What's new

 

Board of Retirement Meeting: October 6, 2021, 9:00 AM.
Materials: Meeting Agenda and Materials
Location: https://us02web.zoom.us/j/87401721372; or Call (669) 219-2599 or (669) 900-9128; Meeting ID 88918958128#

Board of Retirement Special Meeting: October 7, 2021, 8:00 AM.
Materials: Meeting Agenda and Materials
Location: Wine & Roses, 2505 West Turner Road, Lodi, CA 95242

COURTS FIND IN SJCERA'S FAVOR IN ALLUM v. SJCERA and SJCERA v. TRAVELERS
SJCERA retirees Edward Allum and Pauline Toy ("Plaintiff Retirees") sued SJCERA and its Board of Retirement in San Joaquin County Superior Court, on behalf of a class of similarly situated retirees ("post-'82 Retirees"), alleging that SJCERA breached a 2001 class action settlement agreement. The Superior Court granted SJCERA's and cross-defendant County of San Joaquin's Motions for Summary Judgment in their entirety (Trial Court Order). The Third District Court of Appeal upheld the Superior Court's ruling (Court of Appeal Order), and the California Supreme Court denied the Plaintiff Retirees' petition for review. SJCERA separately successfully sued Travelers for its attorneys' fees incurred in the Allum litigation.

Investment Counsel Services RFP Issued
SJCERA seeks proposals from qualified firms to provide investment counsel services on an as-needed basis. A summary of key deadlines follows.

  October 22, 2021:   Letter of Intent to Bid and Proposers' Questions due
  November 19, 2021:   Proposals due

For more information read the Investment Counsel Services RFP # 2021-04

National Retirement Security Month
October is National Retirement Security Month. SJCERA invites you to visit https://sjcengage.com/ to view a calendar of scheduled retirement related webinars on various topics. You will find useful information on understanding your retirement benefit, the basics of investing to budgeting for the holidays. If you are a retired or deferred member and would like to attend a webinar, email employeebenefits@sjgov.org. Active members should contact their department training processor.

Alameda Decision (Updated 10/08/2021)
For information about SJCERA's progress implementing the Alameda Decision, visit SJCERA's Alameda Decision Information page.

Retiree Return to Work Restrictions Reinstated. Effective July 1, Retirees returning to work with an SJCERA-employer are once again limited to working 960 hours per fiscal year. For more information about working after retirement visit the Retired Members Working after Retirement page.