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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
If a retiree does not take any action after receiving the official notification, the agency said it can involuntarily deduct from the person’s monthly benefit at a rate of 15% of net disposable pay.
The median mortgage payment in 2022 was $1,400 per month, based on data from the U.S. Federal Reserve. But for loan applicants in October 2023, the median mortgage payment was $2,199, according to ...
The Lilly Ledbetter Fair Pay Act of 2009 ( Pub. L. 111–2 (text) (PDF), S. 181) is a landmark federal statute in the United States that was the first bill signed into law by U.S. President Barack Obama on January 29, 2009. The act amends Title VII of the Civil Rights Act of 1964 and states that the 180-day statute of limitations for filing an ...
Rising Medicare Part D premiums come as retirees receive a much smaller Social Security cost-of-living adjustment in 2024 — 3.2% compared to the 8.7% increase in benefits they received in 2023 ...
Passed the House on December 8, 2006 (voice vote) Passed the Senate on December 9, 2006 (unanimous consent) Signed into law by President George W. Bush on December 20, 2006. The Postal Accountability and Enhancement Act (PAEA) is a United States federal statute enacted by the 109th United States Congress and signed into law by President George ...
One-fifth of adults 50 and older have no retirement savings, and more than half (61%) are worried they won’t have enough money to pay the bills in retirement — at least in the United States ...
In 2014, the NRA lobbied for a bill in Pennsylvania which grants it and other advocacy groups legal standing to sue municipalities to overturn local firearm regulations passed in violation of a state law preempting such regulations, and which also allows the court to force cities to pay their legal fees.