
Police Campaign Quiz
Authored by Javier Rodriguez
Professional Development
Professional Development
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What organization manages the retirement of civilian employees for the City of Los Angeles?
CalPERS
LACERA
CalSTRS
LACERS
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What organization manages the retirement of LA County employees?
LACERS
LACERA
CALPERS
CALSTRS
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What city provided product do LAPD officers use to supplement their pension?
403(b)
457
TSA
401(k)
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
By what name do LAPD officers refer to the 457 plan by?
Annuity
Deferred Comp
TSA
'The Plan'
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the greatest benefits of the 457/Deferred Comp?
No maximum contribution limit.
text free income at withdrawl.
No early withdrawl penalty before 59 1/2.
No money management fees for veterans.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What retirement system do most CA police departments (especially smaller ones) participate in?
CalSTRS
LACERA
CalPERS
CalCOPS
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What payout factor would a 60 year-old police officer receive who was on a 3% at 55 plan if he started working for the PD in 1990 and retires in 2020?
75%
80%
85%
90%
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