The SBCERA Board of Retirement has approved a 1.00% Cost-of-Living Adjustment for Retirees and Beneficiaries, effective April 1, 2025. Members who retire on or before April 1, 2025, will receive a 1% COLA, and the increase will automatically be included in the benefit payments beginning April 30, 2025. Learn more
SBCERA’s investment reports provide investment
performance information. The quarterly
investment reports are prepared by SBCERA pension consultant,
NEPC. The monthly
investment reports are prepared by SBCERA custodian,
State Street Bank and Trust.