City’s Budget Process: A Follow-Up
Last month, I wrote about two things Retirees should watch for in the City’s budget process: the projections of City retirement contributions; and the projected City budget deficits for fiscal year 2022-23 and beyond...
A Tribute: John Shadle
Members of RLACEI and the RLACEI Board send condolences to the family and friends of longtime member John Shadle, who passed away March 14 at the age of 99. He would have turned 100 this December...
Spring Fling
The Spring Fling held at Grace E. Simons Lodge April 14 brought together friends that have not seen each other for more than two years – since the pandemic began in 2020...
Two Things to Watch for In the Budget Process
Each fiscal year, the City Council’s Budget and Finance Committee and City Council consider the mayor’s proposed budget for the following fiscal year. By the time you read this article, the mayor will have proposed his budget to...
LACERS Increases Private Equity Maximums
Private equity is one of LACERS’ most important investment classes and one we depend on to produce the returns needed to keep our plan strong. The Board of Administration has approved moving the...
LACERS’ Investment Return
One of the most important pieces of information LACERS provides each fiscal year is how its investments fared. For fiscal year 2021-22, it appears the news is not good...
Remembering Jean Low
Many Retired Public Works/Street Maintenance employees will remember Jean Low, a career long office manager and Secretary to many division heads. Jean recently passed away, after 36 years of City service...
Retireee on the Move: Meet Lupe Ortiz
Lupe Ortiz retired on May 8, 2021, after more than 36 years with the City. She worked in various departments, including Public Works/Sanitation and /Street Services, Economic and Workforce Development, Housing, Rec and Parks,...
When COLA Increase Seems Insufficient
We all feel it – gas prices skyrocketing, food prices rising, rents getting higher. Currently, we are seeing increases in the Consumer Price Index (CPI) unlike anything we have seen in the last 40 years!...
