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Federated City Employees Retirement System
The Federated City Employees’ Retirement System ("System") is a defined benefit retirement plan serving the employees and retirees of the City of San José. Operating under the San José Municipal Code Section 2.08.1000, the System is managed and administered by its Board of Administration ("Board"). The Board’s specific duties include:
  • Administration and investment of the retirement funds
  • Consideration of requests for retirement
  • Determination of eligibility for membership in the pension plans
  • Determination of employees’ eligibility for membership in the pension plan
  • Determination of employees’ eligibility for retirement benefits

The Board uses investment earnings and employer and employee contributions to provide eligible retirees with defined-benefit pensions based on their years of service and highest compensation. The System provides medical, survivorship, and permanent disability benefits to qualified members and their beneficiaries.

The Board has broad authority in the administration of the retirement plan as well as the authority to enter into agreements on behalf of the City for the administration of the System. The authority is exercised within the limitations imposed by the Municipal Code and within the requirements of the applicable fiduciary standards. The Board also has an Investment Committee, which meets monthly.

The Board meets on the third Thursday of each month at 8:30 a.m. except in July. The meetings are held at San Jose City Hall located at:
200 East Santa Clara Street, Wing Rooms 118-120, San Jose, CA 95113. 

For more information about Board meetings or to view meeting materials, please see the System website. You may also access the meeting schedule on their website.