Retirement

It is the goal of the Port of San Diego to ensure that information about the Port’s retirement plan is available to all employees and retirees and former employees who have money in the plan.

Below you will find links to reports, letters and survey information listed in chronological order. Additional links will be added as information is developed.

Please check back often.

The following resources are available for download:

• Amended and Restated San Diego Unified Port District Retirement Plan and Trust with the San Diego City Employees' Retirement System (SDCERS) effective 7/1/2007 (pdf)
• SDCERS June 30, 2007 Actuarial Valuation for SDUPD (6/30/2007) (pdf)
• SDCERS Voluntary Correction Program; Compliance Statement (12/21/2007) (pdf)
• Dept. of the Treasury Executed Compliance Statement (1/10/2008) (pdf)
• Decision concerning Purchase of Service Contracts (11/16/2007) (pdf)
• San Diego Municipal Code: Chapter 2, Article 4: City Employees' Retirement System, Division 13: Purchase of Service Credit (11/15/2007) (pdf)
• Division 10 - Purchase of Service Credit (11/15/2007) (pdf)
• 11/6/07 Amended Agenda (11/15/2007) (pdf)
• 11/06/07 SDCERS Board of Administration Meeting agenda (11/15/2007) (pdf)
• Agenda for an SDCERS Ad-Hoc Purchase of Service Committee meeting (11/06/2007) (pdf)
• Presentation by SDCERS outside actuary, Gene Kalwarsk of Cheiron (10/19/2007) (pdf)
• Presentation by SDCERS outside legal counsel, Harvey Leiderman of Reed Smith LLP (10/19/2007) (pdf)
• Documentation by San Diego City Attorney Michael Aguirre (10/19/2007) (pdf)
• San Diego City Employees' Retirement System Board Evaluates Past Pricing Practices for Purchase of Service Credit Program (9/21/2007) (doc)
• SDCERS issued a news release with Cheiron's findings for Purchase of Service Program (9/21/2007) (pdf)
• Letter to David Wescoe regarding extension of notice of termination of second amended agreement to administer retirement plan (7/10/2007) (pdf)
• Retirement Administration Agreement Update (6/18/2007) (pdf)
• Presentation to the BPC Update (5/8/2007) (powerpoint)
• Presentation to the BPC Update (4/10/2007) (pdf)
• Retirement Update memo to employees and retirees (3/26/2007) (pdf)
• Actuarial Valuation report for 6/30/2006 (pdf)
• December 8, 2006 Clarification on Retirement Questions, by Paul Fanfera (pdf)
• August 31, 2006 First Amendment to Second Amended Agreement to Administer Retirement Plan (SDCERS) (pdf)
• June 30, 2005 Actuarial Valuation of the San Diego City Employees' Retirement System (SDCERS) (pdf)
• Update on Retirement and Request for Volunteers (pdf)
• August 25, 2006 SDCERS Meeting Results (pdf)
• August 7, 2006 Memo Updating Employees on SDCERS and Stand Alone Retirement Plan (pdf)
• July 10, 2006 Notice of Termination of Second Amended Agreement between SDCERS and SDUPD (pdf)
• June 13, 2006 memo from Port President Bruce Hollingsworth regarding the results of the Port Retirement Plan Survey (pdf)
• June 9, 2006 response letter from SDCERS to Port Commissioners William Hall and William Lynch (pdf)

Question & Answer Sessions from Port-based Retirement Meetings:

• May 1, 2006 Meeting Q&A Session at Board Room 1 p.m. (pdf)
• May 1, 2006 Meeting Q&A Session at Board Room 4 p.m. (pdf)
• May 1, 2006 Meeting Q&A Session at Board Room 7 p.m. (pdf)
• May 1, 2006 Meeting Q&A Session at Board Room 9 p.m. (pdf)
• May 3, 2006 Meeting Q&A Session at General Services 1 p.m. (pdf)
• May 3, 2006 Meeting Q&A Session at General Services 3 p.m. (pdf)
• May 3, 2006 Meeting Q&A Session at General Services 5 p.m. (pdf)
• May 4, 2006 Meeting Q&A Session at Board Room 7 a.m. (pdf)
• May 4, 2006 Meeting Q&A Session at Board Room 9 a.m. (pdf)
• May 4, 2006 Meeting Q&A Session at Board Room 11 a.m. (pdf)
• May 8, 2006 Meeting Q&A Session at Board Room 7 a.m. (pdf)
• May 8, 2006 Meeting Q&A Session at Board Room 9 a.m. (pdf)
• May 8, 2006 Meeting Q&A Session at Board Room 11 a.m. (pdf)
• May 10, 2006 Meeting Q&A Session at General Services 7 a.m. (pdf)
• May 10, 2006 Meeting Q&A Session at General Services 9 a.m. (pdf)
• May 10, 2006 Meeting Q&A Session at General Services 11 a.m. (pdf)
• May 11, 2006 Meeting Q&A Session at Board Room 1 p.m. (pdf)
• May 11, 2006 Meeting Q&A Session at Board Room 4 p.m. (pdf)
• May 11, 2006 Meeting Q&A Session at Board Room 7 p.m. (pdf)
• May 11, 2006 Meeting Q&A Session at Board Room 9 p.m. (pdf)

Other downloads:

• Retirement Survey (Email/Phone) Q&A May 2006 (pdf)
• Additional Information Read at Retirement Information Meetings Held after May 2, 2006 (pdf)

• Audio of May 2, 2006 Board of Port Commissioners 1 p.m. meeting, agenda item 5, discussion (mp3, 18.6 MB)
• Agenda Sheet for May 2, 2006 Agenda Item 5 (pdf)
• April 27, 2006 Memo to the Board of Port Commissioners from CFO Treasurer Jeffrey B. McEntee in Regard to Agenda Item 5 at May 2, 2006 Board Meeting (pdf)
• San Diego Unified Port District Retirement Plan Survey, Information Packet, Prepared by Sunlin Consulting, LLP, May 1, 2006 (pdf)
• Power Point presentation prepared by Sunlin Consulting, LLP, for informational meetings that begin May 1, 2006 (pdf)
• April 25, 2006 memo from Port President Bruce Hollingsworth regarding mandatory information meetings about the survey (pdf)
• Schedule for mandatory meetings released April 25, 2006 (pdf)
• March 9, 2006 memo from Port President Bruce Hollingsworth regarding direction from Board of Port Commissioners on March 7, 2006 (pdf)
• Statement by Commissioner William A. Hall read during the Board of Port Commissioners meeting March 7, 2006 (pdf)
• March 7, 2006 minutes of Board of Port Commissioner meeting (pdf)
• Second Amended Agreement to Administer Retirement Plan Between San Diego City Employees Retirement System and San Diego Unified Port District, Sept. 15, 2005 (pdf)
• March 2005 results of previous retirement survey (pdf)
• SDCERS Annual Actuarial Valuation Study, June 30, 2004 (pdf)

2004 Reports to the Board of Port Commissioners, by Sunlin Consulting, LLP:

• November 2004 report to the Board of Port Commissioners, Security of the Retirement Plan, by Sunlin Consulting, LLP (pdf)
• November 2004 report to the Board of Port Commissioners, Feasibility of a Stand-Alone Retirement Plan, by Sunlin Consulting, LLP (pdf)
• Appendix A of Sunlin Reports 2004: Summary of Related Agreements and Legislation (pdf)
• Appendix B of Sunlin Reports 2004: Scope of Sunlins Review (pdf)
• Appendix C of Sunlin Reports 2004: Investment Activities Review (pdf)
• Appendix D of Sunlin Reports 2004: Bankruptcy Issues (2004) (pdf)