Preliminary Investment Returns for the Fiscal Year Ending June 30, 2019
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Santa Barbara County Employees Retirement System (SBCERS) reported that the fund returned an estimated 8.10% on a gross basis. This resulted in a net of fees return of 7.74% for the fiscal year ending June 30, 2019. SBCERS Invested Assets at the end of the fiscal year stood at $3.17 billion, an increase of more than $202 million above the prior fiscal year end asset value.
Additional information about the funded status of the plan and the impact of this year's investment performance on future contribution rates will be available in Fall 2019 upon completion of SBCERS actuarial triennial experience review process.
Total Fund Annualized Performance as of June 30, 2019
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ELECTION NOTICE: GENERAL MEMBER, SAFETY MEMBER & SAFETY ALTERNATE MEMBER OF THE BOARD OF RETIREMENT
An election will be held September 5 – September 25, 2019, to select two members and an alternate member of the Board of Retirement of the Santa Barbara County Employees' Retirement System, a member elected by active general employees and a member and an alternate member elected by safety employees. Successful candidates will serve three-year terms beginning January 1, 2020, and ending December 31, 2022.
To view the full Election Notice,