LEGISLATIVE REPORT: COVID-19’s Wreaking Havoc With State Budgets, Pensions
There are a lot of gloom and doom commentaries out there in the world on every kind of fallout from the novel coronavirus on every aspect of life it seems. I am just interested in how dire the impacts are on public pension systems...
LACERS BOARD UPDATE: LACERS Reports Its Earnings in Private Equity
ACERS provides your pension and health benefits in large part by returns from investments, while a lesser amount is from contributions from active members and the City...
A Note on COVID-19
The Board is confident that you are taking the proper precautions to stay as healthy and as safe as possible, following the policies that governmental agencies are recommending...
Meet Your RLACEI Board Member: Verkin (Vicki) Koeseian
Verkin (Vicki) Keoseian retired in March after 37 years of City service. During Vicki’s extensive City career, she worked for City Planning, Personnel, Rec and Parks, LAPD and LAFD...
Meet the Personnel Breakfast Group – Part II
This lively group of Retirees on the Move was introduced last month. The Personnel Breakfast Group, aka the Golden Girls and the Bronze Girls, all worked in Personnel and are now retired...
The City’s Annual Contribution to LACERS
The Los Angeles City Employees’ Retirement System (LACERS) Board is charged with investing $18 billion to help ensure the retirement security...
Lifes Moments: Retirements Listing July 2020
Here’s a listing of all those who retired from the City this month.
Fernie ‘ELVIZ’ Ramirez is a Retiree on the Move.
Fernie Ramirez retired March 24 from LAPD Training Division’s Art Unit after 32 years of City service. He worked about 16 years at the L.A. Zoo and about 16 years with the LAPD as a Graphic Designer...
Canceling Is No Picnic
This year’s annual RLACEI summer picnic, scheduled for Aug. 6 at Grace E. Simons Lodge, has sadly but reasonably been canceled due to the ongoing coronavirus pandemic...
Actuarial Studies, and Why They Matter
One of the most important things the LACERS Board does is to make sure the demographic and economic actuarial assumptions it is making about our plan are as accurate as possible...
