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COLA Update

The April 30th pension payment includes the 2021 cost-of-living adjustment (COLA), which can vary based on membership tier and retirement date.

SCERS sent notices to all retirees in late April with information about the adjusted benefit amount.  The notice provides the initial benefit amount at the date of retirement, the dollar value of the cumulative COLA adjustments since retirement, and the new benefit amount as of April 2021.

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SCERS Adds to Video Library

A new animated video on reciprocity has been added to our website and YouTube channel. This is the fifth in a series of informational videos designed to answer many of our frequently asked questions. Click to go to our video page.

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SCERS Board Approves COLA

At its meeting on February 17, 2021, the SCERS Retirement Board approved the annual cost-of-living adjustments (COLA) to be effective April 1, 2021 for eligible SCERS annuitants.

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Be on Guard for Phishing Emails

SCERS provides information and counseling sessions to employees nearing retirement, free of charge. We do not use third-party vendors to contact or meet with members about SCERS benefits. 

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Update on Supreme Court Opinion: Notice to Members

This notice concerns amendments to SCERS’ Final Compensation Review Policy that could impact the calculation of your retirement allowance.

If you have recently submitted or are considering submitting a retirement application, please consider how the following information described below may influence your retirement plans, including withdrawing or delaying your application.

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SCERS Celebrates 80 years!

SCERS rings in the new year with more than one reason to celebrate. It’s our 80th anniversary year, and throughout 2021, beginning with a commemorative logo, we’ll be digging through the archives and highlighting our history in our newsletters and elsewhere. Here’s to another 80 years!