Member News, Luncheons and Activities
Watch this spot for an update on information on our monthly luncheons and speakers held at the Italian Athletic Club, 3541 Cherryland Avenue, Stockton, at 11:30 a.m. the second Thursday of each month, except June and December.
NOTE: Due to the pandemic, luncheons and other activities are postponed until local regulations permit in-person meetings and gatherings again.
COUNTY SEEKING VOLUNTEERS FOR CIVIL GRAND JURY
San Joaquin County is looking for a few good citizens to help make local government better.
The San Joaquin County Superior Court is seeking applicants to serve on the county’s civil grand jury, which does everything from investigating governmental bodies, agencies and public officials to looking into complaints from the public. Past reports have focused on homelessness, juvenile group homes, community college and school districts, jail operations, special districts and housing authorities.
Members of the 2021-22 civil grand jury will begin serving Aug. 1. The grand jury is made up of 19 citizens whose names are randomly selected from applicants nominated by the judges of the court. Jurors must be at least 18, a United States citizen who has resided in San Joaquin County for at least one year, must possess sufficient knowledge of the English language, and must not be now serving as a trial juror or elected public official.
The San Joaquin County District Attorney’s Office will conduct background investigations, which includes a record check from law enforcement agencies.
Due to COVID-19 social-distancing requirements, applicants must be able to work via telephone or video appearance (a smartphone and internet access are required).
The deadline for application submission is April 2, 2021. Applications can be obtained by calling (209) 992-5290 or found on the court’s website at https://www.sjcourts.org/general-info/civil-grand-jury.
1.5% COLA Approved for Retirees
On February 12, the Board of Retirement approved a 1.5 percent Cost-of-Living Adjustment (COLA). If you retired on or before April 1, 2019, you have accumulations in your COLA "bank" that are used to increase your COLA. COLA increases will be on your May 1 benefit payment.
Retirement Date 2021 COLA
- 4/2/2019 - 4/1/2021 1.5%
- 4/2/1988 - 4/1/2019 2.5%
- On or before 4/1/1988 3.0%
Your SJCERA Retirement Benefit is Secure
Recent events, including the COVID-19 coronavirus outbreak, have caused a downturn in financial markets. SJCERA would like to reassure our members that your benefits are secure. As a member of a defined benefit plan, your lifetime retirement allowance is not tied to investment returns, but is calculated based upon your age at retirement, years of service and salary.
At SJCERA, we invest for the long-term, rather than days, weeks or months. While our returns may fluctuate in the short-term, our investment strategy is designed to generate positive returns over decades. The SJCERA investment portfolio is broadly diversified in order to mitigate the effects of periods of market volatility and uncertainty such as the one we are currently experiencing.