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CalSTRS was established by law in 1913 and is part of the State of California's Government Operations Agency. As of September 2020, CalSTRS is the largest teachers' retirement fund in the United States. CalSTRS is also currently the eleventh largest public pension fund in the world. [2]
The Los Angeles County Employees Retirement Association (LACERA) is an independent Los Angeles County agency that administers and manages the retirement fund for the County and outside Districts (Little Lake Cemetery District, Local Agency Formation Commission for the County of Los Angeles, Los Angeles County Office of Education, and South Coast Air Quality Management District). [3]
The measure was passed by the voters. CCCERA began functioning on July 1, 1945. As of 2008, 20 of California's 58 counties have retirement systems that follow the stipulations of the ’37 Act. The service retirement, disability, death and survivor benefits provided by CCCERA are administered by a 12 member Board of Retirement.
The California Employers’ Retiree Benefit Trust Fund was established by CalPERS in March 2007 to provide California public agencies with a cost-efficient, professionally managed investment vehicle for prefunding other post-employment benefits (OPEB) such as retiree health benefits. Prefunding reduces an agency's long-term OPEB liability.
The Southern California Regional Occupational Center or SoCal ROC is located in Torrance, California. It is a Joint Powers Authority serving 6 school districts (Inglewood, Manhattan Beach, Palos Verdes Peninsula, Redondo Beach, El Segundo, and Torrance). As of 2020, the six school districts sent less than 20 high school students each. [1]
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In 2021, the average retirement age in the U.S. was 64.7 for men and 62.1 for women, according to research by the Center for Retirement Research at Boston College.
The company was reincorporated as the Worshipful Company of Tobacco Pipe Makers and Tobacco Blenders in 1954 by members of the Briar Pipe and Tobacco Trades, and in 1960 became a Livery Company once more, ranked 82nd in the order of precedence. The Company elected its first female Master, Fiona J Adler, in 2011.