SBCERS payees should have received a 3-copy version of their 1099-R in the first week of February. Instructions are included on the back of the page, similar to last year’s format. If necessary, please contact an SBCERS Member Services Representative to make updates to your form. Payees have until March 31, 2021 to review before SBCERS submits to the IRS… Click here to view a sample 1099-R >
The SBCERS Popular Annual Financial Report as of June 30, 2020 is available to view online… Click here to read the report >
The County has reviewed the insurance fund balances, and determined that, due to a high accumulated fund balance in the Dental PPO fund, the rates for County Dental PPO rates are reduced as follows. These reduced rates are effective the December 1, 2020 benefit payment, through the entire year 2021.
Dental PPO rates for December 2020 and insurance year 2021:
Retiree: $ 34.52
Retiree + 1: $ 56.74
Retiree Family: $86.16
SBCERS Fact Finding Report and related recommendations concerning the inclusion of stand-by duty in compensation earnable will be presented at the November 18, 2020 Board of Retirement meeting as an information only item… Click here to read the report >
Please know that your retirement benefits protect you and your loved ones in the event you become disabled and are unable to perform your usual duties…. Click here to learn more about your benefits and how to ensure your wishes are properly carried out >
On March 16, 2020, SBCERS is implementing operating practices designed to encourage social distancing and reduce the risk of spreading coronavirus…. Read the CEO’s Letter >
Watch the video from the May 2019 Retirement Basics Workshop: Best Practices for Retirement Planning… Watch the Video >
