Kern County Employees' Retirement Association (KCERA) is a multiple-employer defined-benefit public pension fund based in Bakersfield, California. Established in 1945, KCERA administers service retirements, disability retirements and survivorship benefits on behalf of nearly 18,000 active, deferred and retired members and their beneficiaries. The plan provides lifetime retirement benefits to members who meet the minimum age and service credit requirements. KCERA's mission is to administer retirement benefits, invest the assets of the association and provide quality membership services to eligible public employees, retirees, and their beneficiaries. Oversight of the retirement plan is vested in the nine-member board of retirement, but the day-to-day administration of KCERA is carried out by the Executive Director, whose leadership team manages administration, retirement services, financial services, information technology, and communications.