The San Diego City Employees’ Retirement System (SDCERS) Board of Administration today unanimously re-elected Edward Kitrosser as Board president. Kitrosser was appointed to the Board of Administration in April 2009 by Mayor Jerry Sanders and was reappointed to serve a second four-year term in July 2013. His second, one-year term as Board president is effective immediately and will expire on May 9, 2015.
“Ed is an outstanding leader and has been an invaluable addition to our Board,” stated system CEO Mark Hovey. “I’m excited that he’s agreed to serve another term as Board President.”
Kitrosser is a retired CPA with more than 40 years of experience in accounting, auditing, tax and consulting services. He was an audit partner and a managing partner for Moss Adams, LLP, an accounting and consulting firm specializing in accounting and tax services for public, private and non-profit enterprises until he retired in December 2009. Kitrosser received a Bachelor’s degree in Business Administration in Accounting from the Bernard M. Baruch School of Business and Public Administration in New York.
Kitrosser is an unpaid, citizen volunteer and serves as a member of the Board’s Disability, Business and Governance, Investment and Audit committees.
SDCERS administers defined benefit plans for the City of San Diego, the San Diego Unified Port District, and the San Diego County Regional Airport Authority and provides service retirement, disability retirement, death and survivor benefits to more than 20,000 members. As of June 30, 2013, SDCERS had $6 billion in net investments – the highest level in system history.
For more information about the Board of Administration and its members, click here.