LACERA is a public retirement plan duly created and operating under the County Employees Retirement Law of 1937, set forth at California Government Code. CalPERS builds retirement and health security for California state, school, and public agency members.We manage the largest public pension fund in the US. LACERA is an independent governmental entity that administers and manages the retirement fund for the County of Los Angeles and outside districts. Open access academic research from top universities on the subject of Retirement Security Law. This allows for some portability of retirement benefits. Please contact the administrator at the phone number listed in the database. At Mercer, we believe in brighter — we redefine the world of work, reshape retirement and investment outcomes, and unlock real health and well-being. This article lists the statutory retirement age in different countries. The FRA in the United States is 66 years and two months for those born in 1955, increasing gradually to 67 for those born in 1960 or later.