June 15, 2023 – The Ventura County Employees’ Retirement Association (VCERA) today announced that Linda Webb has decided to step down as its Retirement Administrator, the chief executive position she has held since January 2015. The governing Board of Retirement is expected to appoint an interim administrator to lead the agency until a full-time replacement is identified following a nationwide recruitment.

“I appreciate the support of the Board of Retirement during my tenure at VCERA,” Ms. Webb said. “They have been attentive and responsive, paving the way for transformative change since 2015.”

“It is with sadness that I am leaving VCERA, but it has been my honor and privilege to serve with you,” Ms. Webb wrote to VCERA staff. “It was not my plan to resign/retire at this time, as I had hoped to continue working here for several more years. However, this is a family-first decision.”

Ms. Webb has been tapped to serve as Executive Director at the Fort Worth Employees’ Retirement Fund in Texas, which will allow her to better care for her family in that region following a recent traumatic accident in her immediate family. Before joining VCERA in 2015, Ms. Webb worked at the Oklahoma Public Employees Retirement System for 17 years, most recently as its Director of Member Services.

Mike Sedell, Chair of the VCERA Board of Retirement, stated: “Over the past 8½ years, Linda has worked with the Board to advance our partnerships with members, plan sponsors, and other stakeholders; to ensure efficient and effective operations; and to assure members that their earned benefits are secure by maintaining a well-funded retirement system. She has worked well with the County of Ventura and earned the respect of her colleagues and staff. We are truly sorry to have to accept her resignation.”

“With our amazing staff, VCERA has made great strides in service to our members, technology and fiscal soundness during my tenure,” Ms. Webb stated. “My appreciation to the staff is deep and sincere, and I believe VCERA is in good hands with the current team in place. I am confident the future is bright for VCERA.”

(Click here to view the press release.)