2025 Update for Anthem I, II, and Prudent Buyer Plans Plan with Confidence: Sign up for Webinars designed for every career stage Sign up for My LACERA and access your online LACERA account! I would like to... Start my retirement planning ...
Medicare is the national health insurance program for individuals over 65 or those younger than 65 who are disabled. Depending on your retirement plan and personal circumstances, you may have additional healthcare options or you may be required to enroll in Medicare Parts A and B at age 65....
My LACERA, your secure, online retirement account, where you can view your retirement information and perform a variety of self-service transactions Retirement University, with workshop videos covering topics such as LACERA retirement plans and strategies, retiree healthcare, Medicare, and more ...
Retiree Healthcare LACERA-administered retiree healthcare benefits (Tier 1) Cost of Living Allowance (COLA) Retirement allowance eligible for COLA increases for service earned after June 4, 2002 Disability, Death, and Survivor Provisions LACERA does not pay disability or death benefits for active ser...
Board of Retirement Agendas and Minutes Board of Investments Agendas and Minutes County Lawsuit Petition for Writ of Mandate Investments Holdings Fund Performance Financial Data and Accounting Current Annual Financial Reports Archived Annual Financial Reports ...
*The total amount of service credit accrued under all LACERA Plans counts toward the County retiree healthcare subsidy; certain eligibility rules apply. SeePaying for Coverage. Dual Status Dual status refers to a member who has accrued service credit both as a general member and a safety member...
On NSCDs, the County healthcare subsidy applies to members with 10 or more years of service credit; no exceptions are made on NSCDs with less than 10 years of service credit.(SeeCost of Medical and Dental Planson section 8 Post-Retirement Healthcare.) ...
has amaximum benefit age, and postponing your retirement after that age will not increase your benefit. If you are a reciprocal member, check all your systems’ plans for the maximum benefit age (LACERA’s charts are available in your online plan book under Calculating Your Retirement Allowance...
For members with 10 years of service credit, the County contributes 40 percent of your healthcare plan premium or 40 percent of the benchmark plan rate, whichever is less. For each additional year of retirement service credit, the County contributes an additional 4 percent, up to a maximum ...
Current COLA Accumulation Chart According to the provisions of LACERA retirement plans, if the COLA percentage exceeds the maximum allowable amount, the excess percentage is accumulated to supplement future COLA benefits (called the COLA accumulation). LACERA uses the COLA accumulation balances available...