LACERA is an independent governmental entity that administers and manages the retirement fund for the County of Los Angeles and outside districts. We are the largest county retirement system in the United States.
Retirement Options At the time of retirement,Plan D allows you to choose from six Retirement Options.The Option you elect affects the amount of your retirement allowance, your survivor’s eligibility for LACERA-administered healthcare, and the amount of the continuing benefit payable to your spouse...
From the day you enter the LACERA family, we provide you with a wealth of educational resources and service options. From workshops explaining strategies for maximizing your retirement, to quarterly newsletters, to lacera.com, our online reservoir of all things LACERA… we stand with you as you...
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....
Marriage or registration of California domestic partnership must have occurred prior to member’s retirement; one-year requirement does not apply If one of the numbered Retirement Options was elected: Benefit paid to beneficiaries will be based upon the Option chosen ...
Your retirement benefits are determined by your plan, age at retirement, amount of service credit, and final compensation. An outline of your plan’s basic provisions is provided below for quick reference. For more detailed explanations about your plan’s provisions, refer to your onlineplan boo...
When LACERA processes your retirement, we send you a balance of contract letter, generallywithin 30 daysafter your retirement date, providing you with the options you have to pay or complete the contract. Why do we wait? Most members enter into before-tax contracts that cannot be altered or ...
At the time of retirement, Plan E allows you to choose from five Retirement Options. The Option you elect affects the amount of your retirement allowance, your survivor’s eligibility for LACERA-administered healthcare, and the amount of the continuing benefit payable to your spouse, domestic par...
Retirement Options At the time of retirement, Plan C allows you to choose from six Retirement Options. The Option you elect affects the amount of your retirement allowance, your survivor’s eligibility for LACERA-administered healthcare, and the amount of the continuing benefit payable to your spo...
From the day you enter the LACERA family, we provide you with a wealth of educational resources and service options. From workshops explaining strategies for maximizing your retirement, to quarterly newsletters, to lacera.com, our online reservoir of all things LACERA… we stand with you as you...