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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 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.
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 ...
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 ...
Changes to retirement plan contributions. The Internal Revenue Service announced record-high maximum annual contributions to 401(k) and similar retirement accounts for 2023. Workers who have a 401 ...
Santa Fe Southern Pacific sold its 520,000 acres of northern California timberland to Sierra Pacific Industries in 1987. [ 3 ] After the Interstate Commerce Commission denied their plan to merge their railroads as the Southern Pacific Santa Fe Railroad , [ 4 ] the holding company name was shortened, and the Southern Pacific Railroad sold.
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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.