SamCERA has updated its contribution rates for members and employers, effective July 11, 2021.
Month: July 2021
2021 SamCERA Board of Retirement Election Results
The nomination period for the 2021 Board of Retirement election closed on May 3, 2021, at 5:00 p.m. Katherine O’Malley ran unopposed and deemed elected to the Board while an election was held on Monday, June 14, 2021 for the Seventh (Safety) Seat.
Katherine O’Malley was reelected to the General Member Second Seat, and she is currently a Principal Appraiser with the Assessor-County Clerk-Recorder & Elections Department. Robert Raw, a Sergeant with the Sheriff’s Department, was reelected to the Safety Member Seventh Seat, and Susan Lee, a Deputy Probation Officer with the Probation Department, was reelected as the Alternate Safety Member.
Elected Board Member Profiles
- Katherine O’Malley was hired in 2012 by the Assessor-County Clerk-Recorder & Elections Department, and this is her second term on the Board of Retirement. She was first elected to the Board in 2018, and most recently served as Board Secretary.
- Robert Raw has been with the Sheriff’s Department since 2012, and this is his second term on the Board of Retirement. Robert served as Vice Chair on the Board over the past year.
- Susan Lee has been with the Probation Department since 2002, and this will be her third term on the Board of Retirement. She was first elected to serve as Safety Alternate in 2015, and she was reelected in 2018. In this role, she substitutes in the absence of the Second, Third, or Seventh Member. Additionally, if the Eighth Member and Retiree Alternate are absent, she substitutes for the Eighth Member.
Additional Information
The elected Board Members will serve a 3-year term commencing July 1, 2021 and ending June 30, 2024. The next scheduled SamCERA Board of Retirement election will be in 2022, when the General Member Third Seat, the Retired Member Eighth Seat, and the Retired Member Alternate Seat will be up for election.
Board vacancies and election information are posted at www.samcera.org, and general information about the Board of Retirement can be found at www.samcera.org/board-retirement.
Board of Retirement Investment Information
At its meeting on July 27, 2021, the Board of Retirement approved a $30 million capital commitment to Angelo Gordon Credit Solutions Fund II, LP, as part of SamCERA’s growth risk-bucket within opportunistic credit (fixed income asset class).
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.
Manage your pension with MySamCERA
MySamCERA is a secure, members-only portal for retirement benefits information, available online at: mysamcera.org.
Active and Deferred members can perform retirement benefit estimates, get member statements, check beneficiary information—and more. Retirees can print 1099s, print benefit statements, view deductions and change withholdings, and generate Pension Income Verifications.
How to Register for MySamCERA
To access MySamCERA for the first time, you’ll need your SamCERA ID, which is a special number created for each member.
If you haven’t received your SamCERA ID, email samcera@samcera.org for assistance.
Follow the instructions on these Quick Reference Guides to learn how to register and get started with your MySamCERA account.
- MySamCERA Quick Reference Guide for Active Members
- MySamCERA Quick Reference Guide for Retired Members
Need help?
If you need assistance, you can always call our office at (650) 599-1234 or send an email to samcera@samcera.org.