News & Events

Overview

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

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Member Contribution Rates

Fiscal Year 2022/2023

The Merced County Employees’ Retirement Association (MercedCERA) Board of Retirement approved new employee contribution rates for the fiscal year 2022-2023. 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 20, 2022), with a pay date of July 8, 2022. It is very likely that you will see a change in your net payment.

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2022 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 Amends Resolution 2020-1

Pertaining to the Alameda Supreme Court Decision

Concrete Court Building

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).
The changes that were unanimously adopted by the MercedCERA Board of Retirement are as follows:

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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.