What retirement benefits does SamCERA offer?
SamCERA is a “defined benefit” retirement plan. Under a defined
benefit plan, qualified members are eligible for a monthly
benefit, also called a “pension.”
SamCERA also offers monthly disability retirement benefits for
eligible members who can no longer substantially perform their
How much money will I get when I retire?
For a regular service retirement, your benefit amount will be
- your plan formula (i.e. Plan 1, 2, 3, 4, 5, 6,or 7);
- your years of service;
- your final average compensation;
- your age at retirement.
The most accurate way to estimate your future retirement pension
benefit is to use the Benefit Estimator on the
MySamCERA website or app.
Disability retirements are calculated differently than
regular service retirements. Please refer to the “Disability
Retirement” guide for more information.
What about a deferred compensation plan?
SamCERA does not offer or administer deferred compensation
plans. You need to contact your employer’s benefits
division for information regarding deferred compensation
Will participating in Voluntary Time Off (VTO) affect my SamCERA
For those members who participate in VTO, your service credit
will not be affected by VTO. However, because VTO will reduce
your salary, it would reduce your Final Average Compensation
(FAC) if you participate in VTO during the time period used to
calculate your FAC — In which case your benefit will be