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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]
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Employees hired after 1983 are required to be covered by the Federal Employees Retirement System (FERS), which is a three tiered retirement system with a smaller defined benefit (pension), Social Security, and a 401(k)-style system called the Thrift Savings Plan (TSP). The defined benefits of both the CSRS and the FERS systems are paid out of ...
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Its effects extend to all employees of state, county, municipal and special districts in 26 states. ... Even though supporters of the Social Security Fairness Act argue it will only drain the ...
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The Orange County Employees Association (OCEA), located in Santa Ana, California, is a public employee labor union in Orange County, representing about 18,000 employees. OCEA was founded in 1937. OCEA was founded in 1937.
The most recent data available from the 10 largest US cities and other comparable departments shows the Los Angeles Fire Department is less staffed than almost any other major city, leaving it ...