Latest News
OCERS Celebrates Groundbreaking of Future Headquarters
On April 15, 2026, the Orange County Employees Retirement System (OCERS) celebrated the groundbreaking of its future headquarters in Santa Ana, marking a significant milestone in the organization’s history.
The Replacement Headquarters Project reflects OCERS’ long-term commitment to serving its more than 55,000 members, retirees, beneficiaries, and participating employers. The new building is designed to support the organization’s evolving operational needs; it will provide a modern, sustainable, and collaborative workplace that enhances service delivery and positions OCERS for continued success in the decades ahead.
The groundbreaking ceremony brought together members of the Board of Retirement, executive leadership, staff, project partners, participating employers, and community leaders to commemorate the occasion. The event celebrated not only the start of construction but also a shared vision for OCERS’s future and its mission to provide retirement security for those it serves.
OCERS extends its gratitude to all who have contributed to the planning, design, and development of this transformative project. As construction moves forward, the organization looks forward to bringing this vision to life and creating a facility that will support its mission for generations to come.
Video Link: https://youtu.be/gv28iQBNvKM
Photos from the event: Groundbreaking event photos
Board Approves 3% COLA for 2026
February 18, 2026
At its February meeting, the OCERS Board of Retirement approved a 3% cost-of-living adjustment (COLA) for all retirees and eligible beneficiaries, with no remaining amount credited to the “COLA bank.”
Under Government Code section 31870, COLAs are applied each April 1 based on the Consumer Price Index (CPI) as of January 1, with annual adjustments capped at 3.0%. For the Los Angeles Basin area, the CPI was reported at 3.16% and rounded to 3.0%, which supported the Board’s approval of the full 3% adjustment. As a result, the full increase will apply to retirement allowances.
New Headquarters Project – Site Work Beginning
February 3, 2026
The Replacement Headquarters Project has entered the Development phase. Beginning this week, site preparation work will start on the Tustin Parcel in advance of abatement and demolition of the neighboring medical office building.
As part of this work, 8-foot-tall perimeter construction fencing will be installed. Starting Thursday, February 5th, there will be no access to the OCERS parking lot from Tustin Avenue or the driveway at the corner of Wellington and Tustin. Visitors should enter the parking lot using the other two driveways on Wellington Avenue
OCERS Chief Investment Officer Honored on 2026 Elite CIO List
January 8, 2026
Congratulations to Molly Murphy, OCERS Chief Investment Officer, on being named to the 2026 Elite CIO list for the second consecutive year.
Trustee Reappointments Announced
December 3, 2025
The Orange County Employees Retirement System (OCERS) is happy to share that the Orange County Board of Supervisors has reappointed Mr. Shawn Dewane (Trustee, Public Member), Mr. Arthur Hidalgo (Trustee, Public Member), and Mr. Charles Packard (Trustee, Public Member) to the Orange County Board of Retirement. Each will serve a new three-year term effective January 1, 2026, through December 31, 2028.
Director of Finance Tracy Bowman Honored with GFOA Recognition for Outstanding Public Service
September 22, 2025
OCERS is proud to share that Tracy Bowman, Director of Finance, has been recognized by the Government Finance Officers Association (GFOA) with its Recognition for Outstanding Public Service award.
This recognition highlights Ms. Bowman’s dedication to our members, our employers, her profession, and the broader community. The work of finance professionals is often behind the scenes, yet it is vital to the ability of government agencies to serve.
OCERS CIO Molly Murphy Named to 2025 Power 100 List for Fifth Consecutive Year
August 12, 2025
OCERS is proud to announce that Chief Investment Officer Molly Murphy has once again earned a coveted spot on Chief Investment Officer magazine’s 2025 Power 100 List, recognizing the top investment officers in the industry. This marks Molly’s fifth consecutive year on the list, with honors received every year since 2021.
Celebrating 80 Years of OCERS
August 6, 2025
This week, OCERS proudly marked 80 years of serving the public servants of Orange County with secure, reliable retirement benefits.
We were honored to receive seven certificates and resolutions, with special thanks to State Senator Tom Umberg, Assemblymember Avelino Valencia, and Clerk Recorder Hugh Nguyen for joining us in person.
Congratulations to Ms. Adele Lopez Tagaloa: New SACRS Board President
July 3, 2025
We would like to congratulate Ms. Adele Lopez Tagaloa on her appointment as President of the Board of Directors for the State Association of County Retirement Systems (SACRS).
Ms. Lopez Tagaloa brings a wealth of experience to SACRS from her various roles at the County of Orange Registrar of Voters, the Orange County Employees Association, and several other non-profit organizations.
OCERS Appoints Darren Dang as its Chief Technology Officer
May 2, 2025
Santa Ana, CA (May 2, 2025) – The Orange County Employees Retirement System (OCERS) is pleased to announce the appointment of Darren Dang as Chief Technology Officer (CTO), effective May 16, 2025. Mr. Dang brings over 25 years of leadership in technology, finance, and public-sector governance, with a distinguished track record of driving Artificial Intelligence (AI) innovation, cybersecurity modernization, and digital transformation.
Bring A Kid to Work Day 2025
April 22, 2025
Attention OCERS members: On Thursday, April 24, OCERS will be participating in Bring a Kid to Work Day!
If you’re visiting our headquarters, please be extra mindful—children and large equipment will be present throughout the building and parking lot.
Thanks for helping make this a fun and safe event!