Board of Retirement
The SCERS Board of Retirement is the governing body responsible for overseeing the administration of the retirement system and safeguarding the financial security of its members. Guided by the California Constitution, the County Employees Retirement Law of 1937 (CERL), and the Public Employees’ Pension Reform Act of 2013 (PEPRA), the Board carries fiduciary responsibility for both the investment of trust assets and the fair administration of benefits.
The Board’s role is to act solely in the interest of members and beneficiaries. Its decisions affect everything from the system’s investment policies to contribution rates, actuarial assumptions, and member services. By law, Board meetings are open to the public, ensuring transparency and accountability in every decision.
Board Education
Members of the SCERS Board of Retirement are required to complete ongoing education to maintain a strong understanding of public pension governance, investments, actuarial principles, and fiduciary responsibilities. These education requirements help ensure Board members remain informed and prepared to make decisions that protect and responsibly manage the retirement benefits of SCERS members and beneficiaries.