Stanislaus County Employees Retirement Association
Stancera logo
Health Insurance and the Revocable Health Benefit Subsidy- Retired Members

Pre-Retirement Video Clips

As a convenience to retirees, the StanCERA Board of Retirement currently contracts with Stemler, McTighe & Lewis to administer various medical, dental and vision plans.   

Non-Vested  Revocable Health Benefit Subsidy  payments were suspended effective January 1, 2010, the Board of Retirement is scheduled to review the policy annually.


Special Cost of Living

The Special COLA is an Ad Hoc benefit and was originally initiated in 1999 and provides additional increases for certain retired members receiving monthly retirement payments who have lost significant amount of purchasing power due to inflation.  This is a non-vested benefit that is reviewed on an annual basis.

Burial Allowance

StanCERA offers a one-time lump sum $5,000 burial allowance for the original retiree, providing StanCERA was their last public service.  This allowance is not a life insurance policy; it is a taxable benefit to the beneficiary.

Cost of Living Adjustment (COLA)

To protect retiree’s monthly allowances against inflation, the law provides for annual cost-of living adjustments, (COLA). California Government Code mandates that each year, prior to April 1, the Board of Retirement (BOR) will determine whether there has been an increase or decrease in the cost of living, as reflected in the Bureau of Labor Statistics Consumer Price Index (CPI).  Click here to learn more about COLA.

 

Revised 04/12/2010