The following tables outline the benefits for both Miscellaneous and Safety at Merced County Employees’ Retirement Association (MercedCERA) members.
| Miscellaneous Members |
| Tier |
Formula (maximums) |
Minimum AGe |
|
I
|
3% at 60
|
Age 50 with 10 years of service
Age 65 if hired before December 31, 1978
Age 70 with any years of service
Any age with 30 years of service
|
|
2
|
3% at 60
|
Age 55 with 10 years of service
Age 70 with any years of service
Any age with 30 years of service
|
|
3
|
2.43% at 65
|
Age 55 with 10 years of service
Age 70 with any years of service
Any age with 30 years of service
|
|
4
|
2.5% at 67
|
Age 52 with 5 years of service
Age 70 with any years of service
|
| Safety Members |
| Tier |
Formula (maximums) |
Minimum age |
|
1
|
3% at Age 50
|
50 with 10 Years
65 if hired before December 31, 1978
70 with any Years
Any Age with 20 Years
|
| 2 |
3% at Age 50
|
50 with 10 Years
70 with any Years
Any Age with 20 Years
|
| 3 |
2.62% at Age 55
|
50 with 10 Years
70 with any Years
Any Age with 20 Years
|
| 4 |
2.7% at Age 57
|
50 with 5 Years
70 with any Years
|
