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SDCERS' 2022 Annual Membership Meeting Video

Date: Nov 16, 2022 Categories: Events, Investments, News Articles, Pension, Press Release, Proposition B

This year's Annual Membership Meeting took place in-person at the Balboa Park Club Ballroom on October 26th. If you missed it, you can download a copy of the presentation here.   The theme of the meeting was "A fiduciary builds the strongest trust from bricks of integrity, transparency, and customer service, which is reinforced by accountability and professionalism," which incorporates all of SDCERS’ core values. Here is a short synopsis of this year's presentations:Marcelle Voorhies Rossman, Deputy Chief Executive Officer, explained how SDCERS participated in the unwinding of Proposition B, which closed the City’s pension system to most new hires between July 20, 2012 and July 10, 2021.Carina Coleman, Chief Investment Officer, provided a summary of SDCERS' investment performance and other investment activities in fiscal year 2022.Gregg Rademacher, Chief Executive Officer, expanded on SDCERS' core values and how these values are upheld by SDCERS’ staff in the pursuit of securing all of our members’ current and future pension benefits.Cynthia Queen, Member Services Director, discussed SDCERS’ fiduciary duty to our members and the importance of communication from a member services standpoint, gave a brief overview of the Member Portal, and encouraged all members to register for their own Member Portal account.We'd like to thank the attendees at this year's meeting for being a wonderful, engaging audience. The meeting was video recorded and you can watch it here. We hope to see you all at next year's meeting! ​ Learn More...

Create Your SDCERS Member Portal Account Today!

Date: Sep 09, 2022 Categories: Member Portal, News Articles, Proposition B

If you have not already done so, please register your account on the secure SDCERS Member Portal! This message is for all SDCERS Members, but particularly for City employees affected by Proposition B, who joined the system as of July 9, 2022 and are now able to register.   Please note that non-retired members will need to know the exact amount of your last SDCERS member contribution in order to complete registration – you can find this amount on your most recent paycheck, under “Pre-Tax Deductions.” Members who are actively participating in DROP will need to know the amount of their last DROP contribution, and retired members will need to know the exact amount of their last pension payment.   Also, we recommend you use a personal email address for registration, rather than your work email address – this is because you will lose access to your work email address when you terminate employment with your plan sponsor and/or retire, but you will still need access to your Member Portal account.  Member Portal Highlights Here are the most important aspects of your Member Portal as an active Member:Update Beneficiary Designations – please do this immediately! In the event of your untimely death, SDCERS needs to know to whom you would like us to pay your applicable death benefits. You can name multiple beneficiaries, as well as primary and alternate beneficiaries, and you can add or remove beneficiaries at any time via your Member Portal account. Please review our Death Benefits Fact Sheet for more information.Reciprocity Request – if you would have been able to establish reciprocity when you were initially hired by the City, had you immediately began participating in SDCERS, you can now begin the process to establish reciprocity via your Member Portal. Once reciprocity has been accepted or denied, you will receive a letter stating the outcome – please note that the process to establish reciprocity may take several months. You can review our Reciprocity & Blended Benefits Fact Sheet for more information.Benefit Estimate Calculator – a very important tool in retirement planning, you can use this calculator to input hypothetical retirement scenarios and get an idea of what your future pension benefit might look like under different sets of circumstances. Please take a look at our Benefit Estimate Calculator Fact Sheet for guidance when generating an estimate.Monitor Your Individual SDCERS Contribution Account – if you are a Prop B employee, your SPSP-H funds were transferred to your SDCERS account several weeks ago. You can view your SDCERS contribution account via the Portal and watch it grow as you continue to add contributions and as interest accrues every July 1st.Submit Purchase of Service Credit Requests – you may be eligible to purchase certain periods of time where you were not contributing to SDCERS. You can submit a Service Purchase Request via your Member Portal and SDCERS will send you a list of all (if any) periods of time you are eligible to purchase, as well as how much each period of time costs. Please review our Purchase of Service Credit Fact Sheet for more information.Apply for Retirement – when you are within six months of being both age and service eligible to retire, you will begin the retirement process by submitting an online application in your Member Portal.If you have any questions or encounter a problem when trying to register, please contact SDCERS at (619) 525-3600, open on regular business days from 9:00 a.m. to noon and 1:00 to 4:00 p.m. Alternatively, you can send us an electronic message via our Contact Us page. Learn More...

Prop B Agreement Reached Between City and Some Labor Unions

Date: Feb 01, 2022 Categories: News Articles, Pension, Press Release, Proposition B

The MEA recently posted an article on their website announcing a tentative agreement regarding the invalidation of Proposition B (“Prop B”). You can review this article here. Yesterday, the City Council approved an agreement with the MEA and Local 127 regarding the unwinding of Prop B – you can review the materials associated with this agenda item from yesterday’s meeting, including a summary of the agreement, the draft resolution adopting the agreement, and the staff report on this resolution. The City is still in negotiations with the other relevant labor unions and will release more information once agreements are reached.   Please be advised that SDCERS was not a party to any negotiations, and we do not have any additional information about any tentative or final agreements reached other than what has already been made available to the public. That being said, if you are a Prop B employee (non-sworn City employees initially hired between July 20, 2012 and July 10, 2021) and you do end up becoming an SDCERS member, you will join the most recent plan tier according to your member classification – General, Safety Police, Safety Fire, or Safety Lifeguard. Please review your pension plan summary according to your initial hire date here, where you can see your plan tier’s current contribution rates, retirement factors, eligibility requirements, and more. Active Prop B employees will also have educational trainings assigned to them in Success Factors that must be completed.   To reiterate, SDCERS administers the City’s pension system pursuant to the relevant provisions of the City Charter and San Diego Municipal Code – it does not play a part in negotiating the pension benefits it is charged with administering. Therefore, we will be unable to answer any questions related to the outcome of any negotiations between the City and relevant labor unions regarding Prop B. Please direct any questions regarding Prop B to your respective labor union representative or to the City’s Risk Management Department, which you can contact via email at PropB@sandiego.gov. If you would prefer to ask your questions over the phone, please submit an appointment request using this form: www.sandiego.gov/risk-management/open-enrollment/appointment-request.   SDCERS will not have your name or any information about you in our system until we receive the formal transmittal from the City, which likely will not be until the beginning of September 2022 – approximately two months after you officially join the system on July 9, 2022. This is because joining the system will require a transfer from your SPSP-H account (managed by Principal), and it will take time for the City and Principal to process the requisite paperwork before the transmittal is sent to SDCERS; the transmittal is what provides SDCERS with the identities of the new members and their information. Until that time, SDCERS will not be able to answer any specific questions about your account. Please be sure to view the educational materials available via Success Factors in your SAP account, which provide all of the available information about this transition.   Learn More...

City's Pension Plan Reopened as of July 10, 2021

Date: Aug 20, 2021 Categories: News Articles, Press Release, Proposition B

The City of San Diego officially reopened its pension plan to all non-police employees hired by the City on or after July 10, 2021 - almost exactly nine years from Proposition B’s effective date. Such employees will fall into the most recent plan tier according to their member classification – General, Safety Fire, or Safety Lifeguard. Please review your pension plan summary according to hire date here. Police Safety members continue to be enrolled in a defined contribution plan while in the Police Academy and become SDCERS members once they are sworn.   However, we still do not know exactly how the trial court’s ruling will be implemented with respect to those non-sworn police officers hired by the City between July 20, 2012 and July 9, 2021, who have been participating in a 401(k)-style plan rather than the pension system. The City and relevant labor unions are in continuing negotiations. Please remember that SDCERS administers the City’s pension system pursuant to the relevant provisions of the City Charter and San Diego Municipal Code – it does not play a part in negotiating the pension benefits it is charged with administering. Please direct any questions regarding Prop B to your respective labor union representative or to the City’s Human Resources Department. Learn More...

City's Proposition B Update

Date: Apr 14, 2021 Categories: News Articles, Pension, Press Release, Proposition B

As you may know, Proposition B (“Prop B”) was the San Diego ballot initiative that went into effect July 20, 2012 and amended the City Charter to close the City’s pension system to all new hires except for sworn City police officers. This ballot measure has been in litigation since its inception. In January 2021, a San Diego state trial court issued a verbal ruling from the bench, declaring Prop B to be invalid. This verbal ruling was followed by a written statement of decision, and proponents of Prop B had until April 9, 2021 to appeal the trial court’s ruling.   No appeal was filed by the deadline, which means the trial court’s invalidation of Prop B is final. However, we still do not know exactly how the trial court’s ruling will be implemented. So, what happens next?The City and labor unions will enter into negotiations to decide how the trial court’s decision will be implemented.The City will have to take legislative action (i.e., pass a City Ordinance) to remove Prop B from the City Charter and, if applicable, the San Diego Municipal Code.Once the above actions are completed, we will have more information about enrolling City Members hired since July 20, 2012 into an SDCERS pension plan and their options moving forward. Until then, Proposition B is still in effect – meaning all new City hires (except sworn police officers) since July 20, 2012 continue to contribute to the City’s SPSP-H plan in lieu of participating in an SDCERS defined benefit pension plan.If the invalidation of Prop B affects you, SDCERS anticipates that we will contact you on an individual basis once the above actions have been completed.   NOTE: SDCERS administers the City’s pension system pursuant to the relevant provisions of the City Charter and San Diego Municipal Code – it does not play a part in negotiating the pension benefits it is charged with administering. Please direct any questions regarding Prop B to your respective labor union representative or to the City’s Human Resources Department. Learn More...

Proposition B Declared Invalid By San Diego Trial Court

Date: Jan 06, 2021 Categories: Litigation, News Articles, Pension, Proposition B

Proposition B was the San Diego ballot initiative that went into effect July 20, 2012 and amended the City Charter to close the City’s pension system to all new hires except for City police officers. This ballot measure has been in litigation since its inception. Please visit our FAQ’s for more information about the history of Proposition B.   Recently, opponents of Proposition B gained momentum in their quest to overturn the ballot measure: On January 5, 2021, a San Diego state trial court heard oral arguments in this matter and issued a verbal ruling from the bench, declaring Proposition B to be invalid. Currently, the court is drafting a written statement of its decision, which will direct the City Council to erase Proposition B's language from the City Charter. We do not know exactly how this ruling will be implemented – whether it will retroactively provide pension benefits to all City employees who were affected by Proposition B, if these employees will be compensated some other way and begin earning pension benefits prospectively, or if some other resolution will be negotiated. However, it is worth noting that if the trial court's decision is appealed within 60 days of the court’s written statement of decision, any enforcement of the decision may be stalled until the appeal is resolved.  Note: SDCERS is not a party to this litigation. SDCERS administers the City’s pension system pursuant to the relevant provisions of the City Charter and San Diego Municipal Code – it does not play a part in negotiating the pension benefits it is charged with administering. Learn More...

California Supreme Court Rules on Challenge to Proposition B

Date: Aug 02, 2018 Categories: News Articles, Pension, Press Release, Proposition B

On August 2, 2018, the California Supreme Court overruled the Court of Appeal's decision regarding Proposition B. The Supreme Court found that a violation of meet and confer labor laws occurred in connection with the passage of Proposition B and sent the case back to the Court of Appeal to address the appropriate remedy for the violation. The Supreme Court's decision does not require any immediate action by SDCERS. Although SDCERS is not a party to these legal proceedings, SDCERS will continue to monitor these legal proceedings and will update this website and its members when it receives additional information. Represented City of San Diego employees should contact their labor union for additional information and unrepresented City employees should contact City Human Resources.   Learn More...

California Supreme Court Announces They Will Review Fourth District Court of Appeal Ruling on Proposition B

Date: Jul 27, 2017 Categories: News Articles, Proposition B

On July 27, 2017, the California Supreme Court announced they have agreed to review the Fourth District Court of Appeal ruling on Proposition B.  In 2012, Proposition B closed the defined benefit retirement plan to newly hired City of San Diego employees, other than sworn police officers. City unions challenged the legality of Proposition B on the grounds the City violated unfair labor practices by failing to meet and confer over the proposition. In April 2017, the Court of Appeal found the City did not violate unfair labor practices, thereby clearing the way for the City to continue to enforce Proposition B. Today, the California Supreme Court agreed to review the Fourth District Court of Appeal’s ruling.   The outcome of the California Supreme Court’s review is uncertain. SDCERS will continue to monitor developments on the issue and work with the parties involved on the outcome of any further court proceedings.   Learn More...

Court of Appeal Upholds Proposition B Despite PERB’s Ruling

Date: Apr 11, 2017 Categories: News Articles, Proposition B

On April 11, 2017, the Court of Appeal found the California Public Employment Relations Board (PERB) erred when it concluded the City of San Diego violated unfair labor practices by declining to meet and confer over Proposition B, a citizen-sponsored initiative. By annulling the PERB’s decision, the Court of Appeal cleared the way for the City to continue to enforce Proposition B. Learn More...

Hearing Set For the City of San Diego’s Appeal of the California Employment Relations Board’s Ruling on Proposition B:

Date: Feb 08, 2017 Categories: Proposition B

On March 17, 2017 at 9:00 AM, the Fourth District Court of Appeal will hear oral argument regarding the City of San Diego’s appeal of the California Employment Relations Board’s (PERB) ruling on Proposition B.  Proposition B, approved by the City of San Diego voters in 2012, closed the defined benefit retirement plan to City employees hired on or after July 20, 2012, other than for sworn police officers. PERB ruled the City violated the law by failing to meet and confer with City unions prior to supporting Proposition B. PERB ordered the City to, among other things, meet and confer with the unions, to reimburse the unions for their costs and attorney’s fees for the unions’ anticipated legal action to overturn Proposition B, and to make the affected employees whole. The City’s appeal seeks to overturn the PERB’s ruling.SDCERS will monitor this case and work with the parties involved on the outcome of the Court’s proceedings.  Learn More...

City of San Diego Appeals Prop B Ruling by California Public Employment Relations Board

Date: Jan 27, 2016 Categories: News Articles, Proposition B

On January 25, 2016, the City of San Diego petitioned the Fourth Appellate District Court of Appeal to vacate a ruling by the Public Employment Relations Board (PERB) that would unwind Proposition B, the 2012 pension-reform initiative. Learn More...

Ruling by California Public Employment Relations Board Regarding Prop B

Date: Jan 11, 2016 Categories: News Articles, Proposition B

Proposition B, approved by the City of San Diego voters in 2012, closed the defined benefit retirement plan to City employees hired on or after July 20, 2012, other than for sworn police officers.  Four City unions filed a complaint with the California Public Employment Relations Board (PERB), contending, among other things, the City failed to meet and confer with the unions prior to supporting Proposition B, in violation of the Meyers-Milias Brown Act. Learn More...

Proposition B: Comprehensive Pension Reform (CPR) FAQ

Date: Nov 19, 2012 Categories: Proposition B

Since the passage of Proposition B – otherwise known as the Comprehensive Pension Reform Initiative (CPR) - SDCERS has received questions from City of San Diego members about how the measure affects their retirement benefits. While SDCERS’ is neither affiliated with nor involved in Proposition B, it is important for our members to understand the initiative. Learn More...

SDCERS Membership Eligibility for City Employees Initially Hired on or After July 20, 2012

Date: Oct 03, 2012 Categories: Proposition B

San Diego voter-approved ballot initiative “Comprehensive Pension Reform” (Prop B) provides that, with the exception of sworn Police Officers, City employees initially hired on or after its effective date are not eligible for membership in SDCERS. Proposition B was chaptered and became effective on July 20, 2012.     Learn More...

Information on Proposition B's Effect on Reciprocity

Date: Aug 01, 2012 Categories: Proposition B

In response to inquiries from Members regarding Proposition B's effect on reciprocity, SDCERS is posting these FAQs: Learn More...

Comprehensive Pension Reform Initiative - Prop B

Date: Apr 23, 2012 Categories: Proposition B

SDCERS is neither affiliated with nor involved in Proposition B. Below is a PDF of Proposition B for reference, and a link to a recent related "Latest News" item published on this website. Learn More...

At City's Request, Actuary Assists IBA in Preparing Cost Analysis of CPR Initiative

Date: Mar 20, 2012 Categories: Proposition B

The City’s Independent Budget Analyst requested SDCERS’ Actuary, Cheiron, to provide assistance in preparing a cost analysis of several key components of the Comprehensive Pension Reform (CPR) Initiative.  See the attached files for more details. Learn More...