The San Bernardino County Employees’ Retirement Association (SBCERA) proudly welcomes Debby Cherney as its new Chief Executive Officer (CEO).

This year, there are three seats up for election:

• General Member Trustee
• Safety Member Trustee
• Alternate Safety Member Trustee

In the summer Quarterly Review, we discuss some of the possible ways you can build financial fitness for retirement, and how SBCERA is building upon its solid foundation for a brighter future.

SBCERA has implemented 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).

SBCERA is currently recruiting for exciting new Employment Opportunities.

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.