Daily Update for March 19

Message from Helen Robbins-Meyer, Chief Administrative Officer

I continue to be amazed by the fantastic work you are doing during this stressful time. It’s the nature of public service that people need us most when crises strike. The impacts of this health emergency are far-reaching, and people really are going to need us. To get through this, then coming back out of it – which we will.

Many of you may be feeling worried about the economic environment. Rest assured, we will weather this storm. Your job is secure, and your retirement is safe. You always hear about how the County has strong reserves, and it’s exactly for these moments. 

There should be no concern about the retirement fund solvency. SDCERA’s Trust Fund has $11 billion in assets. The County will continue to make the required contributions necessary to ensure benefits are paid.

A lot of things may be causing you anxiety these days. Your position here at the County shouldn’t be among them. Our fiscal discipline will allow us to move forward to provide services to all those with less certainty in their lives. Thank you for all you’re doing and the help you’ll continue to provide.