Anti-Social Distancing
If there is any silver lining in the dark cloud of the COVID-19 pandemic, it has to be the implementation of social distancing: What a blessing it has been to those curmudgeonly types who border on being anti-social...
Meet Your Board: Nancy Hammoudian
Meet RLACEI’S newest Board Member, Nancy Hammoudian. Nancy was installed at the RLACEI general membership meeting, held April 14 at Grace E. Simons Lodge...
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...
