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...
Hard-Earned Benefits At Risk With Legislation
Our retiree healthcare benefits are under attack by the City politicians. The City Council passed the Motion (Council file number 20-1606) that aims to reduce the City’s healthcare costs...
TIPS Definition, and Why LACERS Invests in Them
LACERS uses the principle of diversification in its investments to get a reasonable return without taking too much risk. In previous articles we have discussed using strategic asset allocation...
David and Rosalia Rojas are Retiree on the Move
David and Rosalia “Rose” Rojas both worked for the City. Rose retired in 2010 with 33 years of City service, and David joined Rose and retired in 2011 with 20 years of service...
Neil Ricci, Rest in Peace
Longtime RLACEI Board Member Neil Ricci has passed away. Neil died in February, having served on the RLACEI Board for many years...
