In the event of your death during active membership, the appropriate death benefit will be paid to your designated beneficiary(ies) that you indicated when you enrolled in ACERA or subsequently through an ACERA Active or Deferred member Beneficiary Designation Form. The death benefits available to your beneficiaries are detailed in the tables below.
In addition to your vested (guaranteed) benefits, ACERA offers retirees a range of non-guaranteed (non-vested) benefits. The levels of these benefits are reviewed each year by the Board of Retirement, are based on the availability of reserve funds, and may be reduced or eliminated at any time. Because the Board tries to keep these reserve funds sustainable, eligibility requirements for these benefits are also subject to change.