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 >

COST OF LIVING ADJUSTMENT AS OF APRIL 1, 2020 IS APPROVED

The Cost of Living Adjustment as of April 1, 2020 is 3% and will be reflected in the May 1, 2020 benefit payment. Plans are limited an increase of 3% or 2%. Any difference will be credited to the COLA bank…. Read the Actuary’s analysis>

NEW SBCERS RETIREMENT BENEFIT STATEMENT

Welcome to the newly enhanced SBCERS Retirement Benefit Statement format, which will be effective beginning the October 1, 2019 Benefit Payment… Read More >

RETIREMENT BASICS WORKSHOP VIDEO AVAILABLE

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

Click on the image to view full size.