Retirees

ATU Pension Eligibility: 

As defined by California Public Employee's Pension Act (PEPRA): 

Classic Members' retirement benefit formula for the SCVTA/ATU, Local 265 Pension Plan is 2% @ 55 based on the highest compensation for 78 consecutive pay periods, or the highest 3 years.

For New Members (those employees hired after January 1, 2016) the retirement benefit formula for the SCVTA/ATU, Local 265 Pension Plan is 2% @ 62 and is based on the highest average compensation for a period of 36 consecutive months. 

For Administrative Employees (this includes Executive Employees, Non-Represented Employees, and the following bargaining units: SEIU, TAEA, and AFSCME represented employees)

As defined by California Public Employee's Pension Act (PEPRA): 

Classic Members’ retirement benefit formula is: PERS 2% at 55 and is based on highest consecutive 12 months of compensation. To be eligible for a service retirement under PERS, you must be 50 with five years of service. 

New Members’ retirement benefit formula is 2% @ 62 and is based on highest average compensation for a period of 36 consecutive months. To be eligible for service retirement under PERS per PEPRA guidelines, you must be age 52 with 5 years of service. 

Defined Benefit Retiree Medical Plan: 

ATU Retirees (General Retiree Medical Plan):

To be eligible for retiree medical coverage, the employee must retire directly from VTA, and be age 55 with 15 years of service, age 65 with 10 years of service, or upon Board approval, be age 65 or older with 5 years of service.   Retirees must remain retired under the ATU plan to remain eligible for retiree medical coverage.  

Under PEPRA regulations, employees will be able to retire after 5 years of service at the minimum age of 52.

VTA pays up to the Kaiser Region 1 single rate plus $100.00 for retirees in California.  Retirees pay the excess above the Kaiser Bay Area single rate.  VTA pays up to the Kaiser out-of-state single rate for retirees living outside of California.  The retiree pays the excess above the Kaiser out-of-state rate. Upon reaching age 65, or if disabled, enrollment in Medicare and a Medicare Supplement plan is required.  VTA will cover the cost of the Supplement plan and reimburse the retiree for the cost of Medicare Part B. 

For Administrative Employees (this includes Executive Employees, Non-Represented Employees, and the following bargaining units: SEIU, TAEA, and AFSCME represented employees). To qualify for retiree medical, employees must be 50 years old (Classic Members) or 52 years old (New Members) retire directly from VTA and either PERS or the ATU pension plan, and meet the minimum days of service requirement.  Retirees must remain retired under the PERS plan to remain eligible for VTA retiree medical coverage.  

Under PEPRA regulations, employees will be able to retire after 5 years of service at the minimum age of 52.

VTA pays up to the Kaiser Region 1 single rate for retirees in California.  Retirees pay the excess above the Kaiser Bay Area single rate.  VTA pays up to the Kaiser out-of-state single rate for retirees living outside of California.  The retiree pays the excess above the Kaiser out-of-state rate. Upon reaching age 65, or if disabled, enrollment in Medicare and a Medicare Supplement plan is required.   VTA will cover the cost of the Supplement plan and reimburse the retiree for the cost of Medicare Part B.