Retirement Benefits

SFERS offers two types of retirement benefits for miscellaneous members:

  • Voluntary Service Retirement
  • Ordinary Disability Retirement

Service Retirement Benefit

Under the SFERS pension plan, you can retire for service once you reach the qualifying age and years of credited service required under your plan. When you retire for service, your monthly benefit is calculated using a formula based on your age at retirement, your years of credited service (accumulated time for periods during which you made contributions to plan), and your final compensation (your highest average pay). See Summary of Key Plan Provisions for service retirement formula.

Your retirement benefit is paid to you on the last day of each month for the remainder of your lifetime and the lifetime of your qualified survivor (see “Survivor Benefits” for a definition of qualified survivor).

Qualifying Age and Years of Credited Service:

  at least age 50 (age 53 for Plan A8.603) with 20 or more years of service credit
or
  at least age 60 with 10 or more years of service credit
or
  On your 65th birthday regardless of years of credited service

The maximum retirement benefit you can receive as a member in the Miscellaneous Plan is 75% of your final compensation.

Estimate your Benefits

You have two ways to get an estimate of your benefit:

Online Benefits Modeler – 24/7 access via the secure member portal mySFERS

Prepared Benefits Estimate – for members currently qualified to retire for service or will qualify within 12 months. Download, complete and mail a Request for Estimate Form (allow six (6) to eight (8) weeks to receive your estimate).

Apply for Service Retirement

When you are ready to retire for service with the City and County of San Francisco, follow the steps below:

 Meet the qualifications for service retirement: achieve the qualifying age and years of credited service

Schedule a counseling appointment: log in to mySFERS secure member portal to schedule a counseling appointment using our online Retirement Appointment Scheduler. Schedule your counseling session to take place within six months of your desired retirement date.

 Meet with a Retirement Counselor:  counseling sessions are reserved for members who are qualified for service retirement to complete the retirement application process. Counseling sessions are conducted by phone and can last up to two hours, so please plan accordingly.

Gather the following materials for the counseling appointment:
• Valid Picture ID or Passport
• Original Certified Marriage Certificate/Domestic Partnership
• Original Certified Birth Certificate of Spouse/Domestic Partner or Designated Beneficiary
• Social Security Number and Date of Birth of Spouse/Domestic Partner
• Social Security Number and Date of Birth of Unmarried Child(ren) under 18

Your effective retirement date cannot be earlier than the first day of the month in which you file a retirement application with SFERS.

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