Retirement Planning

Regardless of age, it is never too early to begin thinking about one’s financial security after retirement. A crucial component of SBCERS mission is the commitment to assist our members as they make informed decisions about their financial future, at each stage of their career.

PRE-RETIREMENT WORKSHOPS

PLANNING TO RETIRE WITHIN TWO TO FIVE YEARS? SBCERS hosts Pre-Retirement Workshops for our members who are planning to retire within two to five years of the workshop date. The 2 hour workshops include presentations by:

  • Santa Barbara County Employees’ Retirement System: retirement eligibility, the retirement process, required documentation, payment options, insurance, and more.

  • Social Security Administration

  • Empower – Deferred Compensation Plan service provider

  • Retired Employees of Santa Barbara County (RESBC)

Q & A SESSIONS

It’s never too soon to learn about your retirement benefits.  Whether you are a new Retirement Plan member or you’ve been a member for a while, if you are interested in learning more about your retirement benefits, you are invited to attend a Question and Answer (Q&A) Session, held in Santa Barbara, Santa Maria and Lompoc. During these informal sessions which run approximately 1-1/2 hours, information will be presented about the various retirement plans and benefits and attendees will have ample opportunity to ask questions. No reservations are required for Q&As.  These sessions are designed for new members and long-time members alike.

Watch the Retirement Basics Workshop: Best Practices for Retirement Planning (May 2019)

Click the links below to view a 2-hour workshop designed for members 3 -20 years from retirement who want to learn about your valuable SBCERS pension benefit:

Introduction
SBCERS CEO’s Message
What benefits are available through SBCERS?
What happens to my Retirement account if I leave employment?
What is Reciprocity?
What are Service purchases?
Domestic Relations Orders: How does divorce impact my retirement?
Best Practices for Retirement Preparedness
How to use the SBCERS Retirement Benefit Estimator
Social Security and Medicare Information
How do I start the retirement process?
Question and Answer session