Santa Barbara County Employees' Retirement System "SBCERS"

Highlights

PENSION FUND STATUS REPORT


The SBCERS Trust has experienced a solid recovery since the 2008-2009 market declines. This is due in part to the long-term strategy of the Fund which is established by the Retirement Board. The Fund reached an all-time high value in plan assets of $ 2.39 billion in February, 2014. The attached chart illustrates the value of the SBCERS Pension Fund over the past decade. No one can guaranty future performance; although the Fund’s past 10-year track record is commendable. SBCERS is confident in the Fund’s ability to provide for member’s benefits over the long term.

140228_SBCERS Plan Asset Overview full size

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What's New Image

Statement Regarding CEO Departure

Board of Retirement Regular Meeting April 23, 2014


Retiree 2014 COLA effective
April 1st
Informational Announcement   


New Burst
Spring 2014 Transitions Newsletter,Retiree/Active Members,
New Design & Format!


Retirement Benefit Education Opportunities, Active Members
2014 Schedules


SBCERS Retirement Board Seats

The Board of Supervisors appointed Janet Wolf to a second term as an appointed Retirement Board member. Her term is effective January 1, 2014, and runs until December 31, 2016. 

In 2014 elections will be held for one general member seat and the two retiree seats (one of which is an alternate seat). Each of these elections are for terms effective January 1, 2015 and run for three years. The Board of Supervisors has a vacant seat to act upon. The current term is effective immediately and runs until December 31, 2014. The full three-year term for this seat is effective January 1, 2015.

Information Regarding Release of Retiree Records:
Legal Opinion
Accessibility of Records Policy

 

SBCERS Comprehensive Annual Financial Report ("CAFR") Fiscal Year  Ended June 30, 2013