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THE COST
Your request to purchase service credit will be individually evaluated.
After your service has been verified, LACERA will calculate the
cost based on:
- Your date(s) of membership in LACERA
- The
types of service credit you are requesting to purchase
- Your
prior and/or current retirement plan
PROJECTING THE INCREASE TO YOUR MONTHLY RETIREMENT ALLOWANCE
You can use either of these interactive online tools to project
how the addition of service credit will affect your retirement
allowance.*
Create
Your Own Retirement Benefit Estimate
- Most
accurate, detailed, and personalized Retirement Benefit Statement
you can create on your own
- Uses
your data currently on file as the basis of its calculations
- Allows
you to create multiple estimates based on different scenarios
Retirement
Calculator
- Allows
you to enter your own data (including your years and months of
service credit)
- Uses
current actuarial tables to approximate your monthly retirement
allowance
- Displays
Unmodified and the Unmodified+Plus Options allowances only
*Calculations
created by these tools are NOT official LACERA estimates.
4/18/08 |