Latest News
Litigation Involving GoldenTree Asset Management and The Province of Buenos Aires
Background
Of the more than $12 billion in assets that SBCERA invests, our position size with the Province of Buenos Aires is approximately $14 million, which is just over one-tenth of one percent of SBCERA’s total portfolio.
Don Pierce – CIO Magazine’s 2021 Power 100
Congratulations are in order for our Chief Investment Officer Don Pierce, who has been named to Chief Investment Officer Magazine’s 2021 Power 100 list of top investment officers.
Journey to Retirement
Member News - February 2021
We’re excited to share our first issue of Journey to
Retirement with you!
These new periodic electronic newsletters are designed with
you, our member, in mind. They are filled with information
on our latest news, highlights, and educational resources to help
support your retirement planning.
Life After Retirement
Member News - February 2021
We’re excited to share our first issue of Life After
Retirement with you!
These new periodic electronic newsletters are designed with
you, our member, in mind. They are filled with information
on our latest news, highlights, and educational resources to help
support you in your life after retirement.
2021 Cost-of-Living Adjustment (COLA)
This year’s 2.0% Cost-of-Living Adjustment (COLA) will be effective April 1, 2021. The SBCERA Board of Retirement approved the COLA for Retirees and Beneficiaries at its Board meeting on February 4, 2021.
The Board of Trustees Elect New Chair and Vice Chair
We are pleased to announce the SBCERA Board of Retirement trustees have elected Neal Waner as the new Chair, and Marc Bracco as the Vice Chair.
Looking Ahead to 2021: A Message from SBCERA’s CEO
December 30, 2020
As we reflect on this last year, I am full of gratitude for our team here at SBCERA and for our partnership with all of you—our valued members and public servants who serve our San Bernardino communities. There’s no doubt 2020 has been one of the most challenging years of our lifetime. The coronavirus pandemic and economic uncertainty have been difficult for everyone.
Alameda Case Update
February 11, 2021
At its Board meetings on August 6, 2020, September 3, 2020, October 1, 2020, and November 5, 2020, the SBCERA Board of Retirement adopted resolutions 2020-5, 2020-6, 2020-8, 2020-9, and 2021-1, respectively, to address the California Supreme Court’s decision issued on Thursday, July 30, 2020 in the case known as Alameda County Deputy Sheriffs’ Association et al. v. Alameda County Employees’ Retirement Association and Board of Retirement of ACERA (S247095, also known as “the Alameda case”).
- Supreme Court Decision in Alameda Case
- SBCERA Resolution 2020-5 Regarding Implementation of Alameda Decision
- SBCERA Resolution 2020-6 Regarding Implementation of Corrective Distributions Required by the Alameda Decision
- Alameda Appeal Request Form
- SBCERA Resolution 2020-8 Regarding Approval of Appeals Process for Benefit Determinations by the Alameda Decision
- SBCERA Resolution 2020-9 Regarding Employer Pay Codes of Employee Compensation
- California State Association of Counties - Alameda Decision Fact Sheet
- City of Chino Hills - Alameda Decision Fact Sheet
- San Bernardino County Transportation Authority
- South Coast Air Quality Management District - Alameda Decision Fact Sheet
- Superior Court of San Bernardino County - Alameda Decision Fact Sheet
- Resolution 2020-8.1 Regarding Approval of Appeals Process for Benefit Determinations by the Alameda Decision
- SBCERA Resolution 2021-1 Regarding Employer Pay Codes of Employee Compensation
- Read more
2020 CAFR & PAFR Available for Viewing
December 14, 2020
Our 2020 Comprehensive Annual Financial Report and condensed Popular Annual Financial Report are available to view at www.SBCERA.org/Financial-Reports
SBCERA Receives Polaris Award for Excellence in Website Redesign
November 17, 2020
The San Bernardino County Employees’ Retirement Association (SBCERA) is honored to have received a Polaris Award from the Public Relations Society of America (PRSA) – Inland Empire Chapter for excellence in our recent Website Redesign project.
SBCERA Receives Recognition for Excellence in Financial Reporting
November 5, 2020
The San Bernardino County Employees’ Retirement Association (SBCERA) has been awarded the Government Finance Officers Association’s (GFOA) Certificate of Achievement for Excellence in Financial Reporting for our Comprehensive Annual Financial Report (CAFR) for the fiscal year ended June 30, 2019.
Secure Drop Box Installed
SBCERA has installed a secure drop box for your convenience. You can now drop off paperwork, correspondence, and parcels that are within 15X12 in size.
RESBC and PGA Benefits
The Retired Employees of San Bernardino County (RESBC) and Pacific Group Agencies (PGA) have recently mailed information to some retirees regarding their open enrollment period. Since SBCERA does not administer health or vision coverage and simply facilitates the deduction, our staff cannot answer specific questions regarding these changes.
For more information, please contact PGA at (800) 511-9065 or RESBC@pgagencies.com.
Coronavirus (COVID-19) Updates
We recognize the global pandemic resulting from the coronavirus (COVID-19) may be creating uncertainty and concern among our members. We want to reassure you that your benefits are safe, and we have staff working off-site to continue to serve you.
SBCERA Announces “mySBCERA” — Your New Online Member Portal
We’re excited to share that your new online member portal, “mySBCERA” (previously known as MemberDirect), is now mobile-friendly and much easier to access anytime, anywhere, using your computer, phone or tablet.
SBCERA Launches New Website to Better Serve Its Members & Stakeholders
May 6, 2020
This year, the San Bernardino County Employees’ Retirement Association (SBCERA) is marking 75 years of service to our members. As we pass this historic milestone, we’re heading into the future with the launch of our new website—specially tailored for those we serve. Our new site will also help us more effectively provide you with the latest updates and information, with many of our services currently shifting online due to the coronavirus (COVID-19).
Alameda Case Update—Oral Argument to be held on May 5, 2020
April 20, 2020
On April 15, 2020, San Bernardino County Employees’ Retirement Association (SBCERA) received notice of the date for the California Supreme Court to hear oral arguments in the case known as Alameda County Deputy Sheriffs’ Association et al. v. Alameda County Employees’ Retirement Association and Board of Retirement of ACERA (S247095) (“Alameda”). The Court set oral argument for May 5, 2020. On that date, the Court will hear issues concerning several pay items for legacy members of County Employees’ Retirement Law of 1937 (CERL) systems.
Investment Update in Response to COVID-19
March 30, 2020
SBCERA members and employers,
We want to reassure you that despite these turbulent times and markets, your pension has mechanisms and strategies to protect your income, now and in the future. Since the initial spread of coronavirus (COVID-19), we have seen a global economic stress and related volatility in markets. This has undoubtedly challenged the pension industry.
Message from SBCERA CEO, Debby Cherney
March 15, 2020
“As the world confronts the spread of the coronavirus (COVID-19), I wanted to update you on how SBCERA is responding.”
2.00% COLA Approved
February 6, 2020
The SBCERA Board of Retirement has approved a 2.00% Cost-of-Living Adjustment for retirees and beneficiaries, effective April 1, 2020. Any members who retire on or before April 1, 2020, will receive the COLA and the increase will automatically be included in benefit payments beginning April 30, 2020.