Your ERS Connection Newsletter (December 2014)

Your ERS Connection

Winter 2014-2015 • Volume 19 • Number 3  

Full articles and past issues are available on the Retiree News page.

couple relaxing in patio chairs

Want to save more on prescriptions?

Here are two ways to save

Many participants in ERS’ health plans save money by using generic prescriptions (with their doctors’ approval, of course). They started saving even more on September 1, when the copay for generic prescriptions went from $15 to $10 for a 30-day supply (and from $45 to $30 for a 90-day supply). More >>

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Upcoming annuity payments

As a rule of thumb, direct-deposit annuities are sent on the last business day of the month and paper checks are mailed on the second-to-last business day of the month. View the annuity payment dates schedule online. More >>

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Executive Director's Corner

We’ve talked to a lot of people—members like you, legislators and our friends in various retiree organizations—about the stability of your retirement plan. We need to make sure everyone is aware that if your retirement plan stays the way it is now, we project it will run out of money in 2052. More >>

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A big welcome to Doug Danzeiser

On October 27, the ERS Board of Trustees selected Doug Danzeiser, Director of the Regulatory Initiatives Office at the Texas Department of Insurance (TDI), to fill the trustee position left vacant by Cheryl MacBride’s retirement from state service.
More >>

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Nominate your next Board Member

2015 ERS Trustee Election

In January, look for nomination petitions to fill Trustee Yolanda Griego’s position. Her term will expire on August 31, 2015. The term of office for the winning candidate in the 2015 ERS Trustee Election will begin September 1, 2015. More >>

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Reminders about HealthSelect Medicare Rx

Don’t forget to take both your health plan ID card and your prescription drug card when you buy your drugs at the pharmacy. It’s possible that the prescription you’re buying is covered by your health insurance, not your prescription coverage. More >>

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Inside ERS: Information Security

Protecting personal information is of utmost importance to any organization, especially to ERS, which has information for more than 2.2 million people in our databases. More >>

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Drop in on the Discount Purchase Program

Your Discount Purchase Program offers great deals on the products and services you need. Get 12 months of online Rosetta Stone courses for just $179. Protect your furry friends with Veterinary Pet Insurance. More >>

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How's retirement treating you?

Share your retirement stories, travels, and even pictures of you and your grandchildren at www.facebook.com/ersoftexas. Be sure to like the ERS Facebook page for benefits updates, retiree discounts, links to informative presentations and event reminders.

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In this issue:

View past issues and print versions >


Upcoming Dates:

January 1, 2015 - Medical deductibles start over 

January 3, 2015 - 1099 forms begin mailing

February 24, 2015 - ERS Board of Trustee meeting 


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YOUR ERS CONNECTION
Executive Director - Ann S. Bishop

Board of Trustees
Brian D. Ragland, Chair
Frederick E. Rowe, Jr., Vice-Chair
Doug Danzeiser
Cydney Donnell
Yolanda Griego
I. Craig Hester

Editorial and Subscription Information
Employees Retirement System of Texas
Benefits Communications Division
P.O. Box 13207
Austin, TX 78711-3207

TDD users: toll-free (800) 735-2989