The Santa Barbara County Employees’ Retirement System (SBCERS) is pleased to report an estimated 25.58% gross investment return for the fiscal year ending June 30, 2021…. Click here to read the announcement >
SBCERS Member Services Representatives are available for in-person “Pop Up” appointments on a number of dates in Santa Barbara, Santa Maria, and Lompoc. These appointments will be in person, yet adhering to CDC social distancing requirements… Click here for more information and book an appointment >
This Fact Sheet is for use by active county employees and provides time sheet coding guidance for recent changes to County of Santa Barbara Stand-By earnings codes pursuant to the California Supreme Court’s decision in Alameda County Sheriffs’ Assoc. v. Alameda County Retirement Assoc. (the “Alameda Decision”), provides timesheet coding information for employees working stand-by effective Pay Period 2021-14, and answers key questions members may have. All Alameda Case Updates are posted to the Alameda Case Update Page … Click here to view the FAQ on Refunds & Pay Codes >
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
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 >
