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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]
The California Public Employees' Retirement System (CalPERS) is an agency in the California executive branch that "manages pension and health benefits for more than 1.5 million California public employees, retirees, and their families". [3][4] In fiscal year 2020–21, CalPERS paid over $27.4 billion in retirement benefits, [5] and over $9.74 ...
457 plan. The 457 plan is a type of nonqualified, [1][2] tax advantaged deferred-compensation retirement plan that is available for governmental and certain nongovernmental employers in the United States. The employer provides the plan and the employee defers compensation into it on a pre tax or after-tax (Roth) basis.
Deferred compensation is a way for employees to reduce their tax burden while ensuring their economic security in their golden years. Deferred compensation plans with a long vesting period are ...
Non-qualifying. Deferred compensation is a written agreement between an employer and an employee where the employee voluntarily agrees to have part of their compensation withheld by the company, invested on their behalf, and given to them at some pre-specified point in the future. Non-qualifying differs from qualifying in that.
Los Angeles County is the most populous county in the United States, and the largest municipal government in the nation. If the County were a state, it would be the 9th most populous state in the United States, in between Georgia and North Carolina. As of 2020, the Board of Supervisors oversees a $35.5 billion annual budget and over 112,000 ...
The Los Angeles County Sheriff's Department, which was founded in 1850, was the first professional police force in the Los Angeles area. The all-volunteer, Los Angeles-specific Los Angeles Rangers were formed in 1853 to assist the LASD. They were soon succeeded by the Los Angeles City Guards, another volunteer group.
Website. lacounty.gov. Los Angeles County, officially the County of Los Angeles (Spanish: Condado de Los Ángeles), and sometimes abbreviated as L.A. County, is the most populous county in the United States, with 9,861,224 residents estimated in 2022. Its population is greater than that of 40 individual U.S. states.