News & Events

Overview

Catch up on recent news articles related to MercedCERA and your retirement.

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Tax Form Changes

Updated forms now required

Retirees are required to provide MercedCERA their federal and state withholding instructions at the time of their initial retirement. Updates to the withholding instructions could be made at any time by submitting an internally created tax change form.

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Member Contribution Rates

Fiscal Year 2023/2024

The Merced County Employees’ Retirement Association (MercedCERA) Board of Retirement approved new employee contribution rates for the fiscal year 2023-2024. Employee contribution rates are a percentage of your salary that you contribute into the retirement system.  These rates are based on your age, earliest start date into a public retirement system, benefit tier and other economic and demographic assumptions (e.g. projected benefit costs and investment earnings). Each year, these rates are reviewed and updated by MercedCERA’s actuary.  New rates will be effective Pay Period 14 (June 19, 2023), with a pay date of July 7, 2023. It is very likely that you will see a change in your net payment.

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2024 COLA

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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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MercedCERA launches new member-centered website

MercedCERA is debuting a newly redesigned website today as part of the Board of Retirement’s commitment to improving member self-service, security, and transparency. The new website is now dedicated to member’s needs, separate from the county, and features a new design, upgraded cybersecurity infrastructure, a streamlined site navigation structure, and refreshed content.

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MercedCERA Retirement Board Elections

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MercedCERA Retirement Board Elections were held and congratulations to our new and reelected Trustees;

 - Janey Cabral – Reelected by our General Members as the General Member Representative.

 - Scott Johnston – Reelected by our Retirees as the Retiree Representative.

 - Mike Harris – Reelected by our Retirees as the Retiree Alternate Representative.

 - Moses Nelson – Elected by our Safety Members as the Safety Alternate Representative.