LACERS BOARD UPDATE: LACERS Adopts New Actuarial Assumptions

Whenever I write on the subject of actuarial calculations, I see eyes glazing over before I begin, so bear with me. Yes, changing LACERS’ actuarial assumptions may not sound important or thrilling, but..

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...

LACERS BOARD UPDATE: LACERS Adopts New Actuarial Assumptions

Whenever I write on the subject of actuarial calculations, I see eyes glazing over before I begin, so bear with me. Yes, changing LACERS’ actuarial assumptions may not sound important or thrilling, but..

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...

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...

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...