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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 Michigan Office of Retirement Services (ORS) administers retirement programs for Michigan 's state employees, public school employees, judges, state police, and National Guard. ORS also provides various retiree healthcare benefits, including traditional insurance plans, Personal Healthcare Funds, and Health Reimbursement Accounts.
Website. www .rrb .gov. The U.S. Railroad Retirement Board ( RRB) is an independent agency in the executive branch of the United States government created in 1935 [2] to administer a social insurance program providing retirement benefits to the country's railroad workers. The RRB serves U.S. railroad workers and their families, and administers ...
MTA Chairman Tom Prendergast Announces Retirement - New York City, NY - His retirement announcement comes a day after the opening of the Second Avenue subway.
The Civil Service Retirement System ( CSRS) is a public pension fund organized in 1920 that has provided retirement, disability, and survivor benefits for most civilian employees in the United States federal government. Upon the creation of a new Federal Employees Retirement System (FERS) in 1987, those newly hired after that date cannot ...
Retirees are staying in defined-contribution (DC) plans long after retirement, according to T. Rowe Price. DC plans are typically tax-advantaged accounts, such as 401(k)s and 403(b)s, offered by ...
The Los Angeles County Metropolitan Transportation Authority operates the third-largest public transportation system in the United States by ridership with a 1,433 mi 2 (3,711 km 2) operating area and 2,000 peak hour buses on the street any given business day. Metro also operates 109 miles (175 km) of urban rail service. [1]
I called out new data from the Federal Reserve Bank of New York showing that most Americans don’t expect to work beyond their early 60s. The number of workers who plan to work full time beyond ...