LACERS BOARD UPDATE: LACERS Adopts 3 Percent Cost of Living Allowance (COLA)

Before we get to today’s subject, I want to thank all of you for electing me to another five-year term as the Retired Member of the LACERS Board...

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 Your RLACEI Board Member: Loucin Artinian

Loucin (Lucy) Artinian retired in March. She worked for the City for 37 years. She began her City career with Building and Safety’s Personnel Services. She retired as a Personnel Analyst...

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...

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...