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Attention ARSCE Members

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President's Message:

John Masterjohn

 

First of all, let me wish you all a happy Labor Day and hope you had a good 4th of July. I want to say thank you to ARSCE Board members who left the Board this July and it looks like the new members are coming in with fresh ideas.

 

The new SCERS (Seattle City Employees’ RetirementsSystem) Plan 2 starts July 1st of 2017. We have gonesthrough it and reviewed the language clean-up of the current plan. We found (really Kevin Clark) an Article in Section 4 that seems to take away some of our protection in the current plan. Kevin And I went down to the Seattle City Council to testify on the issue, but there were about 40 people ahead of us to testify on the issue of Short Term Rental Regulations who used up all the time allotted for public comment, so we had to leave. Before we left, we had a short conversation with some of Tim Burgess’ staff. We have asked the City Council not to change the current language. We prepared a letter and sent it to the entire Council as Tim’s committee didn’t agree to not changing the language. Note: On page 6, you’ll find a copy of the Council memorandum regarding the new SCERS benefit tier. On page 7, you’ll see ARSCE’s response to Councilmember Tim Burgess, Chair - Seattle City Council.

 

Speaking of the new district Councilpersons, I hope you will call them when you need their assistance. 

 

With the primary election just completed, followed by the general election coming up, we all need to vote for our local politicians. Speaking of elections, I’m not sure if you heard that Jean Becker was reelected to the retirement board. I feel this is good for our cause; she asks good questions and works hard on all the issues that affect the retirement system.

 

The SCERS Board has recommend spending 12 million dollars with Global Infrastructure Partners III. This company invests with other companies who build bridges and buildings.

 

Well it looks like this is the summer where my wife and I will not be traveling anywhere to play golf. We’ll be gardening and just taking it easy near home.

 

Don’t forget there will be a Fall Luncheon at Amante Pizza & Pasta Wednesday, September 14th. (See page 12.)

 

Have a great rest of your summer and an awesome fall.

 

John Masterjohn

Contact Mr. Masterjohn at president@arsce.org

 This message also appears in the ARSCE News, September - October, 2016, page 1.

Events

Check this space for future events.

Seattle City Council Approves Changes to Retirement System

The Seattle City Council has approved a plan to change the retirement benefits offered to new hires beginning in 2017.  To read the Seattle Times article reporting this change click here.

To read the report of these changes by ARSCE member and SCERS Board Member Lou Walter on page one of the January - February, 2016 issue of the ARSCE News, click here.

Council staff had earlier prepared a report on possible directions the City might elect to take in revising the current system.  Click here to view the council page and read the report.

 

Benefits Questions?

 

Do you have a question about your benefits from the City of Seattle?  You can email Renee Freiboth of the Personnel Department directly at benefits@arsce.org.  Renee will select some queries for her article in the ARSCE News; others she will answer directly.

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Questions regarding ARSCE may be directed to: info@arsce.org or by phone to 425-443-3799
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© 2013 The Association of Retired Seattle City Employees

This page updated September 18, 2016.