Results of today’s EBD meeting

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.

APERS Board Meeting

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: jbridges@aseaar.org

STATE EMPLOYEES LEAD DURING PANDEMIC

thank you
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: jbridges@aseaar.org. 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!
-TEAM ASEA

Retirement Town Hall Meeting Recap

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.

John Bridges

Executive Director

501-378-0187 or jbridges@aseaar.org

Here is the APERS slideshow presented by APERS Director Duncan Baird:

http://www.apers.org/images/PDFs/APERS_Townhall_handout_color.pdf

Retiree Town Hall Meetings

ASEA members:
 
The Public Retirement Committee will host town hall forums to discuss future issues concerning your retirement plan and providing state employees with an opportunity to ask questions and make suggestions.
 
The meetings will be held all over Arkansas in the months of September and October this year.
 
We encourage active and retired state employees to attend and let the committee know you care about protecting your retirement plan.
 
ASEA and its board members will be in attendance for every meeting, just look for our green sign!
town hall meetings

Today’s EBD meeting results regarding health insurance premiums

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.

AR_2020 ASE rates adopted 6-18-19_Page_1AR_2020 ASE rates adopted 6-18-19_Page_2