SCERA at a Glance


Statistics data as of December 31, 2017.

Fund Statistics

Membership

  • Actives: 4,110 (General 3,385; Safety 725)
  • Deferred/Transferred: 1,181 (General 976; Safety 205)
  • Retired: 4,936 (General 4,063; Safety 873)

Participating employer's member count

  • County of Sonoma (3,608)
  • Superior Court- State of California (184)
  • Sonoma County Water Agency (217)
  • Sonoma County Community Development Commission (43)
  • Valley of the Moon Fire Protection District (46)
  • Sonoma County Transportation Authority (12)

Assets

$2.7 Billion
Policy Asset Allocation:

  • Equities 55% (US 28%, Non-US 17%, Global 10%)
  • Fixed Income 17%
  • Real Estate 16%
  • Global Asset Allocation 5%

Investment Earnings 20-year Annualized Return

6.9% (net of fees)

Retirement benefits paid/Average years of service

All Retirees - Average 17.03 Years of service

  • Benefit:
    • $2,985/month
    • $35,826/year

2017 Retirees - Average 16.43 Years of service

  • Benefit:
    • $3,835/month
    • $46,025/year

Distribution of benefits paid

  • Less than $10,000/year: 15.70%
  • $10,000 to $19,999/year: 21.62%
  • $20,000 to $49,999/year: 41.18%
  • $50,000 to $99,999/year: 18.12%
  • Over $100,000/year: 3.38%

Retirement contributions as percentage of salary for fiscal year 2017/2018

These rates are for County of Sonoma only. Rates for other employers vary somewhat. Rates are as of 7/1/18.

Plan A (Legacy Plan)

Employee average rate:

  • General 11.93%
  • Safety 12.07%
    In addition, employees contribute 7.65% to Social Security

Employer:

  • General 18.95%
  • Safety 28.74%
    In addition, the employer contributes 7.65% to Social Security

Plan B (PEPRA Plan)

Employee:

  • General 10.45%
  • Safety 14.54%
    In addition, employees contribute 7.65% to Social Security

Employer:

  • General 13.89%
  • Safety 21.94%
    In addition, the employer contributes 7.65% to Social Security