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VEBA
Voluntary Employees' Beneficiary Association (VEBA) Information

A VEBA is a defined contribution health reimbursement arrangement plan for retiree healthcare expenses. Employees at the City of San Jose will either be placed into the VEBA if they are in Federated Tier 2B or Police and Fire Tier 2.

Beginning Pay Period 8 (March 25, 2018 - April 7, 2018), Tier 2B and Police and Fire Tier 2 employees will commence contributions to the VEBA as show below:

Employee Unit

VEBA Contribution Rate

Police/Fire

4.0%

Federated

2.0%



More information about the VEBA can be found in the program description:

VEBA Program Description

You can find more information about how to access your VEBA account and allocate your assets in the Welcome Kit.

If you have retired from the City of San Jose or separated from City Service and reached retirement age, you can find more information about using your VEBA account in the Claim Eligible Kit.

Resources
For questions like what is a VEBA and how do I receive reimbursements after retirement, please use this Frequently Asked Questions document:

Frequently Asked Questions - Tier 2B and Police and Fire Tier 2

Please note that CalPERS Classic employees in the Federated System hired after September 27, 2013, sworn Police employees hired after August 4, 2013, and sworn Fire employees hired after January 2, 2015 are also mandated to join the VEBA.

What expenses are reimbursable under the VEBA?

This flyer contains the eligible expenses: QUALIFIED EXPENSES and PREMIUMS


VEBA Educational Sessions

VEBA Education Dates

All Brown Bag sessions will be held from 12:00 pm to 1:00 pm.

Date

Location  

March 8, 2018

Central Service Yard
1661 Senter Rd. Building A, 1st Floor Ready Room

March 13, 2018

City Hall Room T-550

March 22, 2018

Airport Administration

1701 Airport Blvd., Lockheed Conference Room

March 27, 2018

Retirement Services
1737 North 1st Street 6th Floor - Downtown Conference Room

April 19, 2018 
City Hall Room T-550

April 24, 2018

Mabury Yard (DOT)
1404 Mabury Road, North Conference Room

 April 30, 2018

San Jose / Santa Clara RWF
700 Los Esteros Rd., Admin Building
Conference Process Engineering

 

May 1, 2018
 Animal Care Center
2750 Monterey Road 
ACS Classroom

May 10, 2018
Central Service Yard
1661 Senter Road
Building A 
1st Floor Ready Room

May 15, 2018 
Airport Administration
1701 Airport Blvd
Lockheed Conference Room

May 24, 2018
City Hall Room T-550

June 7, 2018
San Jose / Santa Clara RWF
700 Los Esteros Rd., Admin Building
Conference Process Engineering
 
June 12, 2018
City Hall Room T-550

June 21, 2018
Police Administration Office (PAB)
201 W. Mission St.
Conference Room 314



Employees may attend a workshop at ANY location, regardless of their primary work location.  Parking will be provided.  Supervisors are encouraged to allow flexibility in schedules for attendance.



Contact Us
For more information about the VEBA plan, please contact 

    (408) 535-8322 or

    OR

    For investment and account questions, contact VOYA at 408-881-0110