News and Updates

Board Meetings Cancelled

10/28/2019 - The Retirement Board Strategic Workshop and Audit Committee meetings have been cancelled.

MCERA is closed Monday October 28

10/28/2019 - Due to the PG&E public safety power shut off (PSPS) our office is closed Monday, October 28, 2019.

Annual Statements Coming Soon

10/15/2019 - Annual Benefit Statements for the fiscal year ending June 30, 2019 will be mailed soon to the address MCERA has on file for most active, deferred and reciprocal members. These statements provide a valuable summary of your MCERA member account and potential retirement benefit and can be used as a tool to help you plan your financial future.

New contribution rates effective July 1, 2019

05/06/2019 - Employee and employer contribution rates change effective July 1, 2019.

April 2019 Retiree COLA

02/21/2019 - At the February meeting, the Retirement Board affirmed the actuary's calculation of a cost of living adjustment (COLA) for the plan. The actual amount of your retiree COLA depends upon the tier from which you retired. Maximum COLAs are 2%, 3% or 4% and retirees will receive their maximum this year.