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A group of Farmington administrative retirees have asked city officials to review recent changes to retiree health care benefits, and council members will review their request during a...
In 2012, it managed defined benefit pension plans for 156,563 civil servants (members), including 56,752 retirees, making it the largest county retirement system in the United States. In 2018, LACERA's net assets were worth US$55.8billion.