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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
The Public School Employees’ Retirement System (PSERS) is a pension fund for public school employees in the Commonwealth of Pennsylvania.Eligible members include all full-time public school employees, part-time hourly public school employees who render at least 500 hours of service in the school year, and part-time per diem public school employees who render at least 80 days of service in ...
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Food is a significant expense for retirees, with the BLS estimating it accounts for about $411 in monthly spending — or $4,938 annually. By comparison, the average retiree household spends ...
Here’s how to invest your money after retirement so it can continue to last you through your golden years. 1. Calculate your retirement expenses. When you were saving for retirement, you were ...
Retirement savings plans in the U.S. usually focus on 401(k) accounts, IRAs or pensions, but there’s another option that has begun to draw interest from an increasing number of older Americans ...
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