Measures yield significant cost savings and programs that meet community needs

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绿帽社 will preserve retirees鈥 comprehensive health benefits, while saving taxpayers $53 million, and Spanish speakers can learn English in Piru, thanks to two of the many actions recently taken by the board of trustees. The board also passed a measure to receive contract funding for workforce development.

The taxpayer savings was noted in the 2021 Actuarial Study of Retiree Health Liabilities from Total Compensation Systems, Inc., which illustrates how the recent transition of purchasing retirees鈥 medical benefits through California Public Employees鈥 Retirement System (CalPERS) saves taxpayer dollars today and into the future through a substantial reduction of the District鈥檚 Net Other Post-Employment Benefits (OPEB) liability.

鈥淭his is a win for everyone. The District鈥檚 retirees keep their well-earned health benefits, while the District saved taxpayer funds that we can use toward our mission of providing students quality educational opportunities,鈥 said Vice Chair Dianne B. McKay at the October board meeting. 鈥淗aving been involved in negotiations related to this matter for the past several years, my fellow board members, Chancellor Gillespie, the vice chancellors and I are satisfied with the outcome.鈥

To manage costs for health benefits, the District has also placed funds in a qualifying irrevocable trust. The funds in this trust will help pay for the District鈥檚 retirees鈥 health plans for eligible employees.

Trustees also took action to approve a memorandum of understanding with the Ventura County Parks and Recreation Division to lease a multipurpose room at the Piru Community Center. The space will enable Ventura College to offer students and community members English as a Second Language (ESL) classes as a joint venture with the parks and recreation division.

In another Board approved action, the Districtwide Division of Economic and Workforce Development will receive up to $65,000 in funds from the County of Ventura to offer customized safety training to the county鈥檚 Children and Family Services employees and current and potential caregivers. Courses include training in first aid, CPR and automated external defibrillation (AED) to treat sudden cardiac arrest.

Funding for the Division of Economic and Workforce Development serves the District and its campuses鈥 missions to improve student success and support workforce development in Ventura County. Funds will go toward operating expenses, including licenses, training and supplies.

鈥淭hese partnerships will give more students and community members firsthand learning experiences so they can continue their education and prosper or use potentially lifesaving techniques on their loved ones and fellow citizens,鈥 said Chancellor Greg Gillespie. 鈥淭he partnerships also allow us to establish strategic alliances throughout Ventura County, which address our community鈥檚 business needs.鈥

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