As a member of CCCERA, you
are investing in your most valuable asset, your future. Whether
you are beginning your working life or have extensive public service, contributions to your CCCERA retirement account ensure financial security
that will benefit you (and in some cases, your survivors) long after you
complete your career.
CCCERA is a "defined benefit" retirement plan. This
means your future retirement benefit is not based on how much you and
your employer contribute, investment returns, or other factors that could
cause your pension value to fluctuate.
Defined benefit pensions are based on a formula set by law,
in this case the County Employees' Retirement Act of 1937, which
was adopted by Contra Costa County in 1945. The Association is administered
by the Board of Retirement to provide service retirement, disability,
death, and survivor benefits to County employees and 16 other participating
We invite you to explore your membership benefits through this website,
our publications, or Group Counseling program. CCCERA staff is also available
to answer your questions by telephone Monday through Friday, from 9 a.m.
to 4 p.m. (The office is closed between Noon and 12:30 p.m. for lunch.)
AB 197 LAWSUIT UPDATES:
Updates about the AB 197 lawsuit can be found at: Important Notices
PENSION REFORM LEGISLATION EFFECTIVE JANUARY 1, 2013
Governor Brown signed pension reform legislation (AB 340 and AB 197) into law on Wednesday, September 12, 2012. The pension reform legislation became effective on January 1, 2013. The legislation is lengthy and complex, and requires in-depth analysis as to its impact on CCCERA and its members.
The legislation includes two main parts. The first part is the California Public Employees' Pension Reform Act of 2013 ("PEPRA"), which mainly impacts new members. The second part of the legislation includes changes to the County Employees' Retirement Law of 1937 ("CERL"), which impacts current as well as new members.
PEPRA changes the way pension benefits are calculated for new members, generally those entering CCCERA on or after January 1, 2013. PEPRA does not impact retired members, other than their ability to return to work while simultaneously receiving a retirement benefit from CCCERA. CCCERA presented the following information about PEPRA in a Retirement Board study session open to the public and all members and employers on October 10, 2012. The materials (in pdf format) are available here:
Along with PEPRA, the legislature included changes to the County Employees Retirement Law of 1937 ("CERL"). Some of the changes, especially those contained in AB 197, entail a significant reduction in what could be included in pension calculations, and have become the subject of a lawsuit. These legislative changes were also presented in the October 10, 2012 Retirement Board study session. The materials (in pdf format) are available here:
1937 Act Changes
The text of the chaptered bills is below in .pdf format.