You are eligible if you are age 55 with 25 years of service or age 60 with 8 years of service. In order to retire, you must submit a retirement application to ACERA.Below are the investment options available in the Oakland County Retirement System. We have included documentation to answer various questions. Complete and submit the 457 Deferred Compensation Plan enrollment form and submit to Michael Akanji, City of Oakland Benefits Technician. To get started simply fill out the contact form below or give us a call. We're happy to help! ACERA requires that payments be made via direct deposit. Forced retirement is an issue that falls under age discrimination.