Yes. If you work or worked in a full-time retirement-eligible
position for one of ACERA’s participating employers, membership
in ACERA is mandatory.
Are retirement contributions mandatory?
Yes. If you are an active member of ACERA, which means you’re in
active status in a retirement-eligible position, it is
mandatory that you contribute to ACERA from each paycheck. Your
employer will set up the payroll system to automatically deduct
your employee retirement contribution from each paycheck.
Can I borrow against my ACERA contribution account or use my
account balance as collateral for a loan or mortgage?
No. Since your employee contributions are not refundable until
you terminate employment, they cannot be used as collateral to
secure a loan while you are still employed or while you are an
Are the employer contributions that my employer makes to ACERA on
my behalf refundable?