SBCERA retirement benefits are funded through contributions paid
by participating active employers, members, and earnings from
SBCERA investments. Employer contribution requirements are
determined by periodic actuarial valuations under state law,
conducted by actuaries. The Board of Retirement reviews and sets
contribution rate increases or decreases on the basis of these
studies each fiscal year.
View the 2021-2022 Employer Contribution Rates below.
Contribution requirements shown are the employer required
contribution only. Figures do not include the member contribution
or any cost sharing.
Our office is currently closed to the public, but we're working and available to assist you. Pension payments are on schedule and we are processing retirements. Visit our coronavirus (COVID-19) resource page for more information.