LACERS Sets Plan for Pacing Private Investment
Last May, the LACERS Board increased its allocation to private equity from 14 percent to 16 percent of the total fund. LACERS depends on good performance from private equity, which traditionally has high returns...
The COLA and The ‘Uncola’
If you are old enough to remember the “Uncola” 7 UP advertisements of the 1970s, then you are old enough to remember the persistently high inflation and resulting COLAs (Cost of Living Adjustments) during that decade...
Meet the 2021 Board of Directors
RLACEI
Here is your RLACEI Board of Directors!
From left: Mark Blunk, Audit Chair; Mike Perez, Golf Committee Chair; Beverly Anderson, Director; Beverly Clark, Vice President and Publicity Director; Tom Moutes, Legislative Director; Ruth Perry, President...
I’m Bugged
As annoying as flies can be, a case can be made for their benefit to nature. They attack insects that eat our food plants...
Earnest Kelley Jr. is a Retiree on the Move
Earnest Kelley Jr. retired on Oct. 26, 2009, as a Roofing Supervisor with Recreation and Parks. Earnest is very proud of his accomplishment...
LACERS Reports Big Surplus In Health, Dental Premiums
LACERS has recently reported its year end accounting to show how the premiums charged relate to the actual expenses for the last calendar year. The results show a stunning nearly $5 million surplus of the...
Thanks, Lita and Alex, for Overseeing Retiree Benefits
For those of you who have attended RLACEI events over the past many years, you probably are used to hearing LACERS updates from Lita Payne and Alex Rabrenovich...
Meet Your RLACEI Board Member: Elizabeth Torres
The RLACEI Board is happy to welcome Elizabeth (Liz) Torres as our newest Board Director, who joined the Board in May. Liz retired in October 2020 after having worked...