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Retirees: 2023 Tax Forms Are Available Now
1099-R Annual Tax Reporting Statements will be mailed by January 31, 2024, and are available online now.

1099-R tax forms will be mailed by January 31, 2024 to the addresses we have on record for retirees. This form contains information about reportable income and taxable income from SamCERA for 2023. It will also reflect the amount of federal and California taxes that have been withheld, if any.

Access Your 1099-R Online

Your 1099-R is available online to view and print in the MySamCERA member portal.

Announcement

2024 Service Purchase Schedule
There are two separate periods of time during 2024 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 Returning SamCERA members can also make a Purchase Request for a redeposit of withdrawn funds. 

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Board of Retirement Investment Information
2023 December Board Meeting

At its meeting on December 5, 2023, it was reported that SamCERA made a $10 million commitment to DCVC BIO III, L.P., as part of SamCERA’s Venture Capital portfolio within Private Equity under the Growth category.

No further board action was taken related to SamCERA’s investment commitments or hires

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Board of Retirement Investment Information
2023 October Board Meeting

At its meeting on October 31, 2023, no board action was taken related to SamCERA’s investment commitments or hires.

More information on SamCERA’s commitments may be available in SamCERA’s Board of Retirement meeting minutes. Minutes for a given Board meeting are usually approved at the next regular meeting and will be posted shortly thereafter. 

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Board of Retirement Investment Information
2023 September Board Meeting

At its meeting on September 26, 2023, it was reported that SamCERA made a $30 million commitment to Cerberus Institutional Real Estate Partners VI L.P., as part of SamCERA’s Private Real Assets portfolio within the Inflation Hedge category.

No further board action was taken related to SamCERA’s investment commitments or hires.

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photo taken over shoulder of someone using a laptop

Coming Soon – The New MySamCERA Member Portal
Beginning September 11, 2023, you will be able to experience the new MySamCERA portal!

We’re excited to announce the new MySamCERA member portal will be available beginning September 11, 2023.

The new member portal experience will make it easier for you to manage your pension from your computer or laptop with just a few clicks of your mouse. 

 

 

 

Getting started:

Computer: Log in to the member portal at www.mysamcera.org.

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Board of Retirement Investment Information
2023 August Board Meeting

At its meeting on August 22, 2023, no board action was taken related to SamCERA’s investment commitments or hires.

More information on SamCERA’s commitments may be available in SamCERA’s Board of Retirement meeting minutes. Minutes for a given Board meeting are usually approved at the next regular meeting and will be posted shortly thereafter. 

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Board of Retirement Investment Information
2023 July Board Meeting

At its meeting on July 25, 2023, it was reported that SamCERA made a $25 million commitment to Gridiron Capital Fund V L.P. and a $20 million commitment to Charlesbank Technology Opportunities Fund II L.P, both as part of SamCERA’s buyout portfolio within Private Equity under the Growth category.

No further board action was taken related to SamCERA’s investment commitments or hires.

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Retiree Pay Dates
Benefits are paid on the last business day of each month. Learn more about the current schedule of payment dates here.

Benefits are paid at the end of the month (last business day) for the current month’s benefits.

First Benefit Payment

If you have recently retired, you will usually receive your first allowance payment by direct deposit at the end of the month following the month you retire (for example, if you retire any time in March, you will receive your first payment on the last business day in April). Also, due to processing time with your employer, it may be approximately 6-8 weeks before you receive your first retirement payment.

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Board of Retirement Investment Information
2023 May Board Meeting

At its meeting on May 23, 2023, the Board of Retirement selected NISA to manage a passive long duration Treasury account totaling 3% of plan assets (or approximately $177 million).

The Board also approved a $60 million investment to One Williams Street Capital Partners Fund, as part of SamCERA’s opportunistic credit portfolio within the Growth category.

Lastly, the board approved a commitment of $20 million to MGG Structured Solutions Fund II L.P., as part of SamCERA’s Debt-Related/Special Situations portfolio within Private Equity under the Growth category.

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Board of Retirement Investment Information
2023 April Board Meeting

At its meeting on April 25, 2023, the Board of Retirement approved a re-up commitment of $25 million to LS Power Equity Partners V L.P., as part of SamCERA’s Infrastructure portfolio within Private Real Assets.

No further board action was taken related to SamCERA’s investment commitments or hires.

More information on SamCERA’s commitments may be available in SamCERA’s Board of Retirement meeting minutes. Minutes for a given Board meeting are usually approved at the next regular meeting and will be posted shortly thereafter. 

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Board of Retirement Investment Information
2023 March Board Meeting

At its meeting on March 28, 2023, it was reported that SamCERA made a $20 million re-up capital commitment to Genstar Capital Partners XI, LP, as part of SamCERA’s Buyout portfolio within Private Equity.

No board action was taken related to SamCERA’s investment commitments or hires.

More information on SamCERA’s commitments may be available in SamCERA’s Board of Retirement meeting minutes. Minutes for a given Board meeting are usually approved at the next regular meeting and will be posted shortly thereafter. 

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MySamCERA – Upcoming Scheduled Maintenance
Learn about certain features and services that will be unavailable from Friday, 3/31 at 8:00 PM to Monday, 4/3 at 8:00 AM

Due to scheduled maintenance, the following features and services will be unavailable on MySamCERA from Friday, 3/31 at 8:00 p.m. to Monday, 4/3 at 8:00 a.m.:

  • Reset password
  • Username lookup
  • Email notifications

We apologize for any inconvenience and appreciate your patience during this time. If you have questions please email samcera@samcera.org or call during normal business hours: 800-339-0761 (Monday-Thursday, 7:30 a.m. – 5:30 p.m.)

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Board of Retirement Investment Information
2023 February Board Meeting

At its meeting on February 28, 2023, the Board approved a new asset allocation policy. The changes include a 2% increase to Growth assets, a 1% reduction in Diversifying assets and a 1% reduction in Inflation Hedge assets. The new policy has a target allocation of 59% to Growth assets, 18.5% to Diversifying assets, 17% to Inflation Hedge assets and 5.5% to Liquidity assets.

The Board of Retirement then approved a re-up commitment of $10 million to Eclipse Fund V L.P., as part of SamCERA’s Venture Capital portfolio within Private Equity.

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Board of Retirement Investment Information
2023 January Board Meeting

At its meeting on January 24, 2023, the Board of Retirement approved the implementation of a dynamic currency hedge program with Record Currency Management Limited.

The Board also approved a $20 million commitment to KSL Capital Partners VI LP, as part of SamCERA’s Infrastructure portfolio within Private Real Assets.

No further board action was taken related to SamCERA’s investment commitments or hires.