Chief Executive Officer Richard Stensrud to Depart
After almost 13-years of leading the Sacramento County Employees’ Retirement System (SCERS), Chief Executive Officer Richard Stensrud is leaving to take the helm of the School Employees Retirement System of Ohio (SERS). Click here for more information.
Request for Proposals - Actuarial Audit Services
SCERS is soliciting proposals from qualified actuarial firms familiar with public employee retirement systems to perform an audit of SCERS' current consulting actuary - Segal Consulting.
Request for Proposals - Pension Administration System
SCERS is soliciting proposals from qualified firms to select and implement a commercially available pension administration solution
Request for Proposals - Professional Auditing Services
SCERS is soliciting proposals from qualified firms of certified public accountants (Auditors) to audit its financial statements for the fiscal years ending June 30, 2017 and 2016, and for each of the two subsequent fiscal years
SCERS Appoints New Chief Investment Officer
SCERS has named Steve Davis as Chief Investment Officer (CIO). Mr. Davis has been the Deputy CIO at SCERS since July, 2012. Mr. Davis originally joined SCERS as an Investment Officer in March 2010. Click here for more information.
SCERS Strategic Plan
The SCERS Board of Directors initiated a strategic planning process to make sure that SCERS can sustain and build upon the success it has been able to achieve in keeping retirement benefits secure with manageable cost. Work has begun on implementing strategic initiatives designed to provide the highest level of quality and professionalism in meeting SCERS' duties to its members, retirees and beneficiaries, participating employers, and other stakeholders in an environment of increasing investment and operational complexity. Review SCERS' key goals for the next five years in the following critical areas:
- Funding Policies and Practices
- Investment Program
- Service Delivery
- Fiscal Responsibility
- Risk Management
- Aligning Authority with Responsibility
Check back for updates on implementation of these strategic initiatives.
The international financial publication Chief Investment Officer announced that the Sacramento County Employees' Retirement System (SCERS) has been named the 2014 Industry Innovation Award winner in the category of public pension funds with up to $15 billion in assets.
Pictured from left: Deputy Chief Investment Officer Steve Davis,
Chief Investment Officer Scott Chan, and Chief Executive Officer Richard Stensrud