Latest News
Board of Retirement Notice of Election
August 9, 2021
Three seats on the SBCERA Board of Retirement will be open for election later this year. Candidacy information will be available August 16, 2021, and the candidate filing period ends on September 10, 2021.
Journey to Retirement
Member News - July 2021
These periodic electronic newsletters are designed just for members like you. You’ll find our latest news, highlights, and educational resources to help support your retirement planning. We want to make sure this newsletter covers topics that matter to you, so please share any feedback and suggestions with us at communications@SBCERA.org.
Life After Retirement
Member News - July 2021
These periodic electronic newsletters are designed just for SBCERA retirees and beneficiaries. You’ll find our latest news, highlights, and educational resources to help support you in retirement. We want to make sure this newsletter covers topics that matter to you, so please share any feedback and suggestions with us at communications@SBCERA.org.
SBCERA Reports Preliminary +33% Investment Returns for Fiscal Year 20-21
July 21, 2021
The San Bernardino County Employees’ Retirement Association (SBCERA) is proud to report a preliminary +33% net return on investments for the 12-month period that ended June 30, 2021.
SBCERA has made a strong recovery after a tough fiscal year end result in June 2020 and has earned over $3 billion in gains in the fiscal year, with an ending Net Asset Value (NAV) of $13.4 billion as of June 30, 2021. The strong fiscal year return was driven by investments in Private Equity, Credit, Public Equity, Emerging Market Equity, and Small Cap Equity.
Journey to Retirement
Member News - April 2021
These new periodic electronic newsletters are designed just for members like you. You’ll find our latest news, highlights, and educational resources to help support your retirement planning. We want to make sure this newsletter covers topics that matter to you, so please share any feedback and suggestions with us at communications@SBCERA.org.
Life After Retirement
Member News - April 2021
These new periodic electronic newsletters are designed just for SBCERA retirees and beneficiaries. You’ll find our latest news, highlights, and educational resources to help support you in retirement. We want to make sure this newsletter covers topics that matter to you, so please share any feedback and suggestions with us at communications@SBCERA.org.
Litigation Involving GoldenTree Asset Management and The Province of Buenos Aires
Background
Of the more than $12 billion in assets that SBCERA invests, our position size with the Province of Buenos Aires is approximately $14 million, which is just over one-tenth of one percent of SBCERA’s total portfolio.
Chief Investment Officer, Don Pierce – CIO Magazine’s 2021 Power 100
Congratulations are in order for our Chief Investment Officer Don Pierce, who has been named to Chief Investment Officer Magazine’s 2021 Power 100 list of top investment officers.
Journey to Retirement
Member News - February 2021
We’re excited to share our first issue of Journey to
Retirement with you!
These new periodic electronic newsletters are designed with
you, our member, in mind. They are filled with information
on our latest news, highlights, and educational resources to help
support your retirement planning.
Life After Retirement
Member News - February 2021
We’re excited to share our first issue of Life After
Retirement with you!
These new periodic electronic newsletters are designed with
you, our member, in mind. They are filled with information
on our latest news, highlights, and educational resources to help
support you in your life after retirement.
2021 Cost-of-Living Adjustment (COLA)
This year’s 2.0% Cost-of-Living Adjustment (COLA) will be effective April 1, 2021. The SBCERA Board of Retirement approved the COLA for Retirees and Beneficiaries at its Board meeting on February 4, 2021.
The Board of Trustees Elect New Chair and Vice Chair
We are pleased to announce the SBCERA Board of Retirement trustees have elected Neal Waner as the new Chair, and Marc Bracco as the Vice Chair.
Looking Ahead to 2021: A Message from SBCERA’s CEO
December 30, 2020
As we reflect on this last year, I am full of gratitude for our team here at SBCERA and for our partnership with all of you—our valued members and public servants who serve our San Bernardino communities. There’s no doubt 2020 has been one of the most challenging years of our lifetime. The coronavirus pandemic and economic uncertainty have been difficult for everyone.
Alameda Case Updates
The SBCERA Board of Retirement has adopted several resolutions to address the California Supreme Court’s decision issued on July 30, 2020 in the case known as Alameda County Deputy Sheriffs’ Association et al. v. Alameda County Employees’ Retirement Association and Board of Retirement of ACERA (S247095, also known as “the Alameda case”).
- Supreme Court Decision in Alameda Case
- SBCERA Resolution 2020-5 Regarding Implementation of Alameda Decision
- SBCERA Resolution 2020-6 Regarding Implementation of Corrective Distributions Required by the Alameda Decision
- SBCERA Resolution 2020-8 Regarding Approval of Appeals Process for Benefit Determinations by the Alameda Decision
- SBCERA Resolution 2020-9 Regarding Employer Pay Codes of Employee Compensation
- SBCERA Resolution 2020-8.1 Regarding Approval of Appeals Process for Benefit Determinations by the Alameda Decision
- SBCERA Resolution 2021-1 Regarding Employer Pay Codes of Employee Compensation
- SBCERA Resolution 2020-8.02 Regarding Approval of Appeals Process for Benefit Determinations by the Alameda Decision
- Actuary and Audit Policy No. 002
- SBCERA History of Member Crediting Rate
- SBCERA Resolution 2021-5 Regarding Employer Pay Codes of Employee Compensation
- SBCERA Resolution 2021-6 Regarding Employer Pay Codes of Employee Compensation
- SBCERA Resolution 2021-8 Regarding Employer Pay Codes of Employee Compensation
- Read more
2020 ACFR & PAFR Available for Viewing
December 14, 2020
Our 2020 Annual Comprehensive Financial Report and condensed Popular Annual Financial Report are available to view at www.SBCERA.org/Financial-Reports
SBCERA Receives Polaris Award for Excellence in Website Redesign
November 17, 2020
The San Bernardino County Employees’ Retirement Association (SBCERA) is honored to have received a Polaris Award from the Public Relations Society of America (PRSA) – Inland Empire Chapter for excellence in our recent Website Redesign project.
SBCERA Receives Recognition for Excellence in Financial Reporting
November 5, 2020
The San Bernardino County Employees’ Retirement Association (SBCERA) has been awarded the Government Finance Officers Association’s (GFOA) Certificate of Achievement for Excellence in Financial Reporting for our Comprehensive Annual Financial Report (CAFR) for the fiscal year ended June 30, 2019.
RESBC and PGA Benefits
The Retired Employees of San Bernardino County (RESBC) and Pacific Group Agencies (PGA) have recently mailed information to some retirees regarding their open enrollment period. Since SBCERA does not administer health or vision coverage and simply facilitates the deduction, our staff cannot answer specific questions regarding these changes.
For more information, please contact PGA at (800) 511-9065 or RESBC@pgagencies.com.
Office Updates
Our office is open to members and visitors, and staff is working and available to serve you during normal business hours (Monday through Friday from 8am – 5pm). Any health-related precautions or requirements for visitors will be posted on site.
For questions about planning your retirement or understanding your benefits, you can call us at (909) 885-7980, or send us an email at memberservices@SBCERA.org.
SBCERA Announces “mySBCERA” — Your New Online Member Portal
We’re excited to share that your new online member portal, “mySBCERA” (previously known as MemberDirect), is now mobile-friendly and much easier to access anytime, anywhere, using your computer, phone or tablet.