It's SDCERS' 90th Birthday!

Date: Apr 07, 2021

 

On April 7, 1931, Article VIII, Section 140 was added to San Diego’s City Charter, which created the San Diego City Employees’ Retirement System (“SDCERS”). Today, 90 years later, SDCERS administers the pension benefits for three plan sponsors – the City of San Diego, the San Diego Port District, and the San Diego County Regional Airport Authority. We have nearly 7,000 active members comprising 21 different pension plan tiers and over 8,500 retired members currently receiving monthly pension benefits.
 
SDCERS is the only pension system in California to have a Board of Administration comprised of a majority of non-members – meaning our Board is set up to be as objective as possible in the pursuit of fair and prudent governance.
 
All of SDCERS’ plan sponsors make their annual payment in full every July, and our Board has a solid plan to ensure our pension system is on a steady path to becoming fully funded. We offer tons of educational materials on our website – see our “Resources” section – and every member is able to create their personal Member Portal account, where they can securely access specific information regarding their pension benefits, add and remove beneficiaries, apply for retirement, create benefit estimates, and more.
 
Please join us in wishing SDCERS a happy 90th birthday as we look back on all of our successes and growth over the years!
 




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