SDCERS’ Board of Administration (Einsteins of portfolio management),… let’s add DEBT to the EXISTING DEBT
[quote=SDCERS Board] SDCERS Board Approves 13th Check and Corbett Benefits for 2018
At its November 9, 2018 meeting, the SDCERS’ Board of Administration approved the payment of the “13th Check” supplemental benefit and the Corbett settlement benefit for eligible retirees. Eligible retirees will receive the payment as part of their November 2018 monthly retirement benefit.
The “13th Check” and Corbett settlement benefits are paid in years when the realized investment earnings of the fund are sufficient to pay them.
