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SCERS Launches New Service Purchase Calculator

SCERS is pleased to introduce the Service Purchase Calculator (SPC), a new online tool designed to help members estimate the cost of purchasing or restoring service credit.

Purchasing service credit may allow eligible members to increase their total credited service, which can increase their retirement benefit. The new calculator gives members a convenient way to explore potential purchase options and better understand the estimated cost before submitting a request to SCERS.

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2025 Annual Statements Available in the Portal

The 2025 Annual Statements are now available in the MySCERS Portal for active and deferred members.

The Annual Statement provides account information such as the member’s plan and tier membership, reciprocal system(s), and cumulative retirement contribution and interest balance and years of service as of December 31, 2025.

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Board Approves 2026 COLA

On February 18th, the SCERS Board of Retirement approved the following Cost of Living Adjustment (COLA) levels effective April 2026, as recommended by the system’s actuary:

Miscellaneous Tier 1 and Safety Tier 1

  • with retirement date between 4/1/1976 and 3/31/2026 =  2.0%
  • with retirement date on or before 3/31/1976 = 4.0%

Miscellaneous Tiers 3, 4, and 5, and Safety Tiers 2, 3, and 4: