LACERS Plans to Grow Private Equity in Near Future
As I discussed in a previous article, LACERS is careful to diversify its investments in many ways including when the investment is made. No one has a crystal ball to know exactly when is the right time to invest...
Four Things to Know From Latest LACERS Valuation
Every year at about this time it is like Christmastime for retirement nerds – also known as when the annual actuarial valuation is published! Following are four interesting things I found in this year’s valuation...
Brenda G. Smith is Retirees on the Move
Meet Brenda Smith, who says she is a “happy Retiree.” Brenda worked for the City of Los Angeles for 39 years in three departments: Building and Safety, Public Works and the LAPD, where she retired as a Sr. Management Analyst...
A Shout Out to LACERS Well!
If you ever have the opportunity to attend either by Zoom or in person one of the LACERS Well seminars, please be sure to do so as you will certainly learn something...
LACERS Sets Plan for Pacing Private Investment
Last May, the LACERS Board increased its allocation to private equity from 14 percent to 16 percent of the total fund. LACERS depends on good performance from private equity, which traditionally has high returns...
The COLA and The ‘Uncola’
If you are old enough to remember the “Uncola” 7 UP advertisements of the 1970s, then you are old enough to remember the persistently high inflation and resulting COLAs (Cost of Living Adjustments) during that decade...
Meet the 2021 Board of Directors
RLACEI
Here is your RLACEI Board of Directors!
From left: Mark Blunk, Audit Chair; Mike Perez, Golf Committee Chair; Beverly Anderson, Director; Beverly Clark, Vice President and Publicity Director; Tom Moutes, Legislative Director; Ruth Perry, President...
I’m Bugged
As annoying as flies can be, a case can be made for their benefit to nature. They attack insects that eat our food plants...
Earnest Kelley Jr. is a Retiree on the Move
Earnest Kelley Jr. retired on Oct. 26, 2009, as a Roofing Supervisor with Recreation and Parks. Earnest is very proud of his accomplishment...
