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SCERS’ spring newsletter and annual statements are in the mail!
Our spring newsletter and annual member statements have been sent out and should be arriving in your mailbox soon.
COLA Update
The April 30th pension payment includes the 2021 cost-of-living adjustment (COLA), which can vary based on membership tier and retirement date.
SCERS sent notices to all retirees in late April with information about the adjusted benefit amount. The notice provides the initial benefit amount at the date of retirement, the dollar value of the cumulative COLA adjustments since retirement, and the new benefit amount as of April 2021.
SCERS Begins Alameda Corrections for Current Employees
The Sacramento County Employees’ Retirement System (SCERS) has initiated a correction process to comply with the California Supreme Court decision in the case of Alameda County Deputy Sheriffs’ Association et al. v. Alameda County Employees’ Retirement Association and Board of Retirement of ACERA (Alameda).
We are dedicated to providing the highest level of retirement services and managing system resources in an effective and prudent manner.
$10.0 Billion
Fund Size
12,650
Active Members
12,732
Retired Members
3,791
Deferred Members
As of June 30, 2020