Thank you for your ongoing donations. They are greatly appreciated as they help offset our operating expenses, allowing us to continue our work serving you. CLICK HERE to donate today!

PROTECT OUR BENEFITS IS AN ORGANIZATION WHOSE GOALS ARE TO ENHANCE THE DIGNITY AND QUALITY OF LIFE OF ALL SAN FRANCISCO AND COUNTY RETIREES AND PRESERVE THEIR HEALTH AND RETIREMENT BENEFITS.

FROM THE EXECUTIVE BOARD OF PROTECT OUR BENEFITS

SAN FRANCISCO HEALTH SERVICE SYSTEM 

October is Open Enrollment Month all of you should have received your enrollment packets. Be sure to look at changes, especially involving Med-Care as to the relationship to our offered Health Plans especially in the prescription benefits. During October Health Service can offer Open Enrollment Webinars. Everything is now being done online, it’s the sign of the times. COVID hastened this process. But after working through the kinks, it seems to be working fine. But the phones are still operative SFHSS Member Service 1-628-652-4700 or Toll-free 1-800-541-2266. Remember, if you are getting suspicious health-care related phone calls, HANG UP!!!! As far as your health is concerned, YOU ARE YOUR BEST ADVOCATE.

SAN FRANCISCO EMPLOYEE RETIREMENT SYSTEM (SFERS)   

If you’ve been watching the stock market you can see it has been doing crazy things. There is heightened volatility considering COVID-19, changes in China including the fate of Evergrande, one of China’s largest property developers, the potential shutdown of the U.S. government, and the specter of inflation and rising interest rates. In September assets were down an estimated -0.85%. But SFERS generated an estimated return of 3.01% for the quarter. For the calendar year, SFERS has generated an estimated return of 18.09% through September 30th. SFERS estimated assets at the end of August are $36.1 Billion. It’s amazing in these times SFERS is doing so well. Thank-You SFERS Staff. The decision to merge the CFO/CIO jobs is still being discussed.

PROTECT OUR BENEFITS    

The Ballot Measure, “RESTORE RETIREES CITY WORKERS EARNED BENEFITS 2021”, is moving right along. More and more as we go along, we are gathering support. We thank you for your campaign contributions. We have a long way to go to June 2022 so keep the faith.  By the way, campaign contributions must have a physical address listed, not a P.O. Box. It’s not our rules, it’s the law. Thank-you. Be sure to check out our website:

www.fairnessforsfretirees.com

More information will be coming in the months ahead!!!!

REMEMBER

UNITED WE STAND, DIVIDED WE FALL

Your continuing contributions to our charitable non-profit, to offset our operating costs, are greatly appreciated and are tax-deductible. Please mail them to Protect Our Benefits Trust, P.O. 210250, San Francisco, Ca. 94121-0250 or CLICK HERE to donate today!