2024 Annual Statements Mailed March 20th
Your 2024 Annual Statement was mailed on March 20th, 2025. Please allow sufficient time for mail processing but let us know if you do not receive it by March 31st.
Annual Statements are also available in your MySCERS portal account, and this is the final year SCERS will send them via postal mail.
Annual Statement FAQS:
What is an Annual Statement?
An Annual Statement summarizes how much money or benefits active and deferred members have in the SCERS pension system.
The Annual Statement includes information such as the member’s name, identification number, plan and tier membership(s), reciprocal system(s), cumulative pension contribution and interest balance as of December 31st, 2024, and total years of service as of December 31st, 2024.
Am I able to borrow from my SCERS pension system?
You may not borrow from your SCERS account. The account balance is only available upon permanent separation from all SCERS-covered employment.
If the account balance is withdrawn, your SCERS membership will be terminated, and your eligibility and rights to all benefits from SCERS will be forfeited.
What does active and deferred membership mean?
Active members are members who are actively contributing to the SCERS pension system.
Deferred members are those who have ceased SCERS-covered employment and no longer accumulate pension benefits. Deferred members may or may not be vested.
What does “vested” mean?
When a member is vested, he or she has earned a right to receive a monthly SCERS retirement benefit upon retirement eligibility.
You are considered to be a vested member of SCERS if any of the following apply:
- You receive credit for five (5) years of full-time service with a Participating Employer
- You reach age 70, regardless of the number of years of service
- You are eligible for Vested status based on prior public employment covered by a Reciprocal System.
What does reciprocity mean?
Reciprocity is a legal arrangement with certain state and county retirement systems to recognize service credits and pensionable compensation earned by their members in other systems.
Can I access my Annual Statement online?
Yes. Annual Statements can be accessed via SCERS’ member portal. If you would like to download a copy and have not yet registered for the member portal, please create a MySCERS account at my.scers.gov.
Why did I not receive an Annual Statement by mail?
Members who do not receive Annual Statements are:
- retired members
- members with a pending retirement application
- members pending a refund
If you should have received an Annual Statement and did not, have you recently moved? SCERS sends Annual Statements to the most recent address on file. To change your address, please submit an updated Member’s Affidavit to SCERS. Keep in mind that this is the last year SCERS will mail annual statements.