The Alameda County Employees’ Retirement Association (ACERA) is the retirement pension plan for public employees in Alameda County, California who work for some of the county’s public employers. ACERA was established in 1948 by the Alameda County Board of Supervisors to provide retirement, disability, and death benefits to Alameda County and member district employees.
The ACERA retirement plan provides lifetime benefits to members of the retirement system who meet the minimum age and length-of-service requirements or are eligible for disability retirement. The plan is a significant and fundamental part of the comprehensive benefits package that participating employers offer to eligible employees.
ACERA is governed by Federal and State laws including but not limited to the provisions of the County Employees Retirement Law of 1937 (CERL), found in sections 31450–31898 of the California Government Code.
What We do
The ACERA organization works to provide members and participating employers with cost-effective benefits, to prudently manage investment of ACERA plan funds, and to provide superior service to our members.
The ACERA organization is committed to carrying out the ACERA mission through a competent, professional, impartial and open decision-making process. In providing benefits and services, all persons are treated fairly and with courtesy and respect. Investments are managed to balance the need for security with superior performance. We expect excellence in all activities.
ACERA was established by the Alameda County Board of Supervisors under Ordinance No. 446, dated October 21, 1947. ACERA is a separate public entity governed by the provisions of the County Employees Retirement Law of 1937, Title 3, Division 4, Chapter 3, commencing with Section 31450 of the California Government Code and case law applicable to public employee pension plans. On January 1, 1948, ACERA became operative to provide retirement, disability, and death benefits to the General and Safety members employed by Alameda County.
The retirement plan provides lifetime benefits to members of the retirement system who meet the minimum age and length-of-service requirements and is a significant and fundamental part of the comprehensive benefits package ACERA provides to eligible employees.
Over the years, ACERA has expanded its member services to include employees of the Alameda County-based Superior Court of California and the five special districts of the County, as well as to administer retiree health care, dental care, vision care, and supplemental cost-of-living benefits.
ACERA’s plan is a defined benefit pension plan, qualified under Section 401(a) of the Internal Revenue Code. Funding of a defined benefit pension plan is based on a cost sharing principle through employee and employer contributions rates, which are determined annually upon recommendation by the plan’s actuary. Therefore, retirement benefits are determined by a formula and not on an individual’s account balance.
The ACERA Board of Retirement is responsible for establishing policies governing the administration of the retirement plan and managing the investments of the system’s assets. The Board has nine members and two alternate members. The Alameda County Board of Supervisors appoints four members and six are elected by ACERA’s membership. The County Treasurer is an ex-officio member.
The Board of Retirement oversees the Chief Executive Officer and staff in the performance of their duties in accordance with the County Employees Retirement Law of 1937, ACERA’s by-laws, and Board policies.
To provide ACERA members and employers with flexible, cost-effective, participant-oriented benefits through prudent investment management and superior member services.
Commitment (Board and Staff)
To carry out our Mission through a competent, professional, impartial and open decision making process. In providing benefits and services, all persons will be treated fairly and with courtesy and respect. Investments will be managed to balance the need for security with superior performance. We expect excellence in all activities. We will also be accountable and act in accordance with the law.
To create an environment in which Board Members can maximize their performance as trustees
To improve the level of benefits and delivery of services provided to members and employees
To improve communications with members and employers
To attract, develop and retain competent and professional staff
To achieve and maintain top quartile investment performance as measured by the Public Fund Universe
Alameda County and member districts that participate in ACERA’s pension plan are referred to as “Participating Employers.” Their employees who work in retirement-eligible positions are members of ACERA and earn credit toward retirement and other benefits. ACERA’s participating employers are :
The County Employees Retirement Law of 1937 (CERL), as amended, beginning at California Government Code Section 31450, et seq., is a body of law enacted to govern retirement benefits for certain public employees. The CERL governs retirement systems for county and district employees in those counties adopting its provisions pursuant to Cal. Gov. Code §31500. Twenty California counties operate retirement systems under the provisions of the 1937 Act, which sets forth the policies and regulations governing the actions of these county retirement systems.
Retirement Law Book
The Retirement Law Book was prepared by the Los Angeles County Employees Retirement Association (LACERA) for the State Association of County Retirement Systems (SACRS).
The Alameda County Employees’ Retirement Association (ACERA) provides these pages as a service primarily to its members, their beneficiaries and the public generally. ACERA makes no representations or warranties, express or implied, with respect to any statements and/or documents, or any part thereof, including any warranties of title, noninfringement of copyright or patent rights of others, merchantability, or fitness or suitability for any purpose.
California Government Code Section 6270.5 requires ACERA to publish a catalog of our enterprise systems. Enterprise Systems are large-scale application software packages that support business processes, information flows, reporting, and data analytics. Below is a table cataloging ACERA’s enterprise systems.
Form 801 is used to report certain payments received by state and local government agencies that are used for agency purposes and paid by a third party. Fair Political Practices Commission (FPPC) Regulations 18944 and 18950.1 provide a procedure that agencies may use to disclose these payments, which may include a payment for an official’s travel expenses for the purpose of facilitating the public’s business in lieu of using agency funds; and a payment that would otherwise be considered a gift or income to the benefiting official, but is instead accepted on behalf of the agency.