Can I borrow from my LACERA retirement?
If you are part of a contributory plan, you may withdraw your accumulated contributions from LACERA at any time (unless you return to County service or become employed in a reciprocal retirement system within six months).
What kind of retirement plan is LACERA?
Welcome to LACERA Retirement General Plan G. Plan G is a comprehensive plan that provides a wide range of pre-retirement, post-retirement, and continuing benefits for eligible survivors and beneficiaries.
What is LACERA benefit?
Health care benefits
LACERA covers 100% of healthcare premiums for Los Angeles County retirees who have at least 25 years of public service. For members with 10 years of public service, LACERA contributes 40% of health care plan premiums, with an additional contribution of 4% for each additional year worked.
How does LACERA retirement work?
Your retirement allowance is based on a percentage of your final compensation, and age is one of the factors used to determine that percentage. Between the ages of 50 and 65, the percentage increases with each quarter-year of age you attain. *In Plan A, there is no additional age benefit after age 62.