We’re YOUR organization!
Focused Strictly on Retirees
Run by Retirees
Protect Retiree Benefits
Work to Improve Retiree Benefits
Mobilize Retirees (When Needed)
P.O. Box 11787
Santa Ana, CA 92711-1787
THIS MONTH’S HOT TOPICS
The Retired Employees Association of Orange County (REAOC) has a scholarship program to recognize and support qualified students to obtain further skills and expertise at an accredited institution of higher learning. The scholarship is named in honor Keith L. Concannon, REAOC’s long serving representative on the Orange County Employees Retirement System Board and past REAOC President.
The application for this scholarship must be requested by sending an e-mail to firstname.lastname@example.org and providing an e-mail address to send out the scholarship application or by calling the REAOC office between the hours of 8:00 AM – 12:00 PM, Monday – Friday, at (714) 840-3995. The request must include your name and e-mail address in the e-mail to REAOC.
BOARD WATCH COMMITTEE
Chair, Norma Roberts
The purpose of this committee is to protect retiree rights and benefits by reviewing Board of Supervisor’s (BOS) agendas and minutes and to listen to the BOS meetings in order to identify any items that might affect retiree rights or benefits or be of interest to REAOC. This committee is seeking volunteers to assist the REAOC Board by listening to the Board of Supervisors’ meetings to identify any topics of interest to retirees.
Committee Status: This committee currently needs a volunteer to serve on the committee.
HOLISTIC LIFESTYLE MINI FAIR
For those of you who attended the January REAOC luncheon, you had a chance to hear the presentation on Mindfulness.
What is Mindfulness? Mindfulness is an ancient approach to living, this simple practice is now being recognized by Western medicine as a powerful tool for dealing with stress, chronic pain, and many other medical and psychological conditions. Mindfulness is not a special state you achieve through a trick or technique. It does not require you to sit in lotus pose, or have any specific religious belief. You can choose any task or moment to practice it, whether you are eating, showering, walking, touching a partner, or playing with a grandchild.
As discussed at the luncheon or, if you missed the luncheon, you have another opportunity to attend a Holistic Lifestyle Mini Fair that will include some of what was shared at the luncheon. This will take place at OCEA, 830 N. Ross Street, Santa Ana on Thursday, March 17, 2016 from 10:00 am until 1 pm.
For more information, click below to see the flyer.
WHAT’S IN THE NEWS – WEEK OF FEBRUARY 1, 2016
Bidding for bankrupt OC Register picking up
The Los Angeles Times reports that First Media has indicated it will be submitting a bid to the bankruptcy court to purchase The Orange County Register along with one expected from current top management partnered with a developer and another expected from Tribune Publishing. Tribune owns the Los Angeles Times as well as some other publications. (More)
U.S. public pensions post worst returns since 2008
If you have investments then you will not be surprised at this Bloomberg News story that reports that 2015 was the worst year for stock market returns since the market crash of 2008. The article reports that on average public pensions are 44.2% invested in stocks, and this poor performance translates into pension fund earnings for the year failing to meet estimates. (More)
Average OC Fire employee received $213,000 in 2014
This Voice of OC presents a press release from Transparent California that says that the average Orange County Fire Authority employee received $213,000 in compensation in according to information the newspaper received from Transparent California. (Editor’s Note: Transparent California’s data in this press release appears to present total compensation, which is different than taxable income. Its web site lists the average full time pay at the Fire Authority as $141,111, the highest of any special district in OC). (More)
County of Orange finances better and worse
The Watchdog column in the Orange County Register newspaper reports on the impact of new accounting standards on the county’s financial balance sheet. According to this story the new standards result in the county’s net assets shrinking from $5.5 billion to $2 billion, mainly due to a change in how pension liabilities are shown on the statement. The article notes all public agencies face these new accounting rules that the columnist refers to as “new egghead accounting rules”. (More)
ABOUT OUR LUNCHEONS
REAOC luncheons are held for the purpose of bringing Orange County retirees together for an afternoon of camaraderie, entertainment, and information. Friends and family are always welcome! Each luncheon features a different theme, with door prizes, and special gifts. As an added bonus, there is a valuable Progressive Drawing. They also serve as a general meeting for the membership.
The Mile Square Park Banquet Facility located at 10401 Warner Ave., Fountain Valley, California, 92708. For directions, call the Mile Square Banquet Facility at (714) 962-5541 or see map below showing where the Facility is located. Please DO NOT call the Facility to make reservations. Reservations are made by sending in the reservation form in The Informer or by calling the REAOC office at (714) 840-3995.
Luncheons are held the 4th Wednesday of January, March, May and September, and on the first Wednesday of December at Noon. To ensure a parking spot please arrive by 11 a.m. Please carpool.
Luncheons for 2016 are listed below:
January 27 March 23 May 25 September 28 December 7
Please Note: Reservations by phone or mail for the January 27th luncheon must be at the REAOC office by Wednesday, January 20, 2016.
Cost for the luncheon is $17.00 per person. A reservation form is provided in The Informer (on the current Luncheon page), in the “Forms” section of the REAOC web site or you may email the REAOC office of your request (email@example.com).
HEMET CHAPTER LUNCHEONS
Luncheons in Hemet are held on the second Tuesday during the months of February, April, June, October and December. Attendees arrive around 11:30 a.m. at the First Presbyterian Church located at 515 E. Kimball Avenue in Hemet and lunch is served between 11:45 and noontime. The cost is $9.50 per person. The Hemet Chapter would like new members and encourages all REAOC members who live in the area or within driving distance to join them for the luncheons.
REAOC’s Hemet Chapter will hold its next luncheon on Tuesday, February 9, 2016 at 11:30 AM at the First Presbyterian Church located at 515 E.Kimball in Hemet.
Make your reservation by calling Jeri Maupin at 951-672-4594 or Joyce Emery at 951-658-2549 by no later than February 2, 2016.
Luncheons for 2016 are listed below:
February 9 April 12 June 14 October 11 December 13
MAP TO MILE SQUARE PARK
Below is a map showing the general location of the Mile Square Park Banquet Facility located at 10401 Warner Ave., Fountain Valley, California 92708.
If you need exact directions from your house you can go to MapQuest and click on “driving directions.”
AVAILABLE HEALTH PLANS FOR 2016
The Open Enrollment Period for the 2016 health plans has ended. If you have any questions regarding your health plan, please contact the County’s Employee Benefit section at (866) 325-2345.
Please click on the links below for the charts provided by the County for the 2016 Health Plan rates:
For information about the supplemental insurance including dental and vision coverage, please click on the link below.
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