Latest News
Looking Ahead to 2023: A Message from SBCERA’s CEO
December 28, 2022
As we reflect on this last year, I’m proud of our team for staying focused on our service to you, while strategically planning for the future.
There’s a saying that change is the only constant in life, which has proven to be true at SBCERA and in the world. Like so many, we’ve navigated our way back to as much normalcy as possible after a few years of uncharted territory. Despite this, I want to assure you that our commitment to your retirement security and to serving you has never wavered.
2022 Annual Financial Reports Available for Viewing
December 27, 2022
Our 2022 Annual Comprehensive Financial Report and condensed Popular Annual Financial Report are available to view at www.SBCERA.org/Financial-Reports
SBCERA’s Director of Human Resources and Risk Management, Stacey Barnier named the new President for the Inland Empire Society for Human Resources Management
December 15, 2022
We are very proud to share that
SBCERA’s Director of Human Resources and Risk Management, Stacey
Barnier, has been named the new President for the Inland Empire
Society for Human Resources Management (IESHRM). She will serve a
two-year term, effective January 1, 2023, through December 31,
2024
“I’m honored to have been elected to serve as the President of IESHRM,” said Stacey. “I look forward to continuing to serve our chapter and collaborating with our board to fulfil our mission. We aim to do this by offering top-notch professional development programs, supporting local students and emerging professionals through mentorship, and providing networking opportunities for our 400+ members as well as our philanthropic endeavors in support of the national SHRM Foundation.”
Chief Executive Officer, Debby Cherney Elected to CALAPRS Board
December 8, 2022
We are very proud to share that
SBCERA’s Chief Executive Officer, Debby Cherney has been elected to
serve on the California
Association of Public Retirement Systems (CALAPRS) Board for
a two-year term, effective January 1, 2023, through December 31,
2024.
“I am delighted to have been elected to serve on the CALAPRS Board,” said Debby. “With a clear mission to provide education and forums to share ideas and best practices, CALAPRS plays a critical role in supporting the management of billions of dollars for the benefit of California public employees and their beneficiaries.”
SBCERA 2022 Board of Retirement Trustee Election Results
The San Bernardino County Employees’ Retirement Association (SBCERA) is pleased to announce the 2022 Board of Retirement Trustee Election results.
2022 Board Election
Ballots are on their way. Here’s what you need to know.
Beginning the week of November 7, 2022, a ballot package for the Retired Member Trustee seat on the SBCERA Board of Retirement will be mailed by the San Bernardino County Registrar of Voters to eligible voters at your home address, and you can vote through December 6, 2022, at 5 p.m. — which is the last day and hour that ballots will be received.
A Conversation With SBCERA’s CIO – 2022 CIO Allocator Insights Webinar Series
SBCERA’s Chief Investment Officer,
Donald Pierce, will
participate in the
Chief Investment Officer (CIO) Allocator Insights Webinar
Series, on Tuesday, September 20, 2022 at 11 a.m.
Donald will discuss the decision to move out of international and emerging markets stocks and more into U.S. equities, share about allocation strategies that have added income-generating assets in a time of rising interest rates and inflation, and much more.
SBCERA’s Chief Legal Counsel, Barbara Hannah joins panel discussion for the Value Edge Global Events 2022 Public Funds Forum
On Wednesday, September 7, 2022, SBCERA’s Chief Legal Counsel, Barbara Hannah participated as a panelist for the Value Edge Global Events 2022 Public Funds Forum hosted in Laguna Beach, CA.
Comprised of seasoned women in pension law, investing, and finance, the forum covered various topics such as, legislation affecting retirement systems, divestment laws, Board governance, organizational policies regarding diversity, and litigation impacting public funds and their members.
Director of Communications & Stakeholder Relations, Olivia Applegate named 2022 Communicator of the Year
We are proud to share that SBCERA’s Director of Communications & Stakeholder Relations, Olivia Applegate, has been named 2022 Communicator of the Year by the California Association of Public Information Officials (CAPIO).
Honored for her exceptional leadership and excellence in strategic communications, Olivia has raised the bar in public communications. Her innovative approach, and forward-thinking have elevated SBCERA’s communications efforts to be one of the most active in the pension industry, setting a new standard for excellence.
SBCERA’s Communication Efforts Receive Top Statewide Honors
The San Bernardino County Employees’ Retirement Association (SBCERA) is honored to receive top statewide honors for our commitment to effective communications, one of our strategic pillars, by the California Association of Public Information Officials (CAPIO).
The CAPIO EPIC Awards program recognizes the most creative and effective efforts in the areas of communication. EPIC Awards honor work that transcends innovation and craft – work that made a lasting impact.
Life After Retirement
Member News - September 2022
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 - September 2022
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 Investment Officer, Thomas Kim named one of Institutional Investor’s 2022 Rising Stars
We are proud to share that SBCERA’s Investment Officer, Thomas Kim has been named one of Institutional Investor’s 2022 Rising Stars.
He will be honored at the 5th Annual Allocators’ Choice Awards on September 13, 2022, in New York, along with nine other rising stars from around the U.S.
Board of Retirement Notice of Election
August 8, 2022
Three seats on the SBCERA Board of Retirement will be open for election later this year. Candidacy information will be available August 15, 2022, and the candidate filing period ends on September 9, 2022.
SBCERA Reports Preliminary Net Investment Return for the 2021-22 Fiscal Year
July 28, 2022
The San Bernardino County Employees’ Retirement Association (SBCERA) announces a preliminary -0.06% net return on investments for the 12-month period that ended June 30, 2022. Assets stood at $13.4 billion at the end of the fiscal year.
In this last year, during a time of global economic stress, our long-term strategy has shown resilience. The global turbulence in the markets related to inflation concerns, rising interest rates, and supply chain fragility has been challenging for all funds, and SBCERA was no exception.
Congratulations to SBCERA’s Investment Team
We are proud to share that SBCERA’s Investment Team has been nominated for the Institutional Investor Allocators’ Choice Awards for 2022, as finalists for Team of the Year.
Life After Retirement
Member News - June 2022
These periodic electronic newsletters are designed for retirees and beneficiaries. You’ll find our latest news, highlights, and educational resources to help support your retirement planning.
Journey to Retirement
Member News - June 2022
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
April 30, 2022
We continue to have strong returns over the last 12 months, but there’s been some recent turbulence in the markets in 2022 related to inflation concerns, rising interest rates, and supply chain fragility. SBCERA earned an 8.4% return on investments for the 12-month period that ended April 30, 2022. (The 8.4% is “net of fees,” which means that we’ve already subtracted all costs associated with the investment—like management or transaction expenses.) We also strongly outperformed our policy index by a staggering +10 percentage points.
Senior Investment Officer, Amit Thanki – Appointed as SoCal Chapter Executive for CAIA
We are proud to share that SBCERA’s Senior Investment Officer, Amit Thanki has recently been appointed to the Chartered Alternative Investment Analyst (CAIA) Association Board as their Southern California Chapter Executive.