San Diego City Employees Retirement System is a public pension fund based in San Diego, California. Established in 1927, the plan administers three separate single-employer defined benefit pension plans for the City, Port, and Airport. SDCERS provides service retirement, disability retirement, death, and survivor benefits to its participants. The assets of the pension fund are managed by a 13 member board of administration, responsible for the prudent administration of retirement benefits for City, Port and Airport employees and for overseeing the investment portfolio of the retirement systems trust fund. The board is assisted by the investment committee which is responsible for monitoring investment performance and market conditions and recommending changes to the investment policy statement.