When the employee (who is not an underground mining employee) reaches the compulsory retirement age of 65 years, his employer may retire him and pay him. The Employees' Retirement Fund of the City of Dallas is a defined benefit plan for City of Dallas' non-uniformed, permanent employees.There are two basic types—traditional and Roth. ERISA is a federal law that sets minimum standards for retirement plans in private industry. Lockton is the world's largest independent insurance brokerage providing customized solutions to meet your organization's risk, benefits and retirement needs. Many of those openings are expected to result from the need to replace workers who transfer to different occupations or exit the labor force, such as to retire. From equity to retirement to college savings, our solutions help employees achieve their financial goals, so they can take your company to new heights. All VBA regional offices are open and offering in-person public facing services for Veterans and their families.