Message from Grant Ward
to SEBA Retirees

We at SEBA would like to extend our deepest thanks for your service and continued support over the years. You have paved the way for our profession, and your dedication, even in retirement, is invaluable to us. Please watch the following message which covers the recent increase in retiree dues.

We are honored to represent you and remain committed to offering valuable services into your retirement. Stay safe!

 

Letter Being Mailed to Retirees

Subject:  SEBA RETIRED DUES INCREASE NOTICE - CORRECTION

Dear SEBA Retired Member:

Last month, the SEBA Board of Directors unanimously approved a change to the by-laws to require retirees to pay dues at the rate of 20% of the active membership, with the addition of PORAC RAM membership. SEBA was unaware that PORAC could not facilitate these memberships as a group plan and we are not able to provide PORAC memberships as part of the retiree benefits at this time.

As a result, the new base rate retired member benefit has been adjusted to $13 per month.

With the growth of our retired membership and the rising costs to administer the services SEBA provides, absorbing the administrative costs was not sustainable. Nor was it equitable to the active members whose dues were offsetting these administrative costs.

The new retiree dues will cover the cost of SEBA facilitating numerous optional benefits for our retired members at substantial discounted rates.

Benefits of membership include:

  • $2,500 SEBA Death Benefit ($1,000 for the spouse)

  • Continuation of optional basic life insurance benefit and AFLAC at discounted rates

  • Access to Prime Fitness and chiropractic services at discounted rates

  • Legal representation for the ongoing pension benefits such as the Alameda decision and other decisions affecting retirees.

  • Representation at SBCERA meetings

  • Representation for state and federal legislative issues

  • Representation for CCW and HR218 discussions with the department and county

  • Free notary       

  • Discounted tickets

Optional Benefits at SEBA Group discounted rates include:

Chiropractic for retiree                      $10 / month

Chiropractic for spouse                     $15 / month

Prime Fitness for retiree                   $10 / month

Prime Fitness for spouse                  $15 / month

Also, upon implementation of the SEBA Healthcare Trust (date TBD), we will offer retirees the option of vision and dental insurance at our discounted group rate cost. Only active members of the new dues structure will be eligible for this benefit.

If you decide to remain a retired member, any optional benefits currently administered through SEBA, such as AFLAC and NYLife life insurance, will continue as well as all services previously listed.

If you wish to receive the benefit of PORAC RAM or RAM LDF, you will need to enroll yourself through the PORAC website directly. We are working with PORAC leadership to have this included as a group plan in the future.

Retirees’ dues will be deducted through SBCERA retiree payments beginning in October. If you would like to make any changes, or cancel your membership, please inform us no later than September 30, 2024. Any benefits administered by SEBA will cease if the retiree chooses to cancel SEBA membership.

If you wish to continue your membership, no further action is required. 

If you have any questions, please feel free to contact the SEBA office.

Sincerely,

Grant Ward
President