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Cyril Shah Appointed to SCERS Board

The Sacramento County Board of Supervisors on December 9 appointed Cyril Shah as a trustee to the SCERS Board of Retirement.

Mr. Shah is the president of Shah Wealth Management and a financial advisor for the global financial services firm Raymond James. His career includes positions at Smith Barney and Wachovia Securities before he founded The Shah Group in 2001 (rebranded as Shah Wealth Management in 2016).

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Employer Rates to Decrease for Fourth Year

Employer contribution rates to SCERS will decrease next year as the pension fund continues to strengthen, based on an actuarial analysis being presented to the Board of Retirement on December 10.