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...
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...
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...
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...
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...
The Perils of Divestment
Recently, the City Council adopted a motion that, among other things, would have LACERS divest from some fossil fuel companies and other companies that “contradict the City Council’s official positions...
LACERS Investment Performance in Top 15%
LACERS’ investment consultant, NEPC, recently reported on our investment returns for the quarter ending Sept. 30, 2020. Again, as in the second quarter (ending June 30), the returns were strong...
