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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).
Under the BRS, service members will still receive a defined benefit retirement payment after 20 years of service, at a reduced multiplier of 2.0% per year of service. The Defense Department contributes 1% of a member's base pay automatically, and will match service member contributions up to 5% of the base salary.
The Florida Department of Management Services (DMS) functions as the business division of the Florida government. Its primary role is to provide support to other state agencies and both current and former state employees, focusing on workforce and business-related functions. This enables these agencies and individuals to concentrate on their ...
Specifically, employers with 50 employees or less can qualify for a 100% credit for the costs of creating and managing the plan. The credit lowers to 50% for businesses with 51 to 100 employees ...
The almost 3,000 employees who have worked for the Diocese less than 30 years will have their retirement plans switched to a 403(b) plan, essentially a 401(k) plan for nonprofits, said the report.
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Private. [1] Cetera Financial Group (commonly referred to as Cetera) is an independent wealth hub and financial services provider comprising, among other companies, one of the largest families of independent registered investment advisers and broker-dealers in the United States. As such, Cetera provides financial advisors, tax professionals ...
Prudential's CEO believes the $3.55 billion sale of its full-service retirement plan recordkeeping and administration business will help make the Newark-based company a "higher growth, less market ...