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Overview

News

Announcement

2025 Service Purchase Schedule
There are two separate periods of time during 2025 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 Returning SamCERA members can also make a Purchase Request for a redeposit of withdrawn funds.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
2024 December Board Meeting

At its meeting on December 3, 2024, no reportable 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
2024 November Board Meeting

At its meeting on November 5, 2024, 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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2024 Annual Comprehensive Financial Report (ACFR)
The 2024 ACFR has been approved by the Board of Retirement. This report provides detailed information about SamCERA’s finances, investments, and the pension plan’s funding status including assets, liabilities, and funded ratio.

The 2024 ACFR has been approved by the Board of Retirement. This report provides detailed information about SamCERA’s finances, investments, and the pension plan’s funding status including assets, liabilities, and funded ratio. The report is provided here for your convenience and available online at www.samcera.org/2024ACFR.

Announcement

Notice of Special Election
Next January, SamCERA will hold an election for the General Member, third seat 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 SPECIAL ELECTION
TO ELECT A GENERAL MEMBER TO THE BOARD OF RETIREMENT

Notice is hereby given that one GENERAL MEMBER is to be elected to fill the unexpired term and subsequent full term for the third position on SamCERA’s SamCERA’s Board of Retirement at a special election to be held on January 13, 2025.

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Board of Retirement Investment Information
2024 September Board Meeting

At its meeting on September 24, 2024, 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
2024 August Board Meeting

At its meeting on August 27, 2024, the Board of Retirement approved a $60 million commitment to GoldenTree Asset Management Master Fund Select Strategy, as part of SamCERA’s opportunistic credit portfolio within the Growth category.

The Board also approved a $20 million re-up commitment to Summit Partners Growth Equity Fund XII 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
2024 July Board Meeting

At its meeting on July 23, 2024, no reportable 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. 

Announcement

Board of Retirement Re-appointment & Vacancy
Elaine Orr has been reappointed by the Board of Supervisors & applications are being accepted for the Sixth Member on the Board of Retirement.

Vacancy

The Board of Supervisors is currently accepting applications for appointment to one position, Sixth Member, on the Board of Retirement at SamCERA. Deadline for applications is Friday, June 28, 2024 at 5 p.m. More information can be found on the Board and Commissions website here - https://www.smcgov.org/bnc/vacancies.

A total of four members of the Board of Retirement are appointed by the Board of Supervisors. These members must be qualified electors of the County and cannot be connected with County government in any capacity.

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Board of Retirement Investment Information
2024 June Board Meeting

At its meeting on June 4, 2024, the Board of Retirement approved a $35 million commitment to Beach Point Capital Real Estate Debt Fund, L.P., as part of SamCERA’s debt portfolio within Real Estate under the Inflation Hedge category.

The Board also approved a $25 million re-up commitment to Quantum Energy Partners VIII, L.P., as part of SamCERA’s Natural Resources portfolio within Private Real Assets under the Inflation Hedge category.

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

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Retirees, join us at SamCERA on June 5th to learn all about your MySamCERA account

Location:
SamCERA Boardroom
100 Marine Parkway, Suite 160
​Redwood City, CA 94065

Date: Wednesday, June 5, 2024

Time: 2:00 p.m. – 5:00 p.m.

 

 

 

 

 

 

Join us at SamCERA on Wednesday, June 5th to learn all about your MySamCERA account and how to manage your pension.

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Board of Retirement Investment Information
2024 April Board Meeting

At its meeting on April 23, 2024, the Board of Retirement approved a $30 million commitment to TPG Angelo Gordon Credit Solutions Fund III LP, as part of SamCERA’s opportunistic credit portfolio within Fixed Income under the Growth risk category.

The Board also approved a $28 million commitment to Kinderhook Capital Fund 8, L.P., as part of SamCERA’s buyout portfolio within Private Equity under the Growth risk category.

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

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Board of Retirement Investment Information
2024 March Board Meeting

At its meeting on March 26, 2024, 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. 

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 second position, and one SAFETY MEMBER is to be elected to fill the seventh position on SamCERA’s Board of Retirement. An Alternate Safety member will also be elected.

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Board of Retirement Investment Information
2024 February Board Meeting

At its meeting on February 27, 2024, the Board of Retirement approved a $45 million commitment to Comvest Credit Partners VII, L.P., as part of SamCERA’s Private Credit portfolio within Opportunistic Credit under the Growth category.

The Board also approved a $28 million commitment to Peak Rock Capital Fund IV, L.P., 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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Update – MySamCERA Available as of 2/6/24
The technical issues on MySamCERA have been resolved, and members should have normal access to the member portal and mobile app. Thank you for your patience!

2/6/24 - The technical issues on MySamCERA have been resolved, and members should have normal access to the member portal and mobile app. Thank you for your patience!

 

1/31/24 - MySamCERA Currently Unavailable

MySamCERA is experiencing some technical issues, and this is impacting member account access. Please know that our team is aware of the issue and is working urgently to resolve the problem.