Best Wishes, Michael

Michael Karsch, longtime RLACEI Board Member and Alive! columnist on national pension matters, has resigned from both of those responsibilities to spend more time at home enjoying family...

Lifes Moments: Retirements Listing July 2020

Here’s a listing of all those who retired from the City this month.

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...

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...

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...

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...

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...

LEGISLATIVE REPORT: Struggles With Public Pensions Now in Court

The struggle with public pensions in California is coming before the State Supreme Court again. On May 5, that court was expected to hear arguments in the case of Alameda County Deputy Sheriff’s Association vs. Alameda County...

Meet the Personnel Breakfast Group

Meet the Personnel Breakfast Group, which also refers to itself as the Golden Girls and the Bronze Girls. The one thing these ladies have in common, other than being Retired and enjoying every bit of it, is that they all worked in Personnel...