"Yes, preserve my pension and access to SERS' health care!"
(5/16/17) - As Chair of the SERS Board of Trustees and an active member of OAPSE, I want to let you know the importance of the proposed Cost-of-Living Adjustment (COLA) changes to SERS.
Protecting Pension Benefits Is Our Priority
The SERS Board is sworn to protect the pension benefits of active and retired members.
The changes fairly ask active members and retirees to share in the pension funding solution, rather than saddling active members with the entire burden.
Ignoring the Problem Now Makes It Worse Later
SERS must address its financial challenges now. The pension fund may not withstand another serious financial crisis. The health care fund has seven years of funding, and cannot survive without a healthy pension fund.
Despite this urgency, members are being asked to oppose these changes.
A FAIR Solution
We know these changes are difficult. Several of our advocacy group partners have provided letters of support or understanding that the COLA changes are a FAIR and NECESSARY solution.
We Need to Hear from You
If you agree that it is better to make changes now rather than waiting for the funding problem to get worse, let the SERS Board hear your voice.
Click below to tell the SERS Board: