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Fiscal Year 2022/2023
On July 8, 2021, the MercedCERA Board of Retirement voted to change the resolution they adopted pertaining to the Alameda Supreme Court Decision (Resolution 2020-1 adopted on August 13, 2020).
MercedCERA Retirement Board Election was held for General Member Seat 2, Safety Member Seat 7, and Alternate Retired Member Seat 8.
On July 30, 2020, the Supreme Court of California published a decision on the Alameda Case. Please see the history and how this court case has impacted MercedCERA.
Tier 1 retirees are eligible to receive a cost of living adjustment (COLA) annually. This adjustment is effective April each year and is first payable in April’s month-end payment.
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