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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 retirement benefit structure of CCCERA is based upon the County Employees Retirement Law (CERL) of 1937, commonly referred to as the “37 Act.” On March 6, 1944, the Contra Costa County Board of Supervisors voted to adopt an ordinance giving county voters the opportunity to accept or reject the CERL as the framework for 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 new regulation addresses an ambiguity in California retirement law, which says retirees may return to work for a “limited duration” in emergencies and when employers need retirees ...
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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]
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Texas-California Pipe Line (1947): Federal Power Commission Docket No. G-675. [ 16 ] 214 miles of 30-inch pipeline between Blythe and Santa Fe Springs , built in cooperation with the Southern Counties Gas Company , connecting to the 720 mile 26-inch El Paso Natural Gas Company line between the Eunice compressor station in Lea County, New Mexico ...