Retiree Open Enrollment for the 2025 calendar year runs from October 1 – 31. All change forms are due to SBCERS by Friday, November 1. Click here to view Open Enrollment materials for 2025 >
Thank you to all who participated! We had 117 submissions this year. Winning photos will be printed to canvas and hung around SBCERS Goleta office. Click here to view the winning photos >
We are pleased to announce the preliminary financial results for the fiscal year ending June 30, 2024. The total fund returned 8.73% for the fiscal year, reflecting positive absolute performance in all but one asset class. The fund’s market value increased a net gain of $353.3 million to reach a total market value of $4.42 billion. Click here to read the full announcement in the July 2024 Newsletter >
Active and Deferred SBCERS Members have received a Member Statement in the mail, along with the SBCERS Popular Annual Financial Report. Active and Deferred Members can view their Member Statement online at MySBCERS, by clicking “Statements” under “Communications.” Click here to learn 6 tips to being well informed and retirement ready>
Once a member retires from SBCERS they are generally free to work for a private or public employer and participate in another retirement plan without that employment affecting the member’s retirement benefit. However, working for the County of Santa Barbara or another SBCERS employer while retired from SBCERS is subject to rules and restrictions, even if done in a different capacity from the member’s original occupation. If you plan on working for an SBCERS Employer after retirement as Extra-Help, Contractor on Payroll (COP), or Independent Contractor, click here for guidelines and forms >
Videos explaining what to expect during the retirement process, who is eligible for retirement, how your pension benefit is calculated, COLA, what service purchases are and how they impact your benefit, retiree health insurance, and what happens to your retirement account when you go through a divorce and dissolution of registered domestic partnership are available to view…. Click Here for the Playlist >
SBCERS has developed guidelines to assist members undergoing dissolution of a marriage or domestic partnership. There may be unique circumstances that are not discussed in these guidelines. Members and their spouses are encouraged to contact an SBCERS member services representative should these guidelines not address their questions or concerns… Click here for more information>
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 >
