DOUBLE ACCOUNT
If you earned service credit in Plan D (or another contributory plan) and are vested in Plan E, you may be eligible to retire under a double account.

• Service credit in a contributory plan
• A minimum of ten years of service credit in Plan E

Eligibility to retire from each plan is determined independently, based on the requirements of each plan. Service credit you earned in one plan cannot be used to meet the requirements of your other plan. However, if your double account was created through a PPT, service credit earned under each plan will be combined and applied toward your vesting requirements.

RETIRING UNDER DOUBLE ACCOUNT: PLAN D AND PLAN E
If you meet the other eligibility requirements, you are eligible to retire under Plan D at age 50. If you also have at least ten years service credit in Plan E, you become eligible for Plan E retirement at age 55.*

When making retirement decisions, it is important to consider the following:
If you retire under Plan D, your Plan E retirement benefits automatically become effective on the date of your 55th birthday. The retirement allowance check issued for the month of your birthday will reflect your Plan D allowance, plus your monthly Plan E benefit, prorated according to the date of your birthday. Thereafter, your checks will reflect the total of your full monthly Plan E and Plan D benefits.

For questions regarding your retirement account, call 1-800-786-6464 to speak with a LACERA Retirement Benefits Specialist.

*The total amount of service credit you accrue under all LACERA plans counts toward your County retiree health care subsidy; certain eligibility rules apply.

8/7/09