Today in the EBD board meeting they adopted the new proposals from yesterday’s insurance committee meeting as they were stated.
In case you missed it in our Facebook post, here they are:
• Delay moving to Medicare D for one year.
• 65 and older will receive a 5% premium increase.
• Those who voluntarily move to Medicare D this year will receive a $25 monthly premium discount.
ASEA is working on creating a focus group made up of retirees to research options to help keep the fund financially stable. There was also discussion from the EBD board about starting working on the plan and a detailed report to include breaking the data out into tiers, and providing a timeline in advance of their October meeting so they all have time to think on it and try to come up with ideas.
Check out tomorrow’s newspaper, our Executive Director John Bridges may be quoted. Here’s what he said:
What we’ve heard from the retired members of ASEA is that they are happy with the support they received in yesterday’s insurance committee meeting and most will likely be ok with today’s EBD board decision to delay removing them this year from the state’s pharmacy plan. In the span of a year, retired state employees have had to fight to keep their retirement benefit whole and now their health insurance benefit was almost reduced, so many say they feel like they are being singled out.
ASEA will form its own focus group made up of retirees from across the state to find alternative solutions to hopefully help improve the financial stability of the plan. Then they will present it to EBD and the Insurance committee that is tasked with trying to keep the plan stable beyond 2022. We look forward to working with all parties involved with this issue.
ASEA is proud to be the only association to represent active and retired state employees at yesterday’s APERS board meeting. Thank you to every board member for their thoughtful consideration when moving forward towards a decision.
Click here for the full article in the ArkDemGaz: https://bit.ly/2XfTYPn
Join ASEA today! http://www.aseaar.org
The next APERS board meeting will be held on May 20th, 2020 at 9:00 a.m.
The board will discuss ideas for their 2021 legislative packages. Now you can watch it virtually via your phone or computer with the free Zoom software. Click here to install: https://zoom.us/
You must register beforehand to attend the meeting virtually. Click here to register: https://us02web.zoom.us/webinar/register/WN_ftBoXpRRRheMBMKJYOmmQg
Email John Bridges our Executive Director with any questions or issues: firstname.lastname@example.org
ASEA wants to recognize those on the front lines providing essential services in this time of great need for the citizens of Arkansas. We say THANK YOU for your dedication and hard work. You are heroes in our eyes.
SHOW YOUR SUPPORT!
Send words of encouragement and support to your fellow state employees who are on the front lines.
WE WANT TO HEAR FROM YOU!
ASEA wants to share your story. What is it like to be on the front lines during this time of crisis? How has your life changed? It could help us as we lobby for state employees.
WHAT DOES THE FACE OF A COVID-19 FRONTLINE WORKER LOOK LIKE?
Send us your COVID-19 selfie. We want to publish them in our next newsletter.
Send any of the above in as much detail as possible to our Executive Director, John Bridges: email@example.com
. And you can request to be anonymous if you wish, just let him know.
Thank you again for all you do, we appreciate you and look forward to hearing from you!
Thank you to AETN for this live-streamed video of one of the meetings.
Here are slides from presentations given at meetings as well:
Over 500 were in attendance for the first two town hall meetings! There was great dialogue between the committee members, retirement system directors and attendees. Thank you to all that attended. APERS members were very well represented. Quick summary:
- Currently, there are no changes being proposed.
- The committee chairs promised no surprises going forward.
- The suggestion to add more active and retired state employees to the APERS board was brought up twice.
The next meetings will be Tuesday, September 24th in Bentonville and Wednesday, September 25th in Fort Smith. We will get you more information on those meetings shortly. If you have questions or would like to hear more about the first two meetings, please give me a call or email me.
501-378-0187 or firstname.lastname@example.org
Here is the APERS slideshow presented by APERS Director Duncan Baird:
Click here to see the Public Retirement Town Hall meeting agenda. It’s the same agenda for both Hope (Thursday) and Hot Springs (Friday).
Questions? Call John Bridges or Nicholas Poole: 501-378-0187 or email them: email@example.com or firstname.lastname@example.org
APERS Executive Director Duncan Baird spoke at a conference last week and presented this slide show with new information that we have not seen before and wanted to share with you ahead of the town hall meetings.
Click here for the video: https://www.aetn.org/arcan/events/archived_events_folder/public_retirement_and_social_security_programs_state_legislative_committee
Today the EBD board adopted the motion to increase health insurance premiums by 5%. No changes were made to your benefits plan. With the strong possibility of receiving a 20% increase next year and removing the retirees’ pharmacy benefit plan, the ASEA board voted unanimously not to oppose this motion as the reality of a 20% increase next year would be too much to absorb. Here are the rate sheets with the 5% increase.