SBCERS offices are closed to the public, however we can assist you online or over the phone. If you have questions regarding our social distancing policy, or just want to discuss your retirement account, please call 1-877-568-2940 or email [email protected].

ANNOUNCEMENTS & HIGHLIGHTS

Consideration of the Alameda Case Fact Finding Report Rescheduled to January 13, 2021

Consideration of the Alameda Case Fact Finding Report and Recommendations has been rescheduled to a special meeting of the Santa Barbara County Board of Retirement on January 13, 2021 at 9:00 a.m… Click here to view the most recent updates regarding the Alameda Case >

County Dental PPO plan rate reduction – effective December 1, 2020 through Insurance Year 2021

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 Stand-By Duty Fact Finding Report

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 >

Member Advisory Concerning Stand-By Pay

On July 30, 2020, the California Supreme Court issued its decision in Alameda County Deputy Sheriffs’ Assoc. v. Alameda County Employees’ Retirement Association (the Alameda Decision)… Click here to read more>

SBCERS Santa Maria Office Has Moved!

Please update your records with our new Santa Maria address and fax number: 2236 S. Broadway, Suite D, Santa Maria, CA 93454. Fax: 805-695-2755. Our phone numbers, email addresses, and website have remained the same. Please note that both Santa Barbara and Santa Maria offices remain closed to the public until further notice due to COVID-19. We look forward to greeting you in our new home when it is safe to do so. Click here to view the Announcement >

SBCERS Santa Barbara Office Has Moved!

Please update your records with our new address and fax number: 130 Robin Hill Road, Suite 100, Goleta, CA 93117. Fax: 805-695-2755. The office is located at the back of the building. Our phone numbers, email addresses, and website have remained the same. Please note that both Santa Barbara and Santa Maria offices remain closed to the public until further notice due to COVID-19. We look forward to greeting you in our new home when it is safe to do so. Click here to view the Announcement >

Frequently Asked Questions Regarding COVID-19

The most common themes are about the impact of the financial market decline on SBCERS investments and the potential for changes to the cost of living adjustment. Members also want to know about the risk of benefit payments being reduced or interrupted…. Click here to view questions and answers in a PDF >

Information on Disability Retirement Benefits and SBCERS Account Management Best Practices

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 >

SBCERS Office is implementing social distancing practices

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 >

RETIREMENT BASICS WORKSHOP VIDEO AVAILABLE

Watch the video from the May 2019 Retirement Basics Workshop: Best Practices for Retirement Planning… Watch the Video >

UPCOMING EVENTS

Wednesday, December 9 Board of Retirement Meeting
Friday, December 25 SBCERS Offices are closed
Friday, January 1 SBCERS Offices are closed
Wednesday, January 13 Board of Retirement Special Meeting
Wednesday, January 27 Board of Retirement Meeting

ANNOUNCEMENTS & HIGHLIGHTS

Consideration of the Alameda Case Fact Finding Report Rescheduled to January 13, 2021

Consideration of the Alameda Case Fact Finding Report and Recommendations has been rescheduled to a special meeting of the Santa Barbara County Board of Retirement on January 13, 2021 at 9:00 a.m… Click here to view the most recent updates regarding the Alameda Case >

County Dental PPO plan rate reduction – effective December 1, 2020 through Insurance Year 2021

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 Stand-By Duty Fact Finding Report

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 >

Member Advisory Concerning Stand-By Pay

On July 30, 2020, the California Supreme Court issued its decision in Alameda County Deputy Sheriffs’ Assoc. v. Alameda County Employees’ Retirement Association (the Alameda Decision)… Click here to read more>

SBCERS Santa Maria Office Has Moved!

Please update your records with our new Santa Maria address and fax number: 2236 S. Broadway, Suite D, Santa Maria, CA 93454. Fax: 805-695-2755. Our phone numbers, email addresses, and website have remained the same. Please note that both Santa Barbara and Santa Maria offices remain closed to the public until further notice due to COVID-19. We look forward to greeting you in our new home when it is safe to do so. Click here to view the Announcement >

SBCERS Santa Barbara Office Has Moved!

Please update your records with our new address and fax number: 130 Robin Hill Road, Suite 100, Goleta, CA 93117. Fax: 805-695-2755. The office is located at the back of the building. Our phone numbers, email addresses, and website have remained the same. Please note that both Santa Barbara and Santa Maria offices remain closed to the public until further notice due to COVID-19. We look forward to greeting you in our new home when it is safe to do so. Click here to view the Announcement >

Frequently Asked Questions Regarding COVID-19

The most common themes are about the impact of the financial market decline on SBCERS investments and the potential for changes to the cost of living adjustment. Members also want to know about the risk of benefit payments being reduced or interrupted…. Click here to view questions and answers in a PDF >

Information on Disability Retirement Benefits and SBCERS Account Management Best Practices

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 >

SBCERS Office is implementing social distancing practices

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 >

RETIREMENT BASICS WORKSHOP VIDEO AVAILABLE

Watch the video from the May 2019 Retirement Basics Workshop: Best Practices for Retirement Planning… Watch the Video >

MONTHLY INVESTMENT PERFORMANCE

October 2020 Fund Performance: Fiscal Year to Date performance is 5.00%.

Click on the image to view full size.

UPCOMING EVENTS

Wednesday, December 9 Board of Retirement Meeting
Friday, December 25 SBCERS Offices are closed
Friday, January 1 SBCERS Offices are closed
Wednesday, January 13 Board of Retirement Special Meeting
Wednesday, January 27 Board of Retirement Meeting