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Alameda Corrections for Employees and Retirees Continue

SCERS is continuing, but has not completed, the 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).

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Nominations for Board Seats to Open Soon

Elections will soon take place to fill three Retirement Board seats, with current member terms expiring at the end of this year. Nominations will be held for one Miscellaneous Representative, one Safety Representative, and one Alternate Safety Representative. The first day to obtain and file nomination papers and the Candidate’s Statement Form is Monday, July 26, 2021.

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SCERS Adds to Video Library

A new service credit video has been added to our website and YouTube channel. This is the sixth in a series of informational videos designed to answer many of your frequently asked questions.

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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.

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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).

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SCERS Adds to Video Library

A new animated video on reciprocity has been added to our website and YouTube channel. This is the fifth in a series of informational videos designed to answer many of our frequently asked questions. Click to go to our video page.

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SCERS Board Approves COLA

At its meeting on February 17, 2021, the SCERS Retirement Board approved the annual cost-of-living adjustments (COLA) to be effective April 1, 2021 for eligible SCERS annuitants.

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New Retiree Update: Delays for First Pension Check

Newly retired SCERS members may experience delays receiving their first pension check.

SCERS is currently averaging more than two months to process retirement applications from the date of retirement to the first payment. New retirees should be prepared to wait 75 days for the first payment, and it may take longer under certain circumstances. 

Once the first payment is made, retirees can expect regular payments each month without interruption.

We are sorry for this inconvenience and recognize the hardship it can cause our members. 

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Be on Guard for Phishing Emails

SCERS provides information and counseling sessions to employees nearing retirement, free of charge. We do not use third-party vendors to contact or meet with members about SCERS benefits. 

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1099-R Forms Mailed

Your 1099-R tax forms were mailed on January 30th. Please allow sufficient mail processing time before contacting SCERS. If you do not receive your 1099-R by February 10th, please contact our office at (916) 874-9119.

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Update on Supreme Court Opinion: Notice to Members

This notice concerns amendments to SCERS’ Final Compensation Review Policy that could impact the calculation of your retirement allowance.

If you have recently submitted or are considering submitting a retirement application, please consider how the following information described below may influence your retirement plans, including withdrawing or delaying your application.

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SCERS Celebrates 80 years!

SCERS rings in the new year with more than one reason to celebrate. It’s our 80th anniversary year, and throughout 2021, beginning with a commemorative logo, we’ll be digging through the archives and highlighting our history in our newsletters and elsewhere. Here’s to another 80 years!

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SCERS Video Explains Pension Funding

Did you know that SCERS members only pay 10 cents for every dollar of pension benefits they receive? Watch this animated video that answers one of our most frequently asked questions - “How are pensions funded?”

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SCERS Board Adopts 2021-22 Contribution Rates

During its regular monthly meeting Wednesday, December 9, the SCERS Board of Retirement adopted the annual actuarial valuation, a report that serves as a “health check” on how the pension fund is doing at the end of the fiscal year (June 30), and arguably the most important financial document reviewed each year.