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BENEFITS


ACTIVE MEMBER

OUR RELATIONSHIP

Throughout your County career, we will communicate with you on the latest retirement information, laws, procedures, and service options, via our newsletters, workshops, Call Center, Member Service Center, and here on lacera.com.

YOUR RETIREMENT PLAN

LACERA has nine retirement plans. Except for Plan E, all are contributory plans; Plan E is a non-contributory plan. Only General Plan G and Safety Plan C are open to new members.

General Members:

Plan A, Plan B, Plan C, Plan D, Plan E, and Plan G

Safety Members:

Plan A, Plan B, and Plan C

EMPLOYEE CONTRIBUTIONS

The retirement fund relies on three sources of funding: investment earnings, employer contributions, and employee contributions (except for Plan E).

Employee contributions are structured as a percentage of the member’s monthly earnings and are collected from contributory plan members through automatic payroll deductions. Read Contribution Rates and Understanding Interest to learn how these rates affect certain active member transactions, and see the specific contribution rates on the General Member Contribution Rates or Safety Member Contribution Rates pages.

You can review the details of your retirement plan and see any recent updates within our Plan Book section. Read your Plan Book to see if you’re eligible to purchase previous service credit or transfer retirement plans.

COMPENSATION LIMITS

Federal and state laws limit the annual compensation that may be used to calculate retirement benefits or that an individual may receive, depending on date of LACERA membership.

  • Internal Revenue Code (IRC) Section 401(a)(17) limits the amount of compensation that can be used to calculate a participant’s retirement benefit; it applies to those in General Plans D and E who entered LACERA membership on or after July 1, 1996.
  • PEPRA also limits the amount of compensation that can be used to calculate benefits; it applies to those who first entered membership on or after January 1, 2013 (General Plan G and Safety Plan C members).
  • IRC 415(b) limits the amount an individual can receive annually from a defined benefit plan and applies to individuals who entered LACERA membership on or after January 1, 1990 (Plan A is exempt).

For more information, see the Compensation Limits page or call 800-786-6464 to speak with a LACERA Retirement Benefits Specialist.

PENSIONABLE COMPENSATION

Members hired on or before December 31, 1995 may be eligible to include a portion of County cafeteria plan contributions as compensation earnable. See the Cafeteria Plans page for more information.

FACTORS THAT COULD IMPACT YOUR RETIREMENT BENEFIT

As you progress through your career and contemplate retirement, you may be interested how Social Security, Dissolution of Marriage, and the Windfall Elimination Provision, may affect your retirement.

PRE-RETIREMENT WORKSHOP

The pre-retirement workshop will help you understand the retirement process, give you tips, and help you prepare for a successful retirement. We recommend you attend the workshop at least five years prior to your retirement date.

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