Overview

Sacramento County Employees' Retirement System (SCERS) is a government organization that provides retirement, disability, and survivors' benefits to eligible participants. Established in 1941 by the Sacramento County Board of Supervisors, SCERS operates under the County Employees Retirement Law of 1937, which grants it plenary authority and fiduciary responsibility for managing investments and administering the system. As a multiple-employer public employee retirement system, SCERS serves not only the County of Sacramento but also the Superior Court of California, County of Sacramento, and eleven Special Districts. With a total membership of over 24,000 individuals, including 12,155 active, 9,239 retired, and 2,851 deferred members as of June 30, 2012, SCERS plays a crucial role in ensuring the financial security of public employees in the region. Working at SCERS can be an exciting opportunity for staff due to several factors. Firstly, being part of a government organization allows employees to contribute to the well-being of the community and make a positive impact on the lives of public employees. By providing retirement benefits, SCERS helps ensure that individuals who have dedicated their careers to public service can enjoy a secure and comfortable retirement. Moreover, SCERS operates as a separate and independent entity from the public employers that participate in the system. This independence grants SCERS the autonomy to make investment decisions and administer the system in the best interest of its members. Employees at SCERS have the opportunity to work in a dynamic and challenging environment where they can contribute to the organization's mission of safeguarding the financial future of public employees. The government setting also offers unique benefits to those who join SCERS. Government jobs often provide stability and job security, which can be particularly appealing in uncertain economic times. Additionally, government organizations typically offer competitive compensation packages and comprehensive benefits, including health insurance, retirement plans, and paid time off. These benefits can contribute to a satisfying work-life balance and provide employees with peace of mind regarding their financial well-being. Furthermore, working at SCERS allows individuals to gain valuable experience and expertise in the field of retirement and pension administration. The organization provides opportunities for professional growth and development through training programs, workshops, and conferences. Employees can enhance their knowledge of retirement systems, investment strategies, and financial planning, which can open doors to future career opportunities in the public or private sector. SCERS also values diversity and inclusivity in its workforce. The organization recognizes the importance of different perspectives and experiences in driving innovation and excellence. By fostering an inclusive work environment, SCERS encourages collaboration and teamwork, which can lead to increased job satisfaction and productivity. In conclusion, working at Sacramento County Employees' Retirement System offers staff the opportunity to be part of a government organization that plays a vital role in ensuring the financial security of public employees. With its plenary authority and fiduciary responsibility, SCERS operates independently to manage investments and administer the system. Employees at SCERS can contribute to the well-being of the community, enjoy job stability and security, and gain valuable experience in retirement and pension administration. The organization's commitment to diversity and inclusivity further enhances the work environment. Joining SCERS can be an exciting and rewarding career choice for those interested in public service and financial security.