Retirement Benefits – Miscellaneous Safety
SFERS offers three types of retirement benefits:
|Industrial Disability Retirement|
|Ordinary Disability Retirement|
Service Retirement Benefit
Under the SFERS pension plan (a defined benefit plan), service retirement benefits are calculated using a formula based on Age at Retirement, Years of Service Credit and Final Compensation (see Summary of Key Plan Provisions for service retirement formula).
To qualify for service retirement:
|at least age 50 with 5 or more years of service credit|
Maximum retirement benefit payable to members in the Miscellaneous Safety Plan is 90% of final compensation. Upon retirement, benefits are payable on the last day of each month.
Note: Members of SFERS Miscellaneous Safety Plan do not accrue Social Security benefits for service as miscellaneous safety employees.
Request an Estimate of your Benefits
If you are currently qualified to retire for service or will be qualified within 12 months, you can request an estimate of your benefits in writing (SFERS Request for Estimate Form).
Apply for Service Retirement
To elect to retire from employment with the City and County of San Francisco, a member must:
— Qualify for service retirement/deferred retirement or, will qualify for service retirement/deferred retirement within 12 months of desired retirement date.
— Schedule a counseling appointment. Access our online Retirement Appointment Scheduler via mySFERS secure member portal. Counseling sessions are reserved for members who are qualified for service retirement and can last up to two hours (up to three hours for group sessions), so please plan accordingly.
— Meet with a Retirement Counselor to complete the retirement application process. The counseling session must take place at least three months prior to the member’s desired retirement date.
— Bring the following materials to the counseling appointment:
- • Picture ID
- • Marriage certificate
- • Spouse’s or Eligible Domestic Partner’s Date of Birth and Social Security Number
- • Unmarried child or children (under 18) Date of Birth and Social Security Number
Your effective retirement date cannot be earlier than the first day of the month in which you file a retirement application with SFERS.