Latest News
Chief Investment Officer, Don Pierce – CIO Magazine’s 2023 Power 100
Congratulations are in order for our Chief Investment Officer Don Pierce, who has been named to Chief Investment Officer Magazine’s 2023 Power 100 list of top investment officers.
They note: “It is no simple task to foresee the future. Yet in reviewing our Power 100 list, one thing is for certain: Those who have made it to the CIO seat and on this 2023 list mostly, and perhaps crucially, continue to guide their funds through volatile times and are disciplined enough to navigate whatever is ahead.”
SBCERA and SEIU Local 721 Fact-Finding Report
After more than two years of bargaining for a successor Memorandum of Understanding, on October 16, 2023, SBCERA and SEIU Local 721 participated in a fact-finding hearing to resolve the impasse. Both sides presented their case to a panel including SBCERA’s chosen representative, SEIU’s chosen representative, and the Chair of the panel who is a neutral third party from the State Mediation and Conciliation Service (SMCS) agreed upon by SBCERA and SEIU.
Online Retirement Now Available in mySBCERA
We’re excited to introduce a new enhancement to your member experience—the option to retire online in mySBCERA, your secure member portal.
As a member, you now have the option to initiate and manage your retirement application from the comfort of your own home.
National Retirement Security Month
This month, SBCERA joins the nation in celebrating National Retirement Security Month (NRSM), a time dedicated to raising awareness and helping our members take concrete steps toward their retirement goals.
We recognize the importance of comprehensive retirement planning, and we’re committed to empowering you on your journey to retirement and beyond. In recognition of NRSM, we’ve prepared a list of information and resources that can help you prepare for your future.
Life After Retirement
Member News - October 2023
These periodic electronic newsletters are designed for retirees and beneficiaries. You’ll find our latest news, highlights, and educational resources to help support your life in retirement.
Journey to Retirement
Member News - October 2023
These periodic electronic newsletters are designed for active and deferred members. You’ll find our latest news, highlights, and educational resources to help support your retirement planning.
SBCERA’s Senior Investment Officers, Amit Thanki and Thomas Kim – CIO Magazine’s 2023 Class of “NextGens”
August 15, 2023
Congratulations to our Senior Investment Officers, Amit Thanki, and Thomas Kim on being named Chief Investment Officer Magazine’s (CIO) 2023 Class of “NextGens”!
Each year, CIO asks for nominations for up-and-coming trailblazers who are exceeding expectations in public and corporate pensions, endowments, foundations, wealth funds, and any other categories of institutional asset allocators.
SBCERA Reports Preliminary Net Investment Return for the 2022-23 Fiscal Year
July 31, 2023
The San Bernardino County Employees’ Retirement Association (SBCERA) announces a preliminary 5.0% net return on investments for the 12-month period that ended June 30, 2023. Assets stood at $14 billion at the end of the fiscal year.
SBCERA has a long-term investment strategy, focused on income, and we’ve built an investment portfolio designed to generate positive returns over decades—rather than weeks or months.
SBCERA Welcomes Newest Trustee, Eric Raley
Please join us in welcoming our newest Trustee, Eric Raley!
Eric ran for SBCERA’s vacant General Member Trustee seat uncontested and will serve a term of office from July 11, 2023, to December 31, 2024.
He will be officially sworn into office as a SBCERA Board of Retirement Trustee at our Board Meeting on Thursday, August 3, 2023.
SBCERA Not Impacted by CalPERS Third-Party Breach – Your Information is Safe
This week, CalPERS announced that its retired members were involved in a worldwide data security breach, impacting PBI Research Services/Berwyn Group involving the MOVEit Transfer Application.
We want to assure you that SBCERA was not in any way impacted and your information is safe. Additionally, SBCERA is not subject to the same file transfer risk because of the current safeguards we have in place.
Life After Retirement
Member News - June 2023
These periodic electronic newsletters are designed for retirees and beneficiaries. You’ll find our latest news, highlights, and educational resources to help support your life in retirement.
Journey to Retirement
Member News - June 2023
These periodic electronic newsletters are designed for active and deferred members. You’ll find our latest news, highlights, and educational resources to help support your retirement planning.
Board of Retirement Notice of Election
May 22, 2023
One seat on the SBCERA Board of Retirement will be open for election later this year. Candidacy information will be available May 30, 2023, and the candidate filing period ends on June 23, 2023.
SBCERA’s Communication Efforts Receive Top Statewide Honors
The San Bernardino County Employees’ Retirement Association (SBCERA) is honored to have received top statewide recognition for our commitment to effective communications, one of our strategic pillars, by the California Association of Public Information Officials (CAPIO).
New Self-Service Options in mySBCERA for Retirees
We’re excited to share some important updates that have been made to mySBCERA, your online member portal that can be accessed anytime, anywhere, using your computer, phone, or tablet.
New Self-Service Options in mySBCERA
Retirees and beneficiaries now have the option to update tax withholding elections and direct deposit information in their online account. This new functionality is only available to members who are already receiving monthly benefits.
Life After Retirement
Member News - March 2023
These periodic electronic newsletters are designed for retirees and beneficiaries. You’ll find our latest news, highlights, and educational resources to help support your life in retirement.
Journey to Retirement
Member News - March 2023
These periodic electronic newsletters are designed for active and deferred members. You’ll find our latest news, highlights, and educational resources to help support your retirement planning.
Investment Update
March 22, 2023
In recent months, during a time of global economic stress, our long-term strategy has shown resilience.
SBCERA earned a 2.7% return on investments for the 12-month period that ended January 2023. (The 2.7% is “net of fees,” which means that we’ve already subtracted all costs associated with the investment—like management or transaction expenses.)
SBCERA Welcomes Newest Trustee, Supervisor Dawn Rowe
We are pleased to share that Supervisor Dawn Rowe has been appointed by the San Bernardino County Board of Supervisors to serve as Trustee on the SBCERA Board of Retirement. Dawn will serve a term of office from January 24, 2023 to December 31, 2025.
Dawn was officially sworn into office as a SBCERA Board of Retirement Trustee at our Board Meeting on Thursday, February 1, 2023.
2023 Cost-of-Living Adjustment (COLA)
This year’s 2.0% Cost-of-Living Adjustment (COLA) will be effective April 1, 2023. The SBCERA Board of Retirement approved the COLA for Retirees and Beneficiaries at its Board meeting on February 2, 2023.