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Attention ARSCE Members

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President's Message:

John Masterjohn

 

 

Here I sit writing my article in mid-May and you will read it, hopefully, sometime in July. I hope by then we are having sunshine because I am sick of all this rain. Can you believe we have had over 26 inches of rain this year and we still have October, November, and December to go?

I mentioned, in my last article, that the group 350.org Seattle has asked the SCERS Board to request that the investment committee rethink their previous decision on divestment of all fossil fuels investments. It is my understanding that the investment committee did ask their consultants to review it once again. We will have expected to hear from them sometime about June or July.

Just to let you know, your ARSCE Board sent a letter to the SCERS Board reaffirming our position that the Board needs to uphold their fiduciary responsibilities to the City retirees. The letter is on page 5 of this newsletter.

I met with Jeff Davis, SCERS Executive Director, on May 16th. Some of the issues we discussed were: SCERS is working with the City Benefits Division on maybe expanding some of the options beyond the current medical plans; we also discussed the new IT system, we have reported on before, not being ready to implement until November of 2018. They want to make sure it is working properly. Some really good news is that last year, SCERS investments returned 8.5% when what they normally look for is 7.5%. Jeff also reported they hired a person to fill his old position, Chief Financial and Operating Officer (CFO/COO); she started May 31, 2017. This will be good news because Jeff and Jason (Malinowski, SCERS’ Chief Investment Officer) were both taking on extra duties.

Your ARSCE Communications Committee has planned a retreat to discuss ways to improve communication with our members, how we can work at getting people to join ARSCE, and getting our current members more involved. The retreat is going to be in August, so you have time to help by contacting any Board member with your ideas.

We have been contacted by Robin Brannman who works for The Seattle Parks and Recreation Department. Robin works in the Lifelong Recreation Division which serves the 50 and over group. There are 4 additional people in 4 other regions of the City who do the same work she does. She would like to get our members involved in some of her programs. Her position is responsible for giving classes and taking seniors on field trips. Speaking of field trips, she is always looking for people to volunteer to drive their vans for the seniors. You can contact her at 206-386-9106, additionally, she can give you the numbers of the other people in her position in the other districts.

Well, that is all for now.

John

Contact Mr. Masterjohn at president@arsce.org

This message also appears in the ARSCE News, July - August, 2017, page 1.

Events

 

 

ARSCE Executive Board Meeting, Wednesday, July 12.  Northgate Library, 10548 5th Ave NE, Seattle.  All members are welcome to attend and to bring suggestions and issues to the attention of the Board. 

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.

Home ARSCE purpose, history and accomplishments ARSCE Board Members and Officers; board calendar,agendae and minutes ARSCE Committees and current committee rosters ARSCE Constitution & Bylaws ARSCE email and postal addresses and phone number
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© 2013 The Association of Retired Seattle City Employees

This page updated July 11, 2017.