Happy, healthy employees are better able to service our city, are more innovative and present at work, and contribute more actively to their communities. That's why our benefits help our employees balance five key well-being elements that make life and work more meaningful: their physical health, financial security, social relationships, career engagement, and community involvement.
Our benefits are some of the best in the public sector, with competitive pay, insurance coverage, career development and many other great perks.
The City of Torrance offers three ways to save for your retirement:
Employees hired after January 1, 2013, that are new to CalPERS, or are returning members with a break in service greater than six months, will be enrolled in the formula 2% @ 62 retirement plan which is funded through contribution from both employer and employee. Employee contributes 7% on a pre-tax basis.
For more information, please contact the Human Resources Division or visit www.socialsecurity.gov
*Miscellaneous employees participate in Social Security retirement. Sworn Safety employees do not participate in Social Security retirement. All employees participate in Medicare.