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About SDCERA Board of Retirement Investments Finance News & Media
Next Board of Retirement Meeting

The next meeting of the SDCERA Board of Retirement will be held at 9:00 am on Thursday, February 21, 2019. Click here for more details.

Thinking About Retirement?

Attend a retirement seminar, calculate your benefit, apply for retirement or contact SDCERA's Member Service Center at 888.4.SDCERA.

Retiree Health Insurance Program

For information about SDCERA's Retiree Health Insurance Program CLICK HERE.

IMPORTANT January 2019 Retiree Payroll Update

On January 31, SDCERA directly deposited January 2019 retirement benefit payments in retired Members' accounts. However, because of a printing error by ADP (SDCERA's payroll processing vendor), there may be a delay in retired Members receiving their January earnings statements. SDCERA will mail all retired Members an additional January 2019 Earning Statement.

The same printing error also delayed the mailing of some paper checks to retired Members who receive their monthly benefit payment via paper check. SDCERA will contact these retired Members to follow-up on the situation and make sure they receive their check as soon as possible.

If you have any questions about the payment of your January 2019 retirement benefit, contact the Member Service Center at 619-515-6800.

Form 1099-R is in the Mail!

On January 18, Form 1099-R was mailed to all SDCERA retired Members who received payments in calendar year 2018. Form 1099-R reports total income and taxes withheld during the previous year. If you received money from SDCERA in calendar year 2018 but don't receive a Form 1099-R by mid-February, please contact SDCERA's Member Service Center at 619-515-6800.

Running the Numbers: SDCERA's Retirement Benefit Calculator

Wondering what your SDCERA retirement benefit will be? Fire up the Retirement Benefit Calculator to see how your age, service credit and final average compensation combine to calculate your retirement benefit.

Your age factor is determined by your age at retirement. Service credit is the time you have been an SDCERA Member. Final average compensation is based on either your highest one year of earnings (Tier I and Tier A) or your highest three years of earnings (Tier B, Tier C, and Tier D).

Changing any of these factors will affect your benefit. Plug a few scenarios into the calculator and discover how your retirement date can change your benefit.

Are your Beneficiary Designations Current?

Make sure your SDCERA beneficiary designations are up-to-date because your beneficiary(ies) are entitled to receive certain SDCERA benefits upon your death. If you've married, divorced, or had children, update your beneficiary information by completing a Beneficiary Designation form and submit it to SDCERA. Have questions or need assistance? Contact SDCERA's Member Service Center at 619-515-6800.

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