Objectives and Goals

Consistent with our Mission, the goal of SDCERS’ investment program is to generate adequate long-term returns that, when combined with employer and employee contributions, will result in sufficient assets to pay the present and future benefit obligations of SDCERS. SDCERS invests all contributions utilizing a long-term investment strategy that consists of a diverse mix of equities, fixed income, real estate and private equity.

Investment Policy Statement

The Investment Policy Statement (IPS) encompasses the investment goals, asset allocation strategy, performance objectives and policies of the SDCERS Trust Fund. The IPS serves as a tool for the Board of Administration, the Investment Committee and staff to effectively supervise and monitor SDCERS' investment program.

Investment Policy Statement