Banking Treasury Management Services

The Sacramento County Employees’ Retirement System (SCERS) is requesting proposals (“RFP”) from eligible and qualified banking institutions (the “bank”) for Banking Treasury Management services. SCERS does not currently maintain a dedicated banking services structure, the selected provider will be establishing these services as a new implementation.

SCERS is a multiple-employer public employee retirement system, enacted and administered in accordance with the provisions of the County Employees Retirement Law of 1937. Since its creation by the Sacramento County Board of Supervisors in 1941, SCERS has provided retirement, disability, and survivors’ benefits to eligible participants of the System.

Under Article XVI, Section 17 of the Constitution of the State of California, the SCERS Board of Retirement is vested with plenary authority and fiduciary responsibility for the investment of monies and the administration of the System. With assistance from qualified professionals in the pension industry, the Board adopts regulations, policies, and procedures that are relevant to SCERS to benefit its members. SCERS’ investment staff assists the Board in overseeing the investment function within SCERS, including the development and implementation of Board-approved investment policies and the oversight of investment managers and investment consultants. The day-to-day administration of SCERS is delegated to the chief executive officer and a full-time staff of approximately 75 employees.

SCERS administers retirement, disability, and survivor benefits for employees of Sacramento County and eleven agencies and special districts that have chosen to participate in the system (such as local park and cemetery districts). Through collective bargaining and compliance with state law, SCERS delivers cost-effective benefits and high-quality customer service, ensuring that member rights are protected and benefits are administered fairly. SCERS’ current net plan assets total approximately $15.7 billion as of December 31, 2025.