The Sacramento County Department of Voter Registration and Elections announced election results on October 18, 2018, for three seats on the SCERS Board. Matt Petersen, a captain in the Sheriff’s Department, was elected as Safety Representative; John Conneally, a fire battalion chief at the Sacramento County Airport, was re-elected as Alternate Safety Representative; and, Diana Gin, a human resources manager with the Department of Personnel Services, was elected as Miscellaneous Representative. Ms. Gin previously served on the SCERS Board from 2011-2016. The three-year terms begin January 1, 2019.
The Sacramento County Employees’ Retirement System (SCERS) is pleased to announce the launch of its new website. This is the first phase of our website redesign project, which will provide our members improved functionality and additional features on a modern platform, including a responsive design which enhances usability on mobile devices.
The Sacramento County Employees’ Retirement System (SCERS) announced a preliminary total fund return of 10.1%, gross of investment management fees, for the fiscal year ending June 30, 2018. Over the last 3 and 5 years, the SCERS’ gross annualized return was 7.6% and 8.3%, respectively. Though SCERS’ returns have come in above the actuarial return of 7.0%, we remain cautious about future expectations. Capital market assumptions continue to point toward reduced returns going forward, as demonstrated by periods of increased market volatility in 2018.