Planning Your Retirement

Overview

Plan Your Retirement

As a member of OCERS you are part of a program designed to help you achieve a secure future. OCERS provides eligible employees of the County of Orange and other participating employers the opportunity to earn retirement benefits they can count on. We offer a lifetime benefit at retirement, disability and survivor protection.

Post

OCERS Key Terms

Actuarial valuation: a mathematical estimate of a pension plan’s financial standing at a specific point in time

Annuity: a series of retirement payments that come from your contributions and interest for a specified period of time (number of years, lifetime, etc.)

Beneficiary: a person that you name in writing to receive certain benefits provided by your plan upon your death