Financial Information

Investments – General Authority and SCERS

Article XVI, Section 17 of the Constitution of the State of California provides that “Notwithstanding any other provisions of law or this Constitution, the Retirement Board of a public pension or retirement system shall have plenary authority and fiduciary responsibility for investment of monies and administration of the system….” Article XVI, Section 17(a) further provides that “the Retirement Board of a public pension or retirement system shall have sole and exclusive fiduciary responsibility over the assets….”

SCERS maintains an overall investment policy designed to achieve a diversified investment portfolio. An integral part of the investment policy is the strategic asset allocation, which is designed to provide an optimal mix of asset classes with return expectations that correspond to expected liabilities. The strategic asset allocation also emphasizes maximum diversification of the portfolio to protect the System from the possibility that a particular asset class may experience poor investment performance in a given period.

 
 
 
 
 
 
 
Investment Performance Report for the Quarter Ended:
​June 30, 2017
March 31, 2017
December 31, 2016
September 30, 2016
June 30, 2016
March 31, 2016
​​​June 30, 2005

Investment Year in Review

SCERS prepares a review of the year's investments in order to summarize the major events and developments of the past year, including investment performance; highlight the decisions that were made, the rationale for those decisions, and the direction(s) established going forward; and preview the investment program projects, issues, and objectives for the year to come.

 
 
 
 
 
 
 
 
 
 

The Comprehensive Annual Financial Report

SCERS prepares a comprehensive annual financial report (CAFR), which describes the system’s activities, provides complete financial statements, and summarizes investment performance and actuarial funding status. Other relevant actuarial and statistical data are also included. The readers of the CAFR will find this information helpful in understanding SCERS and its commitment to financial integrity and participant service.

 
 
 
 

The Annual Financial Report Summary

 
 
 
 
 
 
 

Inquire about the availability of documents in alternate formats.

Contact Us

Sacramento County Employees' Retirement System
980 9th Street, Suite 1900, Sacramento, CA 95814
Telephone: (916) 874-9119
Facsimile: (916) 874-6060
Email: SacRetire@saccounty.net
Mail Code 10-204