The Sacramento County Employees’ Retirement System (SCERS) reported a 10.8% total fund return for the fiscal year ending June 30, 2025, net of fees, exceeding the system’s Policy Index return of 9.9%.

SCERS has also outperformed its benchmark over the longer 5-year (9.6% vs. 8.9%), and 10-year (8.0% vs, 7.3%) periods, placing SCERS’ performance in the top 26^th and 14^th percentile among public pension plans over these periods.

All asset classes generated positive returns for the fiscal year; however, public equities drove returns with SCERS’ Global Equity asset class returning 16.6%. Other strong performing asset classes included Private Equity, Private Credit, and Real Assets.

“SCERS’ disciplined investment approach, with diversified exposures across both public and private markets, continues to provide strong, stable results for our members,” said Steve Davis, SCERS’ Chief Investment Officer.

The 10.8% fiscal year return also exceeds SCERS’ 6.75% assumed rate of return that is used to set contribution rates. The 2024-25 returns will accelerate SCERS’ path to full funding, pushing the funded status to approximately 90%. The funded status is a gauge that measures assets against long-term liabilities.

SCERS ended the fiscal year with approximately $14.5 in assets on behalf of more than 32,000 members and beneficiaries.