The San Francisco Employees’ Retirement System (SFERS) administers two benefit programs for active and retired members: a Pension Plan (defined benefit plan) and a 457(b) Deferred Compensation Plan (defined contribution plan). The SFERS Pension Plan is a defined benefit plan that provides service retirement benefits calculated using a formula based on age at retirement, years of service and final compensation. The Deferred Compensation Plan is a voluntary IRS §457(b) Plan that allows participants to voluntarily defer receipt and taxation of a portion of their regular earnings until after they retire or separate from service. Under the direction of the Retirement Board, the Executive Director and senior staff team manage the day-to-day activities of the system including investments, member services, finance, actuarial services, information technology, human resources and communications.
San Francisco Employees’ Retirement System (SFERS)
United States
$38
6.87
Alison Romano
Alison Romano
AJ Thomas
29.6% Public Equity
26.6% Private Equity
13.7% Real Assets
9.7% Absolute Return
9.9% Fixed Income
9% Private Credit
1.4% Cash
Asset allocation as of June 30, 2025. All information is as per the most recent annual report or other publicly available data via the fund's website
| Fund Name | Country | AUM ($B) | Articles | More Info |
|---|---|---|---|---|
Canada Pension Plan Investment Board (CPP Investments) | Canada | $522 | 93 | View Info |
Malaysia – Khazanah Nasional | Malaysia | $36 | 7 | View Info |
Monetary Authority of Singapore | Singapore | $300 | 4 | View Info |
FIS Stanford 2025