2021

SDCERS Receives the 2021 Public Pension Standards Award for Funding and Administration

Date: Oct 12, 2021 Categories: News Articles, Press Release

For the fourth year in a row, SDCERS has been awarded the Public Pension Standards Award for Funding and Administration. The Public Pension Coordinating Council grants this award, which recognizes SDCERS for meeting professional standards for plan funding and administration as set forth in the Public Pension Standards.​Recognition Award for Administration SDCERS received the Recognition Award for Administration due to its adherence to the five essential administrative categories:Comprehensive Benefit ProgramActuarialAuditInvestmentsCommunicationsSee the full article for more information. Learn More...

Upcoming Election for Active General Board Member Seat

Date: Oct 08, 2021 Categories: Board, News Articles, Press Release

You may recall SDCERS held elections earlier this year to fill the two active General Member seats on our Board of Administration, and the winners of that election were Bret A. Bartolotta and Sarah Mayen. Unfortunately for SDCERS, Sarah Mayen recently left active City service, which means she can no longer serve on SDCERS’ Board as a representative for active General Members. Therefore, SDCERS is holding another election to fill her vacated seat on the Board. The winner of this election will serve the remainder of her four-year term, ending March 31, 2025.   The nominations process for this election has begun. All active City General Members are eligible to run for this seat and have been mailed a letter, which contains a unique validation number and instructions explaining how to self-nominate and/or sign a nominee’s petition. Please retain this letter, as you will need your unique validation number in order to submit a nomination or sign an existing nominee's petition.  If you are an active City General Member interested in serving on SDCERS Board, please be sure to self-nominate by October 29, 2021; all other active City General Members, please be sure to sign the nomination petition(s) of any candidate(s) you support!   If you are an active City General Member and have not received your nominations letter by October 14, 2021; if you lost your letter; or if you have any questions about the nomination process, please email SDCERShelp@electionservicescorp.com or call 1-866-720-4357, Monday – Friday, 6:00 a.m. – 2:00 p.m. PST. All nominations and signatures must be submitted by 5:00 p.m. PST on October 29, 2021. At that time, if there is only one nominee with at least 10 petition signatures (the minimum requirement to move forward), an election will not be necessary. If there are competing nominations, then we will proceed with the election and all active General Members will receive a letter with further instructions.  Learn More...

SDCERS Receives Certificate of Achievement for Excellence in Financial Reporting for 13th Consecutive Year

The Government Financial Officers Association (“GFOA”) has awarded SDCERS the Certificate of Achievement for Excellence in Financial Reporting for SDCERS’ 2020 Comprehensive Annual Financial Report (“CAFR”) and Popular Annual Financial Report (“PAFR”). This is the 13th year in a row SDCERS has received this recognition! The GFOA is a non-profit professional association serving approximately 15,000 government finance professionals. SDCERS’ CAFR and PAFR were judged by an impartial panel and deemed to have met the high standards of the certificate program, including demonstrating an effective means to disclose and clearly communicate SDCERS’ financial story and to motivate Members and the public to read the CAFR and PAFR.  This award is the highest form of recognition in the area of government accounting and financial reporting. It represents a significant accomplishment by a governmental agency and its management. Learn More...

SDCERS' Final Investment Return for FY 2021

Date: Sep 10, 2021 Categories: Investments, News Articles, Press Release

At today's Board meeting, SDCERS’ Investments Team reported a final return of 24.9% (net of fees) for Fiscal Year 2021. As of June 30, 2021, the trust fund’s assets totaled just over $10 billion – the highest level SDCERS has seen in its history! The end of fiscal year total reflects a net increase of about $2.0 billion since June 30, 2020. SDCERS’ average rate of return over the past 20 years is 7.8%, and since its inception is 9.1%.   There are a few ways to measure an investment portfolio’s performance. One way we measure our performance is by comparing our actual rate of return to the actuarial rate of return, which is the expected earnings rate determined by SDCERS’ actuary and used to calculate things like contribution rates. We are happy to report that our 24.9% return is vastly greater than our actuarial rate of return of 6.5%, which indicates SDCERS is maintaining its long-term investment strategy to ensure the continued payment of promised pension benefits to its members.   Another way to measure performance is by comparing our returns to a policy benchmark, which is how the total fund would perform if it was completely invested in index funds for each of the assets classes it was invested in. This fiscal year SDCERS outperformed its benchmark which had a 24.4%  return.   Performance can also be measured in comparison to other public pension plans, although it is important to remember that plans have very different sizes, circumstances, and funding statuses which impacts their asset allocations and in turn their return targets. Over longer time periods, SDCERS stacks up very well with its peers – over the past 20 years, SDCERS experienced higher returns than 93% of the 192 other plans in our peer group.   Learn More...

September 2021 Remote Board & Committee Meetings

Date: Sep 03, 2021 Categories: Board, News Articles, Press Release

SDCERS will be holding its regularly scheduled September Board and Committee meetings. All meetings will continue to be held remotely for the foreseeable future. This means the Board meeting room will be closed to the public and only SDCERS staff whose presence is necessary to run the meeting will be onsite.   Although the public will be unable to physically attend these meetings, we have made the meetings available for the public to attend remotely. To attend the Disability and/or Investment Committee meetings, please click the corresponding link below prior to the start time of the meeting. You will have to download the Zoom application in order to attend.  September 9th, 9:00 a.m. PST Disability Committee meeting Zoom link: https://us06web.zoom.us/j/81093536376  September 9th, 12:30 p.m. PST Investment Committee meeting Zoom link: https://us06web.zoom.us/j/84473252803   Once you are in the meeting, you can click the “View Options” bar at the top of the screen and then “Side-by-side mode” in order to see both the presenter’s screen and the webcams of Committee members and panelists.   SDCERS will be live streaming the entirety of the Business & Governance Committee meeting on September 9th at 9:15 a.m. PST, and the Board meeting on September 10th at 8:30 a.m. PST. To access the live stream for either meeting, go to our Board Meeting Agendas page before the meeting starts and click on the “Agenda” link corresponding to the meeting you wish to attend. This will open a new tab with the agenda for that meeting, which includes an embedded video player that will automatically begin the live stream once the meeting starts. Video recordings of the meetings will also be available on this same page the week following the meeting, as well as on our YouTube page.   Please note that members of the public will not be able to speak during these meetings. If you would like to participate in either meeting, please use our Contact Us page to submit public comment in advance of the meeting and identify to which meeting your comment is directed. We will be accepting public comments for each meeting up to an hour before the meeting begins. Any appropriate messages timely received will be read aloud for the record and/or distributed to the Committee members or Board of Administration at the corresponding meeting.   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...

Summer 2021 SCOOP Newsletter & FY 2021 Annual Member Statements

Date: Aug 18, 2021 Categories: News Articles, Press Release

This year’s Summer SCOOP Newsletter has arrived and should hit mailboxes within the next week or so! For members who have not yet retired or entered DROP (including inactive and deferred vested members), a copy of the newsletter will be included in the envelope with your FY2021 Annual Member Statement. You can also view an electronic version of current and past issues on our website, here. The purpose of our newsletter is to keep you informed about what is currently happening here at SDCERS. We think this is important now more than ever, since we have not been able to see or talk to our members face to face in a very long time. If you’d like to receive an electronic copy of future SCOOP issues in advance of the mailed copy, you can sign up here.   Along with the Summer Newsletter, SDCERS members who have not retired or entered DROP should be receiving their Annual Member Statement in the mail over the next several days. This statement contains detailed account information for the fiscal year ending June 30, 2021, which means the information is current as of July 1, 2021. The purpose of this Annual Member Statement is (1) to ensure that your beneficiary designations are correct, and (2) to keep you up-to-date regarding the details of your SDCERS retirement account.   A video detailing the contents of your statement is available here.  Please review the information on your statement carefully. If you have questions about the Personal Information listed, please contact your Payroll Specialist or update your information in SAP (or contact your Human Resources office if you are a Port or Airport member).  Contact SDCERS if you have questions or need to update the Member and Contribution Information or Beneficiary Information, or if you believe there is an error in your statement.   If you have questions about your Annual Member Statement, please contact your Payroll Specialist or call the SDCERS Call Center at 619-525-3600, open Monday-Friday from 9:00 a.m. to noon and 1:00 to 4:00 p.m. (PST). And remember, your most up-to-date account information is always available on the SDCERS Member Portal.   Learn More...

SDCERS' Board Welcomes Two New Audit Committee Members

Date: Aug 05, 2021 Categories: Board, News Articles, Press Release

At its March 2021 meeting, SDCERS’ Board of Administration appointed two new Independent Non-Board Members to its Audit Committee: Mia Harenski and Gary McCormick. (Click here for more background information about these appointments and SDCERS’ Audit Committee Members.)   Mia Harenski is a partner at Considine & Considine, CPA. She is originally from the Central Valley and, after attending college in San Diego, she decided to call it her permanent home. Mia serves on several community boards and committees, as well as being an active volunteer for her sons’ schools and various sports-related activities.   Gary McCormick has more than 30 years of public accounting experience and currently works as an audit partner at BDO, an accounting firm that provides tax and financial advisory services to clients all around the world. Gary previously served as the partner in charge of the audits of the City of San Diego, the County of San Diego, and the San Diego Port District – so he already has experience and insight related to two of SDCERS’ plan sponsors!   On behalf of SDCERS’ Board and staff, we are thrilled to welcome Mia and Gary to our Audit Committee. Their background and expertise in auditing and accounting will only increase SDCERS’ accountability and professionalism, two of our Board’s core values. Learn More...

New Member Contribution Rates for FY2022

Date: Jul 01, 2021 Categories: Contribution Rates, News Articles, Press Release

IMPORTANT: These changes only apply to (1) City of San Diego members and (2) Port and Airport members who were hired on or after January 1, 2013.   Member contributions are the mandatory pre-tax deductions on a member’s biweekly paycheck that are deposited into the SDCERS Trust Fund, where they earn interest and ultimately fund each member’s individual pension benefit. Contributions are calculated as a percentage of the member’s pensionable salary on each paycheck. The percentage is determined according to the member’s plan tier and age of entry into SDCERS. Contribution rates are adjusted by SDCERS’ Board, as recommended by SDCERS’ actuary, based on requirements in the City of San Diego Charter and the Public Employees’ Pension Reform Act of 2013.    At its March 12, 2021 meeting, SDCERS’ Board of Administration approved new member contribution rates, which will go into effect on July 1, 2021 for all City of San Diego members and all Port and Airport members hired on or after January 1, 2013. If you fall into one of these membership categories, you can view your new contribution rates by going to “Retirement Plan Summaries” and clicking on your employer and date range corresponding to your initial hire date. Most members will experience slightly increased contribution rates – this is due to changes in certain actuarial assumptions.   According to the most recent annual valuation, mortality assumptions are changing such that people are generally living to an older age. On top of that, future improvements to those mortality assumptions (generational mortality improvements) were considered. For example, a 65-year-old today will have a different mortality estimate than that of a 65-year-old 20 years from now. Both of these new assumptions increase the cost to the system, since the new assumptions indicate that SDCERS will be paying out individual pension benefits over a longer timeframe than original estimates suggested. Therefore, members and their plan sponsors must contribute more while they are working in order to keep the system properly funded, given the added cost due to these new assumptions. The new contribution rates will be reflected in City of San Diego members’ paychecks for pay period ending July 9, 2021, and Port and Airport members’ paychecks for pay period ending July 1, 2021.   Learn More...

Fiscal Year 2022 City Retiree Health Open Enrollment

Date: May 24, 2021 Categories: Events, Health, News Articles, Press Release, Retirement Resources

Health open enrollment for City of San Diego retirees will run from June 1st through June 30th. As of May 24th, the fiscal year 2022 City retiree health booklets were mailed out to all eligible City retirees and beneficiaries. An electronic version of the booklet is available here, and the health plan comparison chart here. You can also download and complete enrollment forms by visiting the City Retiree Health page. After you’ve completed an enrollment (or disenrollment) form, you must send it to SDCERS by June 30th – we prefer you scan your forms and email them as a PDF attachment to health@sdcers.org, but you may also fax them to (858) 581-5314 or mail them to our offices at:   SDCERS – Health Division 401 West A Street, Suite 400 San Diego, CA 92101   As always, if you do not wish to make any changes to your current healthcare coverage, you do not need to take any action during open enrollment and your coverage will remain the same. There are no new plans this year and no significant changes to existing plans in terms of coverage.   Due to the continuing ban on public gatherings, this year’s open enrollment will similar to last year’s: SDCERS will not be holding in-person open enrollment events, such as the annual Open Enrollment Kickoff or Help Day. Instead, SDCERS participated in a virtual health fair hosted by SDPEBA (San Diego Public Employee Benefit Association), which was held on June 2nd.   Additionally, plan providers once again recorded the presentations they would have given at SDCERS’ live open enrollment events. You can access their videos via this page on our website.   If you are comparing different plans and trying to decide which is best for you, don’t forget about CareCounsel! CareCounsel Member Care Specialists are available for your healthcare inquiries and concerns. You can call them at (888) 227-3334 or e-mail staff@carecounsel.com Monday – Friday, 6:30 a.m. to 5:00 p.m. PST. CareCounsel also provides helpful videos on their website that may answer your questions about Medicare, here: https://carecounsel.com/medicare.html.   SDCERS’ Call Center is open Monday through Friday, from 9 a.m. to noon, and 1 p.m. to 4 p.m., at (619) 525-3600 and (800) 774-4977. Please be patient with our hard-working staff; we are working with limited resources and call wait times may be longer than usual due to an expected increase in health-related calls. Learn More...

Cost of Living Adjustment (“COLA”) for Fiscal Year 2022

Date: May 14, 2021 Categories: Board, COLA, News Articles, Press Release

At its May 14, 2021 meeting, SDCERS’ Board of Administration approved the Cost of Living Adjustment (“COLA”) that will be applied to eligible SDCERS retirees’ (including active DROP participants) monthly pension benefit amount from July 1, 2021 – June 30, 2022. You will receive a COLA for Fiscal Year 2022 if your retirement or DROP entry date is on or before June 30, 2021.   Per San Diego Municipal Code section 24.1505 and section 1301 of the Port and Airport Plans, the COLA is calculated every year based on the change in the cost of living between the two previous Decembers, as published by the Bureau of Labor Statistics Consumer Price Index (“CPI”), United States – All items. However, the maximum allowable increase in any given year is 2.0%.   In years where the COLA is greater than the maximum 2.0% (such as last year), the amount over 2% is added to what is called a “COLA bank.” A retiree’s COLA bank accumulates based on their fiscal year of retirement (or DROP entry), and each annual retiree group has its own COLA bank. In years that the CPI’s published COLA is less than 2%, each retiree group’s COLA bank may be able to increase the actual COLA received by the retiree up to a maximum of 2%, if that retiree group’s COLA bank has accrued enough funds from years where the published COLA was greater than 2%.   According to the CPI, the change in cost of living between December 31, 2019 and December 31, 2020 was 1.362%. Due to the fact that this year’s COLA is less than 2%, different COLAs were approved for different retiree groups, depending on the member’s retirement (or DROP entry) date and COLA bank. (Please open the full article to review the different COLAs.)   If you are eligible to receive a Fiscal Year 2022 COLA, the applicable increase will be reflected in your July 2021 pension payment.   Learn More...

May Remote Board & Committee Meetings

Date: May 07, 2021 Categories: Board, News Articles, Press Release

SDCERS will be holding its regularly scheduled May Board and Committee meetings. All meetings will continue to be held remotely for the foreseeable future. This means the Board meeting room will be closed to the public and only SDCERS staff whose presence is necessary to run the meeting will be onsite.   Although the public will be unable to physically attend these meetings, we have made the meetings available for the public to attend remotely. To attend the Disability and/or Investment Committee meetings, please click the corresponding link below prior to the start time of the meeting. You will have to download the Zoom application in order to attend.  May 13th, 9:00 a.m. PST Disability Committee meeting Zoom link:https://zoom.us/j/96187724114  May 13th, 12:30 p.m. PST Investment Committee meeting Zoom link:https://zoom.us/j/98739346808   Once you are in the meeting, you can click the “View Options” bar at the top of the screen and then “Side-by-side mode” in order to see both the presenter’s screen and the webcams of Committee members and panelists.   SDCERS will be live streaming the entirety of the Business & Governance Committee meeting on May 13th at 9:15 a.m., and the Board meeting on May 14th at 8:30 a.m. To access the live stream for either meeting, go to our Board Meeting Agendas page before the meeting starts and click on the “Agenda” link corresponding to the meeting you wish to attend. This will open a new tab with the agenda for that meeting, which includes an embedded video player that will automatically begin the live stream once the meeting starts. Video recordings of the meetings will also be available on this same page the week following the meeting, as well as on our YouTube page.   Please note that members of the public will not be able to speak during these meetings. If you would like to participate in either meeting, please use our Contact Us page to submit public comment in advance of the meeting and identify to which meeting your comment is directed. We will be accepting public comments for each meeting up to an hour before the meeting begins. Any appropriate messages timely received will be read aloud for the record and/or distributed to the Committee members or Board of Administration at the corresponding meeting.   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...

It's SDCERS' 90th Birthday!

Date: Apr 07, 2021 Categories: Board, News Articles, Press Release

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!   Learn More...

Results of Board Member Elections

Date: Mar 12, 2021 Categories: Board, News Articles, Press Release

As of 5:00 p.m. (PST) on February 11th, voting concluded in the elections for SDCERS' two active General Board Member seats and one active Fire Safety Board Member seat. All active General Members (City, Port, and Airport) were eligible to vote in the General Board Member elections, while active City Fire and Lifeguard Members were eligible to vote for one of the Fire Safety Board Member candidates. Thank you to all who participated in these elections!   The candidates who received the majority of votes for the General Board Member seats are Bret A. Bartolotta and Sarah Mayen.   The candidate who received the majority of votes for the Fire Safety Board Member seat is Paul Lotze.   The current Board of Administration certified the election results today, at its March 12, 2021 meeting. Congratulations to our newly elected Board Members and thank you in advance for your service on SDCERS’ Board of Administration! The new Board Members will attend their first SDCERS Board meeting on May 14, 2021.   Learn More...

March Remote Board & Committee Meetings

Date: Mar 05, 2021 Categories: Board, News Articles, Press Release

SDCERS will be holding its regularly scheduled March Board and Committee meetings. All meetings will continue to be held remotely for the foreseeable future. This means the Board meeting room will be closed to the public and only SDCERS staff whose presence is necessary to run the meeting will be onsite.   Although the public will be unable to physically attend these meetings, we have made the meetings available for the public to attend remotely. To attend the Disability and/or Investment Committee meetings, please click the corresponding link below prior to the start time of the meeting. You will have to download the Zoom application in order to attend.  March 11th, 9:00 a.m. PST Disability Committee meeting Zoom link: https://zoom.us/j/91595143776  March 11th, 12:30 p.m. PST Investment Committee meeting Zoom link:https://zoom.us/j/94550286076   Once you are in the meeting, you can click the “View Options” bar at the top of the screen and then “Side-by-side mode” in order to see both the presenter’s screen and the webcams of Committee members and panelists.   SDCERS will be live streaming the entirety of the Business & Governance Committee meeting on March 11th at 9:15 a.m., and the Board meeting on March 12th at 8:30 a.m. To access the live stream for either meeting, go to our Board Meeting Agendas page before the meeting starts and click on the “Agenda” link corresponding to the meeting you wish to attend. This will open a new tab with the agenda for that meeting, which includes an embedded video player that will automatically begin the live stream once the meeting starts. Video recordings of the meetings will also be available on this same page the week following the meeting, as well as on our YouTube page.   Please note that members of the public will not be able to speak during these meetings. If you would like to participate in either meeting, please use our Contact Us page to submit public comment in advance of the meeting and identify to which meeting your comment is directed. We will be accepting public comments for each meeting up to an hour before the meeting begins. Any appropriate messages timely received will be read aloud for the record and/or distributed to the Committee members or Board of Administration at the corresponding meeting.   Learn More...

Voting is Now CLOSED for Board Member Elections

Date: Feb 12, 2021 Categories: Board, Events, News Articles, Press Release

Elections have ended for SDCERS' two active General Board Member seats and one active Fire Safety Board Member seat.  The candidates for the two General Board Member seats are: 1) Bret A. Bartolotta 2) Thomas Battaglia 3) Sarah Mayen 4) Tammy L. Williams The candidates for the Fire Safety Board Member seat are: 1) Paul Lotze 2) Tim Robles The election results will be publicly announced and certifed by SDCERS' Board of Administration during its meeting on March 12, 2021. Learn More...

2020 1099-R Forms

Date: Feb 03, 2021 Categories: 1099R, Member Portal

IRS Form 1099-R’s were mailed on January 15th. All SDCERS retirees and beneficiaries who received a payment from SDCERS in 2020 should have received their 2020 1099-R forms via U.S. mail by now. You can also access your tax forms online by logging into your Member Portal account, clicking on “Tax Reporting” on the left, and selecting “2020 1099R,”  which will allow you to download an electronic copy. You can also update your tax withholding preferences on your Member Portal by clicking on “Tax Withholding.” This guide explains how to update your tax withholding preferences.   For a detailed explanation of the pertinent information in your 1099-R, as well as answers to frequently asked questions regarding this tax form, please review our 1099-R Fact Sheet. If you have additional questions, please contact the Call Center at (619) 525-3600 or submit your questions electronically via our Contact Us web form.   Learn More...

Voting is Now Open for Board Member Elections

Date: Jan 28, 2021 Categories: Board, Events, News Articles, Press Release

Elections have begun for SDCERS' two active General Board Member seats and one active Fire Safety Board Member seat. All active General Members (City, Port, and Airport) are eligible to vote for up to two candidates who will represent them on SDCERS' Board for the next four years, starting in May 2021. All active City Fire and Lifeguard Members are eligible to vote for one of the Fire Safety Board Member candidates.   If you are in any of the above-mentioned membership classifications, a letter was mailed to you on January 25th. Each letter explains the voting process, lists information about the candidates, and contains a unique validation number. Please retain this letter, as you will need your unique validation number in order to cast your vote. You should expect to receive this letter within the next few days – if you have not received a letter by February 2nd, or if you received the letter but no longer have access to it, please contact the elections help line at 1-866-720-4357, Monday – Friday, between 6:00 a.m. and 2:00 p.m. PST. You can also email SDCERShelp@electionservicescorp.com. The candidates for the two General Board Member seats are: 1) Bret A. Bartolotta 2) Thomas Battaglia 3) Sarah Mayen 4) Tammy L. Williams The candidates for the Fire Safety Board Member seat are: 1) Paul Lotze 2) Tim Robles Votes may be cast by phone or online – specific information about the voting process is contained in your letter. All votes must be submitted by 5:00 p.m. PST on February 11, 2021. Learn More...

2020 1099-R Forms

Date: Jan 15, 2021 Categories: 1099R, Member Portal

IRS Form 1099-R’s were mailed on January 15th. This means all SDCERS retirees and beneficiaries who received a payment from SDCERS in 2020 should be receiving their 2020 1099-R forms via U.S. mail over the next couple of weeks. To access your 1099-R form sooner, please log in to your Member Portal account, click on “Tax Reporting” on the left, and select “2020 1099R” to download an electronic copy. You can also update your tax withholding preferences on your Member Portal by clicking on “Tax Withholding.” This guide explains how to update your tax withholding preferences.   For a detailed explanation of the pertinent information in your 1099-R, as well as answers to frequently asked questions regarding this tax form, please review our 1099-R Fact Sheet. If you have additional questions, please contact the Call Center at (619) 525-3600 or submit your questions electronically via our Contact Us web form.   Learn More...

SDCERS' IT Department Receives 2020 MISAC Quality IT Practices Award

Date: Jan 08, 2021 Categories: News Articles, Press Release

SDCERS is proud to announce it has received the Municipal Information System Association of California (MISAC) Quality Information Technology Practices Award for the third year in a row. MISAC is a collaborative organization of California local government IT professionals with the goal of promoting leadership, information sharing, and access to resources to enhance local government services and effectiveness. Membership includes cities, towns, public safety, special districts, and other local governmental agencies/districts.  MISAC's Quality IT Practices program is meant to document and acknowledgement MISAC agencies that are following IT best practices. Applicants are required to submit a detailed questionnaire and supporting material. Agency’s strengths are benchmarked to System Administration, Audit, Network, and Security (SANS) Institute standards. The SANS Institute is a cooperative research and education organization of security practitioners from varied worldwide organizations, corporations, and universities working together to help the global information security community.   Receiving MISAC Quality IT Practices Award is an honor and tribute to the dedication and performance of SDCERS’ IT staff and contractors. 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...