San Joaquin County Employees’ Retirement Association

If you are retired, enrolled in Medicare Part B and have a balance in your sick leave bank, you may qualify for reimbursement of your Medicare Part B premiums.  Read SJCERA’s Medicare Part B Reimbursement fact sheet and other useful information on the Retired Members page. If you’re eligible for the program, submit your Medicare Part B Reimbursement Form with a copy of your annual Social Security notice indicating your Medicare Part B premium by January 2. Forms received after January 2 will receive reimbursement prospectively.

Get on Direct Deposit. Fill out the Direct Deposit form and send it to us via mail. Benefits of Direct Deposit: 

1. Convenience: Direct deposit eliminates the need to visit the bank to deposit a paycheck. Funds are automatically transferred to your account on payday, saving you time and effort.

2. Security: Direct deposit reduces the risk of lost or stolen checks.

3. Faster Access to Funds: With direct deposit, your money is available in your account immediately on payday, rather than waiting for a check to clear, giving you quicker access to your retirement funds.

Retirement benefits are funded through member and employer contributions along with long-term investment earnings. For the year ended December 31, 2023, the total fund generated a gross of fees return of 9.5%, above the assumed rate of 6.75%.

Read more in the 2023 Popular Annual Financial Report (PAFR) or the more detailed Annual Comprehensive Financial Report (ACFR).