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Article Staci Morrison

Retirement Board Election Update

The 2019 Board of Retirement candidate nomination period is closed. Ballots will be mailed mid-September for the Miscellaneous Representative position.  

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Pension Fund Nears $10 Billion

SCERS’ investments returned 7.2% in the 2018-19 fiscal year, finishing with a market value of $9.7 billion. 

SCERS assumes a 7% annual rate of return — meeting or exceeding that target helps keep the fund strong to support benefits without needing to increase contribution rates. For the last 3, 5, and 10 years ending June 30, SCERS delivered annualize returns of 10.4%, 6.5% and 9.7%, respectively.

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Read the Summer issue of SCERS’ Newsletter

Our Summer 2019 newsletter is out! This issue spotlights our Chief Investment Officer, offers tips on submitting retirement documents early, a note about Board elections, and more.

Active and retired embers can find the newsletter in their mailbox or may pick up a copy at SCERS’s downtown office. The newsletter has also been posted under Newsletters.