The Board of Retirement approved the Supplemental Benefit Allowance (SBA) effective July 1, 2007, for General and Safety, Tier A members. As a Tier A member you are eligible for the SBA as long as you had (or will have) at least 10 years of SDCERA service credit when you retire. If you are not sure of your tier please contact the SDCERA Call Center for clarification.
The SBA is not a vested SDCERA benefit and is not guaranteed. The allowance may be reduced or discontinued at any time.
The SBA is a taxable dollar amount that you will receive, in addition to your monthly retirement benefit, and can be used however you choose. See the chart below to determine your eligibility and monthly allowance amount. Effective January 1, 2011, the amount of the SBA was reduced. The Board of Retirement decided to reduce the amount in order to provide payments for a longer period of time.
For detailed information, click the Supplemental Benefit Allowance fact sheet in the Links column.