City uf San Jose Federated City Employees' Retirement System

City uf San Jose Federated City Employees' Retirement System is a defined benefit public pension fund based in San Jose, California. Established in 1941, the plan provides death, disability and retirement benefits to eligible employees of the City of San Jos. The Retirement Plan is administered by a seven-member Board of Administration composed of two City employees elected by members of the system, a Retiree Representantive, and three public members, who are not connected with the City and have significant banking or investment experience, and another public member, who is selected by the six Board members and approved by the City Council.