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SBCERA will be implementing new contribution rates for Active Members. Each year, rates are determined based on an independent actuarial study, which calculates the contributions needed to fund current and future benefits.
The new rates are effective June 23, 2018 for most SBCERA employers with the following exceptions: South Coast Air Quality Management District (SCAQMD) and California State Association of Counties (CSAC) (June 18); Barstow Fire Protection District and Law Library (July 1).
We’re going back to basics in the latest Quarterly Review. Don’t miss out on important tax information and benefit reminders. Plus, see how two SBCERA Members are enjoying their retirement through our latest video series.
SBCERA is currently recruiting for exciting new Employment Opportunities.
Cost Of Living Adjustment (COLA) approved for all SBCERA retirees and beneficiaries will take effect on April 1.
SBCERA’s 2017 Comprehensive Annual Financial Report and Popular Annual Financial Report, “Most Valuable Plan,” are now available. The award-winning annual reports detail financial, investment and actuarial activities for the year ended June 30, 2017.
As a result of newly-published 2018 federal withholding tables by the Internal Revenue Service (IRS), beginning with January benefit payments, SBCERA Retired Members and payees may see a change in the amount of federal tax withheld from their benefit. We understand that you may have questions about taxes and your SBCERA benefit. Here are some questions we expect to receive, and the responses we can provide at this time.
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San Bernardino, California 92415-0014
Phone: (909) 885-7980
Toll FREE: (877) 722-3721
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