Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

I transferred prospectively from Plan E to Plan D and I have double accounts with LACERA. Can I withdraw my Plan D retirement contributions and keep my vested Plan E service credit?

0
Posted

I transferred prospectively from Plan E to Plan D and I have double accounts with LACERA. Can I withdraw my Plan D retirement contributions and keep my vested Plan E service credit?

0

No. If you withdraw your Plan D contributions, you will forfeit all your future retirement benefits, including any disability or vested Plan E benefits. LACERA is a single-plan benefit administrator. A double account status reflects one active and one inactive plan. You cannot terminate and withdraw some of your plan benefits without losing all your future benefits.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123