Month: May 2014

Retirement Board Approves Basic COLA Effective July 1, 2014

At the February 12, 2014 meeting, the SFERS Retirement Board approved the Basic Cost of Living Adjustment (COLA) for qualified miscellaneous retirees and New Plan Safety retirees or their entitled beneficiaries.  Effective July 1, 2014, in accordance with Charter Section §A8.526, qualified SFERS members who retired on or before July 1, 2014, will receive a…

Published: May 13, 2014

Annual Member Statements Mail in August

SFERS Annual Member Statements for fiscal year ended June 30, 2014 are mailed to members beginning the third week in August. Please take a few moments to read your annual statement when you receive it. The statement contains important information about your retirement account including:  Membership, Account Balances, Service Credit, and Buyback Opportunities (if applicable). And for the first…

Published: May 13, 2014

President Makras Reappointed to Board

Retirement Board President, Victor Makras has been reappointed to serve a 5-year term through February 20, 2019. Commissioner Makras, a well-respected industry veteran in San Francisco’s real estate community was first appointed to the Retirement Board in August 2010, and elected to serve as President of the Board in June 2013.

Published: May 13, 2014

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