Status of 13th Check and Corbett Payment

Date: Sep 24, 2008


Each year, SDCERS' accounting staff prepares the detailed calculations to determine the 13th check and Corbett payment amounts in October, and forwards this information to the City Comptroller for review. Following that review, staff submits the payment authorization to the SDCERS Board for approval in November. After the review, SDCERS is able to communicate if payments can be made.

SDCERS staff is currently in the process of preparing final year-end financial statements, which must be completed prior to the 13th Check and Corbett calculations. Upon SDCERS' Board approval, the 13th Check and Corbett payments would be made at the end of November. SDCERS will keep you updated on this web site on the progress of both of these supplemental benefits.

Document Under Categories: Annual Supplemental Benefit & Corbett