This page contains updates concerning SCERS’ Final Compensation Review Policy affected by the July 30, 2020 in the case of Alameda County Deputy Sheriffs’ Association et al. v. Alameda County Employees’ Retirement Association and Board of Retirement of ACERA (“Alameda”). That decision has had important implications for SCERS and its members, possibly impacting the calculation of retirement allowances.
Below are the Sacramento County holidays/office closures and the retirement pay dates for 2021. SCERS benefits are paid on the last working day of every month.
Holidays / Office Closures
January 1 – New Year’s Day
January 18 – Martin Luther King, Jr. Day
February 12 – Lincoln’s Birthday
February 15 – Washington’s Birthday
March 31 – Cesar Chavez Day
May 31 – Memorial Day
July 5 – Independence Day
September 6 – Labor Day
October 11 – Columbus Day
November 11 – Veterans Day
The retiree cost-of-living adjustment (COLA) is based on the average annual change in the U.S. Department of Labor, Bureau of Labor Statistics Consumer Price Index (CPI) for All Urban Consumers for the San Francisco-Oakland-Hayward area. According to the County Employees Retirement Law of 1937, the SCERS Board must determine the appropriate COLA for SCERS retirement benefits and implement that COLA on April 1st each year.