Section V: TERMINATING EMPLOYMENT 1. Q: What is a deferred member?
A deferred member is a vested LACERA member who terminates County or outside district employment and leaves his or her plan contributions on deposit with LACERA. Contributory members (Plan A, B, C, or D) are vested with five or more years of County (or County and reciprocal) retirement service credit, Plan E members are vested with ten years of County service retirement credit. Deferred members may apply for a LACERA retirement allowance upon meeting the minimum age and service credit requirements set forth in their respective retirement plans.
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- Section V: TERMINATING EMPLOYMENT 1. Q: What is a deferred member?