The Merced County Employees Retirement Association (MCERA) public retirement system was established July 1, 1950, under and subject to the legislative authority of the State of California as enacted and amended in the County Retirement Act of 1937 (Chapter 677 Statutes of 1937). It is a multiple-employer defined benefit plan. The management of the retirement system is vested in the Board of Retirement, which consists of ten members—one Board of Supervisors’ member, three appointed members whom are not connected with county government, one elected retired member, one elected safety member, one elected alternate safety member, and two elected miscellaneous members.
MCERA is committed to providing quality services and managing MCERA’s assets in a prudent manner. In carrying out the policies and objectives, as set by the Board, the Board and MCERA staff will:
- Discharge their duties in accordance with fiduciary principals
- Take responsibility for cost effective operations and minimize employer contributions
- Display competency, courtesy and respect
- Continue professional growth through education and training
- Plan strategically for the future