LACERA Revenue and Competitors

LACERA administers and manages the retirement fund for the County of Los Angeles (County). We are the largest county retirement system in the U.S., serving more than 158,000 members. Our membership is comprised of individuals from a diverse range of careers, age groups, and ethnicities — all contributing to the greater welfare of Los Angeles County. We are an independent governmental entity, separate and distinct from the County. Our fiduciary responsibility is to promote, enhance, and efficiently administer a financially sound retirement and health care benefits program through prudent investment and conservation of plan assets. LACERA has been providing retirement, disability, and death benefits to eligible County employees, retirees, and their beneficiaries since 1938. In 1971, we began administering a retiree health care benefits program.