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LACERA was established on January 1, 1938, following passage of the County Employees Retirement Law of 1937 (CERL), which mandates LACERA to pay for the defined retirement benefits of Los Angeles County employees and their beneficiaries. In 1971, LACERA began administering a retiree healthcare benefits program. Management

In September 2020, the company also acquired the retirement plan business of MassMutual for $4.4 billion. Empower acquired the heritage SunTrust 401(k) recordkeeping business, which includes approximately 300 retirement plans consisting of more than 73,000 plan participants and $5 billion in plan assets.

100% of your ex-spouse’s benefit if you wait until your full retirement age. Between 71.5% and 99% of your ex-spouse’s benefit if you claim early. You can start benefits as early as...

Then you become ill at age 64. If your disability claim is approved, your benefit would increase to your full retirement benefit. Because the process of getting approved for SSDI is often so long ...

There are two broad categories of retirement plans: Defined benefit plans: With a defined benefit plan, the employer guarantees a certain monthly payment to the employee. Also known as a...

5. You're Only Working Part Time. If you claim Social Security prior to your full retirement age while still holding down a part-time job, you might have your benefits reduced if your work income ...