News Flash

Posted on: February 15, 2018

"Ventura Case" - Vacation Payoffs

News Flash

On February 8, 2018, the Merced County Employees' Retirement Association (MCERA) Board of Retirement adopted Resolution 2018-1 making up to 160 hours of additional vacation payout earnings pensionable for MCERA Tiers 1, 2 and 3 members. The Board voted to...

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Merced County Employees' Retirement Association (MCERA)
Posted on: February 15, 2018

FAQs - Vacation Payoffs

FAQ

FAQ’s

What is happening with the MCERA court case?

The MCERA Board of Retirement met in a public session on February 8, 2018 to discuss and vote on the implementation of the First District Court of Appeal’s opinion in the case of Alameda...

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Merced County Employees' Retirement Association (MCERA)
Posted on: February 15, 2018

2018 COLA

COLAs

2018 COLA

The annual cost of living adjustment (COLA) that Tier 1 members may receive is effective April each year and is first payable in April’s month-end check. This annual increase is based on changes in the Consumer Price Index (CPI) of the S...

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Merced County Employees' Retirement Association (MCERA)
Posted on: December 21, 2017

2017 Interest

Interest

An MCERA member’s account is credited interest on June 30th and December 31st of each year based on the previous six month’s balance, investment earnings, and according to MCERA’s interest crediting policy. Please note that a...

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Merced County Employees' Retirement Association (MCERA)