Latest News
SCERS Office to Close Early on Friday 6/7
SCERS’ office will be closing to the public at 11:00 a.m. on Friday, June 7 for a staff event.
We will return to normal business hours on Monday, June 10.
SCERS Moves to .Gov
Sacramento County Employees’ Retirement System (SCERS) has transitioned our website from www.scers.org to www.scers.gov to better align with our status as a government entity.
Here’s what you need to know:
SCERS Files Suit Against Tech Vendor
The Sacramento County Employees’ Retirement System (SCERS) filed a breach of contract lawsuit on April 19 in Sacramento Superior Court against Telus for failing to deliver a technological project.
Upcoming Retirement Health Care Planning Webinars for County Employees
Sacramento County Employee Benefits Office is offering webinars for employees and retirees to learn about Medicare health plan options; specifically:
2023 Annual Statements to be Mailed Feb. 29
Your 2023 Annual Statement will be mailed this week. Please allow sufficient time for mail processing, but let us know if you do not receive it by March 11.
COLA Approved
On February 21, 2023, the SCERS Board adopted the following cost-of-living adjustments (COLA), effective April 1, 2024, for members with retirement dates on or before March 31, 2024:
UHC Medical Deductions
SCERS has been made aware of a display issue on the January 2024 pay advices for retirees with United Health Care (UHC) medical premium deductions.
1099-R Forms are in the Mail
Your 1099-R forms were mailed Monday, January 29th, 2024.
Please allow sufficient mail processing time before contacting SCERS.
Keenan Data Breach
SCERS has been made aware of a data breach involving Keenan, the County’s broker for health insurance and other cafeteria plan benefits, that affects County retirees. SCERS is not involved in this matter and no SCERS data was impacted.
Employee Benefits Office to Host Medicare Webinar
Know your options
The Sacramento County Employee Benefits Office is hosting a Medicare webinar for employees and retirees on Tuesday, February 6, at 10:00 a.m.
The 2023 Popular Annual Financial Report
Coming to Your Mailbox Soon
SCERS will soon be mailing the 2023 Popular Annual Financial Report (PAFR) to our members.
Holiday Office Closures and Hours
In observance of Christmas and New Year’s Day, SCERS will be closed on December 25 and January 1.
Other changes to our office hours are as follows:
Contribution Rates Set to Decrease in 2024
Employer and employee contribution rates to SCERS are both set to decrease slightly next year, based on an actuarial analysis being presented to the Board of Retirement on December 6.
2024 Retiree Health Care Premiums to be Reflected in December
Retirees’ December 29 benefit payment for January will reflect the new 2024 healthcare premium deductions.
Retiree Medical Benefits Open Enrollment is Underway
Open enrollment for Sacramento County retiree medical benefits is currently open until October 27th through the Sacramento County Employee Benefits Office. Please note that SCERS is unable to answer questions about health plans or assist in open enrollment.
SCREA Dues to Increase
Effective as of the September 29, 2023 payday, an increase in dues for Sacramento County Retired Employees Association (SCREA) membership will be reflected in SCERS’ pension payments.
SCERS’ Investment Returns on Par
As global markets rebounded in the first half of 2023, SCERS finished its fiscal year that ended June 30, 2023, with a 6.3% investment return (6.1% net of fees).
New Contribution Rates Effective July 2023
New contribution rates for employees and employers took effect July 1, 2023, remaining relatively stable over the prior fiscal year.
SCERS Welcomes New Executive Staff Member
SCERS announces the addition of a new member of its executive team: Chief Technology Officer Timothy Taylor, who will assume overall responsibility for the implementation of SCERS’s IT modernization program.
SCERS Safe from Pension System Data Breach
Recent news has alerted the public to a major hacking incident affecting a death-audit service provider for pension systems such as CalPERS and CalSTRS.
This data breach has not affected SCERS members.