Sacramento County Employees Retirement System (SCERS)
public plan · Sacramento County · Sacramento, CA
Funding History
What This Means for You
Sacramento County Employees Retirement System (SCERS) is in good financial health at 80% funded. This means for every dollar the plan owes in future benefits, it has 80 cents in assets to cover it. As a public pension, benefits are typically backed by the taxing authority of the sponsoring government. Participants in this plan have relatively low risk of benefit reductions.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2023 | $11.6B | $14.5B | 80.2% | $580.0M |
| 2022 | $11.3B | $14.2B | 79.0% | $562.6M |
| 2021 | $10.9B | $13.3B | 82.0% | $545.2M |
| 2020 | $10.6B | $13.9B | 76.0% | $527.8M |
| 2019 | $10.2B | $13.1B | 78.0% | $510.4M |
Frequently Asked Questions
Sacramento County Employees Retirement System (SCERS) is 80% funded, meaning it has 80 cents in assets for every dollar in future benefit obligations. This is considered healthy by actuarial standards.
Sacramento County Employees Retirement System (SCERS) has 27,000 total participants, including 13,000 active employees and 14,000 retirees currently receiving benefits.
Sacramento County Employees Retirement System (SCERS) is not covered by the PBGC. Benefits depend entirely on the plan's assets and the sponsor's ability to fund it.
The Pension Health Score (0-100, A-F) measures a pension plan's financial strength based on funding ratio (50%), funding trend over 3 years (30%), and PBGC risk level (20%). Higher scores indicate more secure retirement benefits.
Pension Health Score is calculated from funding ratio, 3-year funding trend, and PBGC risk classification.