Latest News
Journey to Retirement
Member News - March 2024
These periodic electronic newsletters are designed for active and deferred members. You’ll find our latest news, highlights, and educational resources to help support your retirement planning.
Life After Retirement
Member News - March 2024
These periodic electronic newsletters are designed for retirees and beneficiaries. You’ll find our latest news, highlights, and educational resources to help support your life in retirement.
Investment Update
March 20, 2024
In recent months, our long-term strategy has shown resilience. SBCERA has an investment strategy designed to generate positive returns over decades—rather than weeks or months.
SBCERA earned a 7.3% return on investments for the 12-month period that ended January 2024. (The 7.3% is “net of fees,” which means that we’ve already subtracted all costs associated with the investment—like management or transaction expenses.)
SBCERA Launches Investment Survey Focused on Global Credit
February 12, 2024
As capital markets evolve and economic regimes shift, we recognize investment managers may shift their focus to strategies with a greater opportunity to earn risk adjusted returns, including developing new strategies.
In an effort to stay informed, SBCERA has initiated a project to identify capabilities in global credit via a short survey available at www.SBCERA.org/Global-Credit-Survey. The results of this survey will help SBCERA identify opportunities for future investment decisions.
2024 Member Engagement Survey
Members—
Soon, you will be receiving an invitation by email to participate in our upcoming member engagement survey. We wanted to share a little about the survey and why it’s important.
2024 Cost-of-Living Adjustment (COLA)
This year’s 2.0% Cost-of-Living Adjustment (COLA) will be effective April 1, 2024. The SBCERA Board of Retirement approved the COLA for Retirees and Beneficiaries at its Board meeting on February 1, 2024.
Life After Retirement
Member News - January 2024
These periodic electronic newsletters are designed for retirees and beneficiaries. You’ll find our latest news, highlights, and educational resources to help support your life in retirement.
Journey to Retirement
Member News - January 2024
These periodic electronic newsletters are designed for active and deferred members. You’ll find our latest news, highlights, and educational resources to help support your retirement planning.
2023 1099-R Tax Forms Available in mySBCERA
January 16, 2024
Retirees and Other Payees: 2023 1099-R tax forms are now available to download in mySBCERA. Hard copies will be mailed to all payees no later than January 31, 2024.
The Board of Trustees Reelect Chair and Vice Chair
We are
pleased to announce Board of Retirement trustees reelected
Marc Bracco as
Chair, and Jean-Rene Basle as Vice
Chair on January 4, 2024.
Looking Ahead to 2024: A Message from SBCERA’s CEO
December 27, 2023
As we reflect on this last year, I’m proud of the significant milestones we reached at SBCERA that are centered around elevating member experience. We understand the responsibility we have to you, and we don’t take that lightly.
Our team remains focused on our service to you, while continuing to plan for the future.
From all of us at SBCERA, we wish you a happy holiday season.
At SBCERA, we feel fortunate to serve those who serve San Bernardino communities with passion, care, and commitment.
Our members are the reason why we do what we do. To show a small token of our appreciation, some of our team members prepared a special holiday message.
From our families to yours, we wish you a healthy holiday season, full of peace, prosperity, and happiness.
2023 Annual Financial Reports Available for Viewing
December 7, 2023
Our 2023 Annual Comprehensive Financial Report and condensed Popular Annual Financial Report are available to view at www.SBCERA.org/Financial-Reports
SBCERA Receives Polaris Awards for Exemplary Public Relations Efforts
November 6, 2023
Congratulations to the SBCERA Communications Team for winning a Polaris Award from the Public Relations Society of America (PRSA) – Inland Empire Chapter for exemplary public relations efforts in the Factors Used to Calculate Retirement video.
Chief Investment Officer, Don Pierce – CIO Magazine’s 2023 Power 100
Congratulations are in order for our Chief Investment Officer Don Pierce, who has been named to Chief Investment Officer Magazine’s 2023 Power 100 list of top investment officers.
They note: “It is no simple task to foresee the future. Yet in reviewing our Power 100 list, one thing is for certain: Those who have made it to the CIO seat and on this 2023 list mostly, and perhaps crucially, continue to guide their funds through volatile times and are disciplined enough to navigate whatever is ahead.”
SBCERA and SEIU Local 721 Fact-Finding Report
After more than two years of bargaining for a successor Memorandum of Understanding, on October 16, 2023, SBCERA and SEIU Local 721 participated in a fact-finding hearing to resolve the impasse. Both sides presented their case to a panel including SBCERA’s chosen representative, SEIU’s chosen representative, and the Chair of the panel who is a neutral third party from the State Mediation and Conciliation Service (SMCS) agreed upon by SBCERA and SEIU.
Online Retirement Now Available in mySBCERA
We’re excited to introduce a new enhancement to your member experience—the option to retire online in mySBCERA, your secure member portal.
As a member, you now have the option to initiate and manage your retirement application from the comfort of your own home.
National Retirement Security Month
This month, SBCERA joins the nation in celebrating National Retirement Security Month (NRSM), a time dedicated to raising awareness and helping our members take concrete steps toward their retirement goals.
We recognize the importance of comprehensive retirement planning, and we’re committed to empowering you on your journey to retirement and beyond. In recognition of NRSM, we’ve prepared a list of information and resources that can help you prepare for your future.
Life After Retirement
Member News - October 2023
These periodic electronic newsletters are designed for retirees and beneficiaries. You’ll find our latest news, highlights, and educational resources to help support your life in retirement.
Journey to Retirement
Member News - October 2023
These periodic electronic newsletters are designed for active and deferred members. You’ll find our latest news, highlights, and educational resources to help support your retirement planning.