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...
A Note on COVID-19
With the distribution of the vaccine, there is hope that soon we will be able to get back to some type of normalcy...
Annual Membership Meeting Now May 6
The RLACEI annual general membership meeting and holiday party, which is generally held in December, has been postponed...
LACERS Fund Tops $20B; City Contribution Rate Set
This is a great time to mark a recent high-water mark for the value of the total fund, which hit $20.27 billion on Nov. 23...
Pandemic-Related Fiscal Woes Grow
Last month, I wrote about the City’s budget issues. Since that time, the City’s budget woes have grown to a projected budget gap of $675 million for the current fiscal year...
A Note on COVID-19
We’re almost there! Vaccinations from two pharmaceutical companies have been approved by the FDA...
Thank You, Cliff
Cliff Cannon has retired from the RLACEI Board as of November 2020. Cliff served in many capacities throughout his years on the Board, including Membership chair and chair of the Audit committee...
Beryne Beckham Dixon is a Retiree on the Move
Bernye Beckham Dixon retired in 2009 under ERIP (Early Retirement Incentive Program) from LAPD/Training Division. Bernye worked for the City for almost 31 years...
