Annual Reports

Published: July 1, 2021

For the past 100 years, the Retirement System has offered a financial safety net to its members. Today, SFERS offers an opportunity for financial security in retirement to tens of […]

Published: June 30, 2021

Published: June 30, 2020

The Retirement System’s investment objective is to maximize long-term rates of return on investments within prudent guidelines. The professional Investment Staff, supported by a group of professional consulting firms hired […]

Published: June 30, 2020

Published: June 30, 2019

The Retirement System’s investment objective is to maximize long-term rates of return on investments within prudent guidelines.  The professional Investment Staff, supported by a group of professional consulting firms hired […]

Published: June 30, 2019

Published: June 30, 2018

The Retirement System’s investment objective is to maximize long-term rates of return on investments within prudent guidelines.  The professional Investment Staff, supported by a group of professional consulting firms hired […]

Published: June 30, 2018

Published: June 30, 2017

The Retirement System’s investment objective is to maximize long-term rates of return on investments within prudent guidelines.  The professional Investment Staff, supported by a group of professional consulting firms hired […]

Published: June 30, 2017

Published: June 30, 2016

The Retirement System’s investment objective is to maximize long-term rates of return on investments within prudent guidelines.  The professional Investment Staff, supported by a group of professional consulting firms hired […]

Published: June 30, 2016

Published: June 30, 2015

Investments are reported at fair value. Securities traded on a national or international exchange are valued at the last reported sales price at current exchange rates. Securities that do not […]

Published: June 30, 2015

Published: June 30, 2014

The Retirement System investment portfolio returned a robust 18.73% for the Fiscal Year ended June 30, 2014 and roughly 80 basis points ahead of the policy benchmark return of 17.91%. […]

Published: June 30, 2014

Published: June 30, 2013

The Retirement System investment portfolio returned a robust 13.01% for the Fiscal Year ended June 30, 2013, on target with the policy benchmark return of 13.05%. U.S. equities (+21.79%) and […]

Published: June 30, 2013

Published: June 30, 2012

Although both fiscal and monetary policies remained very accommodative around the globe in Fiscal Year 2012, investment results were dominated by the mixed themes of uncertainty and recovery. Domestic uncertainty […]

Published: June 30, 2012