 individual tax return) will be increased from $104.90 to $109. For enrollees in 2016, the standard monthly premium will be increased from $121.80 to $126.80. The standard monthly premium for new enrollees in 2017 will be $134. Enrollees with a higher income level will pay a standard premium of $134, regardless of the date of enrollment, as well as an income-related monthly adjustment amount. Investment Committee: There was no new information to report. The next Investment Committee meeting will be held on December 14, 2016. Steve reported that Ken Moresi suggested that REAC might consider asking ACERA to set aside excess resources for future need since the market is doing very well now. After some discussion, the board decided not to take a formal action. Membership and Recruitment: Membership at the end of November 2016 stood at 4,087. Jerry reminded the board that he needs to purchase additional supplies. Since the board gave him prior approval to purchase supplies as needed, no additional board action was necessary. REAC News: Jon reported that the next REAC News will include the Nominating Committee report on the REAC board members who will be seeking an additional term and the information regarding the REAC annual membership meeting, which will be held on March 13, 2017. Other Reports: There was no additional information to report. Old Business: Jon asked the board if we have received any calls or communication from members who might be interested in serving on the board. Liz is aware of a member who had expressed interest in the past and might still be interested. She will contact that individual and report back. Jon adjourned the meeting at 11:20 am. —Respectfully submitted by Paul Reeves, Board Secretary Heath Care: Rosalie continued to stress the importance of getting flu shots. CRCEA: Jerry Jacobs requested a copy of the picture currently being used for the REAC web site. He wants to use that image as part of the information REAC will use for the CRCEA Fall 2017 Conference, which we are hosting. Paul informed him that he would have our web designer send him the image. Jerry reported that he is continuing to work on developing the agendas for the conference and creating a list of the activities which need to be accomplished. Once that is completed, he will have a better idea as to how many volunteers we will need and what they will be doing. Dream Bigger. With our home equity line of credit. Rates as low as Pete mentioned that ACRE will contribute $500 towards the cost of the conference and that there is also the potential of another contribution from another SEIU committee of $500 towards the cost of the conference. The board expressed its sincerest appreciation for the financial contributions made by ACRE and SEIU. 3 Activities: Steve reminded the board that we need to send out invitations to our spring luncheon invitees by the end of January. In addition, he also suggested that we begin a discussion regarding who we might invite as our luncheon guest speaker. 4.24% APR 1stunitedcu.org | (800) 649-0193 APR (Annual Percentage Rate) as of November 1, 2016 and is subject to change. Lowest rate quoted. Your rate may vary based on creditworthiness, amount financed and terms and conditions. Loans are subject to credit approval and rates are subject to change without notice. 4 January 2017 REAC News R GARCIA, Alejandra Alameda Health System MARTIN, Joseph A. Sheriff ’s Office SENG, Sothan Alameda Health System BRAZIL, Cynthia Social Services Agency GRANT, Sharon LARPD MOSS, Faith L. Probation SWENSON, Vickie L. Sheriff ’s Office BEERS, Lenora A. Alameda Health System CARR, Joyce Alameda Health System CASTON, Johnnie V. Social Services Agency ENGEL, Timothy Sheriff ’s Office ENRIQUEZ, William O. Alameda Health System FERREIRA, Susan D. Superior Court FISCHER, Raymond M. Alameda Health System GORMLEY, Mary Ellyn County Counsel HARRIS, Carolyn A. Sheriff ’s Office HERNANDEZ, Yvette Alameda Health System HOLLFELDER, Gregory D. Public Works Agency HONG, Suezhen Community Development Agency LEWIS, Brenda S. Social Services Agency MERCADO, Erlinda R. Auditor-Controller NAGAC, Carlo M. Public Works Agency PIERRE-BRAND, Sonja Social Services Agency RANKL, Donn W. Public Works Agency RENO, Dennis C. Public Works Agency RIOS, Jaime S. Zone 7 C AMMSSO, Ala A. Information Technology E A Nonprofit org. U.S. Postage PAID Permit 4174 Oakland, CA Retired Employees of Alameda County P.O. Box 302–Oakland, CA 94604 January 2017 SMITH, Mary J. Social Services Agency TEJADA, Kimberly E. District Attorney–DEF WATSON, Thornwell N. Public Health WEIDMAN, Bruce D. LARPD Zip Code: Telephone: REAC, P.O. Box 302, Oakland, CA 94604 or e-mail [email protected] Moving? Please fill out and mail this notice to the following address: Mc Cullough, Mary S. 11/7/2016 Housing Authority–DEF The purpose of the Retired Employees of Alameda County (REAC) is to promote the common good and general welfare of Alameda County retired employees, subject to the County Employees Retirement Act of 1937, by promoting the interests of its members throughout the community by means of social, political, and educational activities that advance the social welfare of such retirees. January 2017 REAC News 5 REAC’S Mission The surviving spouse of a member is eligible for REAC membership. To enroll, call Jerry Jacobs, membership chair, at (510) 835-5493. REAC Officers and Directors 1/2017 Hicks, Edward W. 11/4/2016 Public Health Leong, Allen H. 11/7/2016 Assessor Williams, Florida 11/10/2016 Survivor of John Williams, Jr. Name: New Address: City/State: Date of Move: Old Address: Courneen, Jr., Fordyce D. 11/12/2016 Assessor Halstead, Roslyn T. 11/27/2016 Survivor of Daniel P. Halstead, Jr. Klettke, Dale 10/26/2016 Environmental Health–DEF Valinoti, Ronald L. 11/7/2016 Public Health–DEF Carter, Clarence 10/27/2016 Probation Grant, Jean C. 10/17/2016 General Services Agency Kearn, Elaine 10/21/2016 Survivor of Charles E. Kearn Souza, Irene A. 10/10/2016 Alameda Health System– DEF • Vice President, Acting President: Jon Orellana............................... (925) 922-0907 • Secretary: Paul Reeves................ (510) 755-3740 [email protected] • Treasurer: Jessie [email protected] • Directors: Marian Breitbart........................ (510) 769-1604 Gerry Dunn............................... (510) 653-9313 [email protected] Jerry Jacobs................................. (510) 835-5493 [email protected] Mike Smart......................... [email protected] Liz Koppenhaver........................ (510) 582-8550 [email protected] Rosalie Masuda.......................... (510) 339-1307 [email protected] • Directors Emeriti: Emily Shea................................. (510) 522-0856 Ken Moresi................................ (510) 531-7050 Janet Waring.............................. (510) 522-3406 Barbara Jean Hallisey................. (510) 881-1493 Steve Scheinman........................ (925) 570-5273 James J. Hartnett, Jr.................... (925) 935-3763 Brenzel, Norman P. 10/22/2016 Public Works Agency–DEF Dowd, Marie J. 11/4/2016 Survivor of James A. Dowd Jow, Bertha 11/3/2016 Superior Court Scarbrough, Robert W. 11/25/2016 General Services Agency Also send change of address to ACERA: Alameda County Employees’ Retirement Association (ACERA) 475 14th St., Ste. 1000, Oakland, CA 94612 Phone: 800-838-1932 or 510-628-3000 Select Option 1 for the Retiree Benefits Unit (health, vision, dental, etc.) Brackett, Stanley 10/11/2016 Health Care Services Agency Davis, Ronald C. 11/24/2016 Sheriff ’s Office Reeves have chosen to seek reelection; Jon Orellana has chosen not to seek reelection. In accordance with Article VII of the aforementioned bylaws, any regular memf the ongoing challenges to your pension ber wishing to run for the board must file benefits concern you and you want to help an application, in writing, with the REAC address issues that question the benefits you board secretary with the signatures of at have earned, it is time to consider joining the REAC Board of Directors. It is essential least ten regular members at least thirty days prior to the annual membership meetthat each one of the board’s positions be ing announced above. Should the election filled in order to ensure the organization’s of directors be uncontested, the nomiproductivity and success in acting as an nating committee will recommend the advocate and source of critical information election of the candidates and propose that for Alameda county retirees. the president seek membership concurIf you are interested in learning about what rence by approving said recommendation the REAC board members do and how by voice vote. If the election of directors is much time and work is involved, please call contested, written ballots will be distribJon Orellana or Paul Reeves. Our contact uted at the annual membership meeting. information appears on the back page. ConThe secretary will collect the ballots and tacting us is not a commitment so if you have tabulate the votes. The candidates receiving any interest at all, or if you are merely curious the most votes will then be appointed in about what is involved, please get in touch ranked order. with us. We cannot overstate how important it is to have a full complement of directors on Medicare Part B Reimbursement the REAC board. Plan Benefits for 2017 I WINTON, Gloria J. Social Services Agency Editor: Diane Sturgeon; Membership: Jerry Jacobs, (510) 835-5493; Printing and Mailing: Red Arrow Printing Baker, Martha V. 10/30/2016 Survivor of Porter Baker JANUARY 2017 REAC Board of Directors Announces Vacancy SCHAPERO, Shirley M. Social Services Agency Hopkins, Willie 10/12/2016 Probation The Official Monthly Publication of the Retired Employees of Alameda County, Inc. P.O. Box 302, Oakland, CA 94604 Directors’ Comments by Jon Orellana, Vice President/Acting President In deepest sympathy to the family and friends of the following retirees: Dajani, Saeb 11/9/2016 Environmental Health A VOLUME 38 NUMBER 1 ADDRESS SERVICE REQUESTED In Memoriam Avelino, Elizabeth A. 11/8/2016 Superior Court R E C Congratulations On Your Retirement Notice of Annual Membership Meeting I n accordance with Article VI of the Bylaws of the Retired Employees of Alameda County, this is to advise the membership that the corporation’s annual membership meeting will take place on Monday, March 13, 2017, at 11:00 am at the Meadows at Redwood Canyon Golf Course, 17007 Redwood Road, Castro Valley, California. The following REAC directors’ terms expire in March 2017: Jerry Jacobs, Paul Reeves, and Jon Orellana. Jerry Jacobs and Paul T he Centers for Medicare & Medicaid Services (CMS) announced the 2017 Medicare Part B premiums on November 10, 2016. The standard monthly premium for recipients who enrolled prior to 2016 and who earn an income of $85,000 or less is increased from $104.90 to $109. For enrollees in 2016, the standard monthly premium is increased from $121.80 to $126.80. The standard monthly premium for new enrollees in 2017 will be $134. Enrollees with a higher income level continued on page 2 REAC Board Meetings January 9, 2017 (Monday) 9:30 am Ala. Cty. Health Care #242 1000 San Leandro Blvd. San Leandro February 8, 2017 (Monday) 9:30 am Ala. Cty. Health Care #242 1000 San Leandro Blvd. San Leandro http://reacsite.org [email protected] ACERA Trustees Meetings January 19, 2017 (Thursday) 2:00 pm 475 14th Street, Oakland February 16, 2017 (Thursday) 2:00 pm 475 14th Street, Oakland www.acera.org Welcome New Members Jesse Casares Peter Cerniglia Lorraine Garces Jules Garibaldi Carolyn Harris Laurie Martellacci Grady Nobles Rosa Perez Gabriel Rafael Timothy Schantin Linda Slater MARTIN, Joseph A. Sheriff ’s Office MERCADO, Erlinda R. Auditor-Controller SENG, Sothan Alameda Health System SWENSON, Vickie L. Sheriff ’s Office MOSS, Faith L. Probation GRANT, Sharon LARPD NAGAC, Carlo M. Public Works Agency RANKL, Donn W. Public Works Agency E A Retired Employees of Alameda County P.O. Box 302–Oakland, CA 94604 January 2017 SMITH, Mary J. Social Services Agency WATSON, Thornwell N. Public Health PIERRE-BRAND, Sonja Social Services Agency HERNANDEZ, Yvette Alameda Health System HOLLFELDER, Gregory D. Public Works Agency RIOS, Jaime S. Zone 7 C Congratulations On Your Retirement GARCIA, Alejandra Alameda Health System GORMLEY, Mary Ellyn County Counsel BEERS, Lenora A. Alameda Health System BRAZIL, Cynthia Social Services Agency WINTON, Gloria J. Social Services Agency RENO, Dennis C. Public Works Agency HONG, Suezhen Community Development Agency LEWIS, Brenda S. Social Services Agency Dajani, Saeb 11/9/2016 Environmental Health Avelino, Elizabeth A. 11/8/2016 Superior Court Baker, Martha V. 10/30/2016 Survivor of Porter Baker Davis, Ronald C. 11/24/2016 Sheriff ’s Office Grant, Jean C. 10/17/2016 General Services Agency Halstead, Roslyn T. 11/27/2016 Survivor of Daniel P. Halstead, Jr. Nonprofit org. U.S. Postage PAID Permit 4174 Oakland, CA Scarbrough, Robert W. 11/25/2016 General Services Agency Souza, Irene A. 10/10/2016 Alameda Health System– DEF Valinoti, Ronald L. 11/7/2016 Public Health–DEF E A The Official Monthly Publication of the Retired Employees of Alameda County, Inc. P.O. Box 302, Oakland, CA 94604 VOLUME 38 NUMBER 1 ADDRESS SERVICE REQUESTED TEJADA, Kimberly E. District Attorney–DEF JANUARY 2017 Directors’ Comments by Jon Orellana, Vice President/Acting President WEIDMAN, Bruce D. LARPD REAC Board of Directors Announces Vacancy I SCHAPERO, Shirley M. Social Services Agency Hopkins, Willie 10/12/2016 Probation Jow, Bertha 11/3/2016 Superior Court Kearn, Elaine 10/21/2016 Survivor of Charles E. Kearn Klettke, Dale 10/26/2016 Environmental Health–DEF Leong, Allen H. 11/7/2016 Assessor Williams, Florida 11/10/2016 Survivor of John Williams, Jr. Mc Cullough, Mary S. 11/7/2016 Housing Authority–DEF C AMMSSO, Ala A. Information Technology HARRIS, Carolyn A. Sheriff ’s Office CARR, Joyce Alameda Health System CASTON, Johnnie V. Social Services Agency ENGEL, Timothy Sheriff ’s Office ENRIQUEZ, William O. Alameda Health System FERREIRA, Susan D. Superior Court FISCHER, Raymond M. Alameda Health System f the ongoing challenges to your pension benefits concern you and you want to help address issues that question the benefits you have earned, it is time to consider joining the REAC Board of Directors. It is essential that each one of the board’s positions be filled in order to ensure the organization’s productivity and success in acting as an advocate and source of critical information for Alameda county retirees. In Memoriam In deepest sympathy to the family and friends of the following retirees: Dowd, Marie J. 11/4/2016 Survivor of James A. Dowd Brackett, Stanley 10/11/2016 Health Care Services Agency Brenzel, Norman P. 10/22/2016 Public Works Agency–DEF Carter, Clarence 10/27/2016 Probation Courneen, Jr., Fordyce D. 11/12/2016 Assessor 1/2017 Zip Code: Telephone: Hicks, Edward W. 11/4/2016 Public Health R R Also send change of address to ACERA: Alameda County Employees’ Retirement Association (ACERA) 475 14th St., Ste. 1000, Oakland, CA 94612 Phone: 800-838-1932 or 510-628-3000 Select Option 1 for the Retiree Benefits Unit (health, vision, dental, etc.) Name: New Address: City/State: Date of Move: Old Address: REAC, P.O. Box 302, Oakland, CA 94604 or e-mail [email protected] Moving? Please fill out and mail this notice to the following address: The purpose of the Retired Employees of Alameda County (REAC) is to promote the common good and general welfare of Alameda County retired employees, subject to the County Employees Retirement Act of 1937, by promoting the interests of its members throughout the community by means of social, political, and educational activities that advance the social welfare of such retirees. The surviving spouse of a member is eligible for REAC membership. To enroll, call Jerry Jacobs, membership chair, at (510) 835-5493. REAC’S Mission 5 January 2017 REAC News Editor: Diane Sturgeon; Membership: Jerry Jacobs, (510) 835-5493; Printing and Mailing: Red Arrow Printing • Vice President, Acting President: Jon Orellana............................... (925) 922-0907 • Secretary: Paul Reeves................ (510) 755-3740 [email protected] • Treasurer: Jessie [email protected] • Directors: Marian Breitbart........................ (510) 769-1604 Gerry Dunn............................... (510) 653-9313 [email protected] Jerry Jacobs................................. (510) 835-5493 [email protected] Mike Smart......................... [email protected] Liz Koppenhaver........................ (510) 582-8550 [email protected] Rosalie Masuda.......................... (510) 339-1307 [email protected] • Directors Emeriti: Emily Shea................................. (510) 522-0856 Ken Moresi................................ (510) 531-7050 Janet Waring.............................. (510) 522-3406 Barbara Jean Hallisey................. (510) 881-1493 Steve Scheinman........................ (925) 570-5273 James J. Hartnett, Jr.................... (925) 935-3763 REAC Officers and Directors If you are interested in learning about what the REAC board members do and how much time and work is involved, please call Jon Orellana or Paul Reeves. Our contact information appears on the back page. Contacting us is not a commitment so if you have any interest at all, or if you are merely curious about what is involved, please get in touch with us. We cannot overstate how important it is to have a full complement of directors on the REAC board. Notice of Annual Membership Meeting I n accordance with Article VI of the Bylaws of the Retired Employees of Alameda County, this is to advise the membership that the corporation’s annual membership meeting will take place on Monday, March 13, 2017, at 11:00 am at the Meadows at Redwood Canyon Golf Course, 17007 Redwood Road, Castro Valley, California. The following REAC directors’ terms expire in March 2017: Jerry Jacobs, Paul Reeves, and Jon Orellana. Jerry Jacobs and Paul Reeves have chosen to seek reelection; Jon Orellana has chosen not to seek reelection. In accordance with Article VII of the aforementioned bylaws, any regular member wishing to run for the board must file an application, in writing, with the REAC board secretary with the signatures of at least ten regular members at least thirty days prior to the annual membership meeting announced above. Should the election of directors be uncontested, the nominating committee will recommend the election of the candidates and propose that the president seek membership concurrence by approving said recommendation by voice vote. If the election of directors is contested, written ballots will be distributed at the annual membership meeting. The secretary will collect the ballots and tabulate the votes. The candidates receiving the most votes will then be appointed in ranked order. Medicare Part B Reimbursement Plan Benefits for 2017 T he Centers for Medicare & Medicaid Services (CMS) announced the 2017 Medicare Part B premiums on November 10, 2016. The standard monthly premium for recipients who enrolled prior to 2016 and who earn an income of $85,000 or less is increased from $104.90 to $109. For enrollees in 2016, the standard monthly premium is increased from $121.80 to $126.80. The standard monthly premium for new enrollees in 2017 will be $134. Enrollees with a higher income level continued on page 2 REAC Board Meetings January 9, 2017 (Monday) 9:30 am Ala. Cty. Health Care #242 1000 San Leandro Blvd. San Leandro February 8, 2017 (Monday) 9:30 am Ala. Cty. Health Care #242 1000 San Leandro Blvd. San Leandro http://reacsite.org [email protected] ACERA Trustees Meetings January 19, 2017 (Thursday) 2:00 pm 475 14th Street, Oakland February 16, 2017 (Thursday) 2:00 pm 475 14th Street, Oakland www.acera.org Welcome New Members Jesse Casares Peter Cerniglia Lorraine Garces Jules Garibaldi Carolyn Harris Laurie Martellacci Grady Nobles Rosa Perez Gabriel Rafael Timothy Schantin Linda Slater
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