The Perils of Divestment
Recently, the City Council adopted a motion that, among other things, would have LACERS divest from some fossil fuel companies and other companies that “contradict the City Council’s official positions...
LACERS Investment Performance in Top 15%
LACERS’ investment consultant, NEPC, recently reported on our investment returns for the quarter ending Sept. 30, 2020. Again, as in the second quarter (ending June 30), the returns were strong...
A Note on COVID-19
With the distribution of the vaccine, there is hope that soon we will be able to get back to some type of normalcy...
Lifes Moments: Retirements Listing February 2021
Here’s a listing of all those who retired from the City this month.
Lifes Moments: Retirements Listing March 2021
Here’s a listing of all those who retired from the City this month.
Retiree Healthcare Is City Council Target
A Council motion presented by Bob Blumenfield and Paul Krekorian and seconded by Paul Koretz could harm your Retiree health benefits. That motion (Council file number 20-1606) aims to reduce...
LACERS Reviewing Its Asset Allocations
As a long-term investor, LACERS invests the assets of the portfolio to pay the long-term benefits earned and owed to its active and Retiree members and beneficiaries...
A Word on COVID-19
“In tough times, the best way to overcome hardship is to lean on all of your loved ones, but the novel coronavirus pandemic has made that quite impossible to do. Some may be quarantining...
