Each year many members plan to retire by March 31 in order to be eligible for the cost-of-living adjustment (COLA) in April. However, this year members should understand how their benefit may be affected by no change in the Consumer Price Index (CPI) – or if the CPI is negative. Read the Fall issue of Extra for more information.
Streaming video of Board of Retirement meetings is now available on the SDCERA web site. Watch live meetings or view archives of past meetings by clicking on the Meetings Online button on the homepage.
SDCERA will mail IRS Form 1099-R to retired members at the end of January. This form reports the total amount of income paid to you from the retirement plan during the preceding calendar year. Retired members will need this form to complete federal and state tax returns. Be sure to check your mailbox for this important document.
This web site provides disclosure of certain terms and conditions of SDCERA membership and benefits available to members. It is designed to give you this information as simply and accurately as possible. SDCERA is governed by the County Employees Retirement Law of 1937 (Government Code Section 31450 et. seq.) as it has been adopted and implemented by the San Diego County Board of Supervisors and the SDCERA Board of Retirement. If there is any inconsistency between this web site and the governing law, the law will govern. Decisions relating to the plan will be made after reference to the statutes and any resolutions, regulations and policies governing administration of SDCERA as they exist at the same time of the decisions.