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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

About SamCERA

News

Overview

News

Announcement

2023 Service Purchase Schedule
There are two separate periods of time during 2023 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 Returning SamCERA members can also make a Purchase Request for a redeposit of withdrawn funds.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
2022 December Board Meeting

At its meeting on December 6, 2022, 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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Important Dates and Information About the New 2023 W4-P
Learn about when you should start using the new 2023 W4-P form for tax withholdings.

The Internal Revenue Service (IRS) revised the W4-P federal tax withholding form in 2022. SamCERA will begin using the new IRS W4-P forms, which are for periodic payments only, on January 1, 2023. 

If you need to make new withholding elections or make a change to your current elections, it is important to use the correct form based on your submission date to prevent delays with your withholding elections.  

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MySamCERA – Upcoming Scheduled Maintenance
The MySamCERA member portal and mobile app will be down for scheduled maintenance on Friday, November 4 from 7:30 AM to 8:00 AM

We will be using this time for scheduled maintenance on the member portal and mobile app, and we appreciate your patience and understanding. If you have questions, please email samcera@samcera.org.

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2022 Annual Comprehensive Financial Report
Learn about SamCERA’s financial standing through fiscal year ending June 30, 2022 in the newly released 2022 Annual Comprehensive Financial Report.

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Board of Retirement Investment Information
2022 November Board Meeting

At its meeting on November 1, 2022, the Board of Retirement approved a $25 million commitment to Davidson Kempner Opportunities Fund VI LP, as part of SamCERA’s Debt-Related/Special Situations portfolio within Private Equity.

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

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Board of Retirement Investment Information
2022 September Board Meeting

At its meeting on September 27, 2022, 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
2022 August Board Meeting

At its meeting on August 23, 2022, the Board of Retirement approved a $15 million commitment to Angelo Gordon CSF2A (Annex) Dislocation Fund LP, as part of SamCERA’s growth risk-bucket within opportunistic credit (fixed income asset class).

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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Board of Retirement Investment Information
2022 July Board Meeting

At its meeting on July 26, 2022, 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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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. 

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Office Closed on Wednesday, 6/22
The SamCERA office will be closed on Wednesday, 6/22 for walk-in's and in-person visits due to construction.

For assistance during this temporary office closure, please contact us by phone at 650-599-1234 or by email at samcera@samcera.org.

Thank you for your patience and understanding.

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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The MySamCERA Mobile App – Currently Unavailable
The MySamCERA mobile app is currently unavailable for maintenance. We apologize for any inconvenience that this has caused. 

We are working rapidly to make the mobile app available as soon as possible.

If you need to make changes or review your account, please visit www.mysamcera.org.

If you need assistance or have questions, please contact us by email at samcera@samcera.org or by phone at 650-599-1234 or 800-339-0761.

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MySamCERA – Scheduled Maintenance
MySamCERA and the MySamCERA mobile app will be unavailable from Thursday, June 9 at 7 p.m. until Monday, June 13 at 8 a.m. due to scheduled maintenance.

We appreciate your patience and understanding as we use this time to upgrade the portal to give our members a better online experience. If you have questions, please email samcera@samcera.org.

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Board of Retirement Investment Information
2022 May Board Meeting

At its meeting on May 24, 2022, the Board of Retirement approved a $25 million commitment to Sixth Street TAO Global, as part of SamCERA’s Debt-Related/Special Situations portfolio within Private Equity.

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
2022 April Special Board Meeting

At its special meeting on April 28, 2022, 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
2022 April Board Meeting

At its meeting on April 26, 2022, the Board of Retirement approved an initial investment of 1.5% of plan assets (or approximately $90 million) to a cashflow matching investment mandate with Insight Investment, to be placed in SamCERA’s Fixed Income/Liquidity asset class.

The Board also approved a $60 million commitment to KKR Diversified Core Infrastructure Fund, 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.

Announcement

Notice of Election
This June, SamCERA will hold an election for three seats on the Board of Retirement. Read the election notice for important dates and how to file as a candidate.

SAN MATEO COUNTY EMPLOYEES’ RETIREMENT ASSOCIATION
(SamCERA)

NOTICE OF ELECTION
TO ELECT THREE MEMBERS TO THE BOARD OF RETIREMENT

Notice is hereby given that one GENERAL MEMBER is to be elected to fill the third position, and one RETIRED MEMBER is to be elected to fill the eighth position on SamCERA’s Board of Retirement. An ALTERNATE RETIRED MEMBER will also be elected.

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