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San Mateo County Employees' Retirement Association
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Are you getting ready to retire?
There are some important things inactive members should know about retirement

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Learn more about your COLA
Get this year's cost-of-living adjustment (COLA), plus find out how COLA is calculated

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Get an accurate retirement benefits estimate
Login to MySamCERA for the most accurate look at your future pension

Announcement

Notice of Special Election
SamCERA Probation members have an opportunity to elect the Alternate Safety Member seat on the SamCERA Board of Retirement, which is currently vacant. Read the Notice of Special Election for important dates and additional information.

SAN MATEO COUNTY EMPLOYEES’ RETIREMENT ASSOCIATION
(SamCERA)

NOTICE OF SPECIAL ELECTION
TO ELECT A SAFETY ALTERNATE TO THE BOARD OF RETIREMENT

Notice is hereby given that one PROBATION MEMBER is to be elected to fill the unexpired term for the Alternate Safety Member seat on SamCERA’s Board of Retirement at a special election to be held on September 6, 2022. 

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2022-23 Contribution Rates
SamCERA has updated its contribution rates for members and employers, effective July 2022.

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Board of Retirement News
Learn about the 2022 SamCERA Board of Retirement election results, and other recent Board of Retirement updates.

2022 SamCERA Board of Retirement Election Results

The nomination period for the 2022 Board of Retirement election closed on May 2, 2022, at 5:00 p.m. Al David and Nicole McKay ran unopposed and were deemed elected to the Board, while Alma Salas was elected to the Retired Member Seat at the Monday, June 13, 2022 election. 

Announcement

An important update is available for the MySamCERA mobile app
We just released a new update for the MySamCERA mobile app, and it is available in the Apple Store and Google Play Store now.

The MySamCERA mobile app makes it easier for you to manage your pension account than ever before!

Existing Users: To continue using the app, you’ll need to download and install the latest version available in the Apple App Store and Google Play Store.

New Users: The new login and registration process is simple with an account registration wizard that will have you up and running in minutes. If you already have a MySamCERA login, your current credentials will work on the app, too. Download the app today to streamline your pension management and put your retirement details at your fingertips anywhere, anytime.

Apple App Store 

Google Play Store 

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Performance Pulse – December 2021
Read the December 2021 issue of the Performance Pulse, a semi-annual summary of SamCERA’s investment performance.

Announcement

The New MySamCERA Mobile App is here! What you need to know and how to get started
Available for iPhone and Android

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Announcement

Road to Retirement
Start planning for your retirement today with this video presentation from SamCERA's Retirement Benefits team, normally part of the Road to Retirement Seminar.

Road to Retirement
Announcement

COLA Increase for 2022
At its January 25, 2022 meeting, the Board of Retirement approved a cost-of-living adjustment (COLA) for most retirees and beneficiaries that will begin with the April 2022 benefit payment.

At its January 25, 2022 meeting, the Board of Retirement approved a cost-of-living adjustment (COLA) for retirees and beneficiaries in accordance with each plan as shown on the chart below:

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Compensation Limits for 2022
Learn about updated compensation limits in 2022 for Plan 7 members, and the 2022 IRS compensation limit for members hired after July 1, 1996.

Compensation limits do not limit the salary your employer can pay, but rather limits the amount of compensation SamCERA can take into account when determining your contributions and calculating your monthly pension benefit under your retirement plan. See below for new compensation limits in 2022 based on your plan and membership with SamCERA.

Announcement

2022 Service Purchase Schedule
There are two separate periods of time during 2022 to make service purchases.

Depending on your circumstances, you may be eligible to purchase service credit that can count toward your total years of service and may increase your retirement benefit.

Purchase Request forms may be submitted for the purchase of Extra Help time, Plan 3 and Plan 5 service upgrades, certain military leave, unpaid sick leave, and parental leave. Returning SamCERA members can also make a Purchase Request for a redeposit of withdrawn funds.

Announcement

Manage your pension with MySamCERA
Learn how to register for the MySamCERA member portal and start managing your pension from the comfort of your home

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MySamCERA is a secure, members-only portal for retirement benefits information, available online at: mysamcera.org.

Active and Deferred members can perform retirement benefit estimates, get member statements, check beneficiary information—and more. Retirees can print 1099s, print benefit statements, view deductions and change withholdings, and generate Pension Income Verifications. 

Announcement

Read more about active member benefits

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Take a financial planning class!

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Calculate Your Retirement

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Retirement Board Agenda

Until further notice, in accordance with the Government Code §§ 54953 and 54954, as amended by AB 361 (2021), all Board of Retirement meetings will be held remotely via Zoom video conference and teleconference. Learn more on the Board Meetings page.

Agenda and Agenda Packet

The Board of Retirement meets regularly at 10:00 a.m. on the fourth Tuesday of every month. The schedule of Board meetings is available here. 

Upcoming Dates

Event

Creating and Managing Wills and Trusts

Course Information

Location: Online Webcast

Participants will gain a better understanding of the importance of wills and trusts in estate planning, focusing on understanding probate and estate taxation in order to set up and manage trusts more effectively.

Course materials and instructions will be emailed to all registered members 1-2 days before the date of the class.

Highlights: 

Board Meeting

2022 August Board Meeting

Board meeting materials will be available on the Wednesday prior to Board Meeting Day.

Event

Money Management

Course Information

Location: Online Webcast

Participants will learn how to make better spending decisions, get out of debt, build and maintain a good credit record and stay on track with their financial goals.

Course materials and instructions will be emailed to all registered members 1-2 days before the date of the class.

Highlights:

Event

August Retiree Payday

Event

Labor Day – Office Closed

Event

Successful Retirement Living

Course Information

Location: Online Webcast

Participants will be able to plan for a successful transition from work life into a comfortable and secure retirement.

Course materials and instructions will be emailed to all registered members 1-2 days before the date of the class.

Highlights:

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