Retirement Benefits

The SFERS Pension Plan is a tax-qualified defined benefit plan funded through employee and employer contributions and investment earnings. SFERS benefits provide to you, as a retired member, post-employment income during your lifetime and to your qualified survivor.

Retiree benefits are calculated using a formula based on your Age at Retirement, your Years of Service Credit and your Final Compensation as of your effective retirement date. Retirement benefits are paid as a monthly allowance on the last day of each month.

  • Social Security Administration
  • Health Service System
  • Seal of the City and County of San Francisco
  • CALpers