The ACERA plan offers members a secure, guaranteed, lifetime monthly retirement allowance during their retirement.
In addition to ACERA’s retirement allowance, there are a variety of income sources available to you in retirement, such as Social Security, your balance in a defined contribution savings plan such as a 401(k), 403(b), or 457 plan, an IRA, or your own personal savings account.
Social Security offers retirement, survivor, Medicare, and disability benefits—available under the Social Security Act—to eligible employees. Social Security benefits are provided through the federal government and are separate from contributions to and benefits from ACERA.
Eligibility for Social Security benefits is set by federal law. You may contact the nearest Social Security office or refer to www.ssa.gov for information about your rights and benefits under Social Security.