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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).
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.
SCERS Launches Online Retirement Application
SCERS is excited to introduce the new Online Retirement Application, now available in the MySCERS Portal. This tool makes applying for retirement easier, faster, and more secure.
Election Results Announced for SCERS Retirement Board Miscellaneous Representative
Final election results for the SCERS Retirement Board are now officially certified.
SCERS Achieves Strong Investment Returns in Fiscal Year 2025
The Sacramento County Employees’ Retirement System (SCERS) reported a 10.8% total fund return for the fiscal year ending June 30, 2025, net of fees, exceeding the system’s Policy Index return of 9.9%.
Ballot Finalized for September Board Elections
The ballot is set for the upcoming SCERS Retirement Board election, following the close of the nomination period on August 1, 2025.
SCERS to Require Periodic Certification
Across the pension industry, retirement systems are taking proactive steps to safeguard benefit payments and ensure they reach those who have earned them. As part of our ongoing commitment to accuracy and integrity, SCERS is introducing a new verification process to help protect the system we all depend on.
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.
SCERS Begins Strategic Vision Plan Project With Member Survey
SCERS is embarking on a forward-looking Strategic Vision Plan project as it approaches its 100th anniversary in 2041. This plan aims to develop a shared vision among the Board and Staff, focusing on long-term challenges and opportunities across financial, demographic, and operational issues for the retirement system.
COLA Approved
On February 19th, the SCERS Board of Retirement approved the following Cost of Living Adjustment (COLA) levels effective April 2025, as recommended by the system’s actuary:
Medicare Webinars Offered to County Employees/Retirees
Sacramento County Employee Benefits Office is offering webinars for employees and retirees to learn about Medicare health plan options; specifically:
1099-R Forms Available via SCERS Member Portal
Your 1099-R forms are now available through the SCERS member portal. If you haven’t yet registered for portal access, we encourage you to do so. For information about the member portal and how to register, visit the portal announcement post here.
Social Security and SCERS
Congress recently passed legislation that makes significant changes to Social Security benefits for government workers whose employment is not covered by Social Security but may be eligible for Social Security benefits. Please note this law has no effect on most SCERS members. More than 99% of SCERS members – including all Safety members – are covered by Social Security.
SCERS’ 2024 Popular Annual Financial Report
Coming to Your Mailbox Soon
SCERS’ 2024 Popular Annual Financial Report (PAFR) will soon be delivered to members via postal mail.
Election Results Announced for SCERS Retirement Board Miscellaneous Representative
Final election results for the SCERS Retirement Board are now officially certified.
Employer Rates to Decrease for Third 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 11.
Address Updates Requested Before 1099-R Mailing
At the end of January 2025, SCERS will mail 1099-R forms to those members who received a distribution of income from SCERS in 2024 due to one or more of the following distribution types:
Your SCERS Member Portal has arrived!
SCERS is excited to announce the launching of MySCERS, the long-awaited online self-service portal for employees and retirees.
SCERS Retirement Board Safety Election Results Are In
The final results in the election of one Safety Representative and one Alternate Safety Representative seat on the SCERS Retirement Board are now officially posted.
Voting Period Added for SCERS Board Election
Sacramento County Employees’ Retirement System (SCERS) has been notified that approximately 1,300 eligible Miscellaneous Members did not receive a ballot for the current Member Election to elect One Miscellaneous Representative to the Board of Retirement for a term beginning January 1, 2025, and ending December 31, 2027.