LACERS Reports on Its Funding Levels

LACERS gets a yearly report from our actuary to measure our progress in funding our retirement plan and health benefits...

Carrie’s Corner: Catching up with RLACEI’s 101-year-old member.

Carrie A. Gabriel began working for the City in 1946 and retired in 1978. She celebrated her 100th birthday in 2022...

Get Happy Now

Retirement is a time to relax and enjoy the fruits of your labor. However, it can also be a time of anxiety and stress. For some people...

LACERS Works to Provide Great Healthcare Benefits

The provision of Retiree healthcare benefits can look quite simple to us retirees. We receive our Open Enrollment materials, determine what our subsidies cover, and make our selections...

Long-Term Investing Is LACERS’ Best Strategy

One of the most important tasks the LACERS board performs is to review its asset allocation to the various investments that provide most of the funding for the pension plan. The plan is supported by...

RLACEI at LACERS Open Enrollment

In November, LACERS held three in-person open enrollment meetings in Alhambra, Ontario and Van Nuys. The meetings were open to all LACERS members and featured...

RLACEI Board Presents to Council, Advocates for Members

On Friday, Sept. 29, the RLACEI Board made public comments before the Los Angeles City Council at its meeting,, requesting that the Council agendize the recommendation from LACERS for an additional 2.6 percent Discretionary COLA...

Bea Smalls is Retirees on the Move

Beatrice Smalls, whom everybody affectionately calls “Bea,” began working for the City of Los Angeles as a Messenger Clerk for Recreation and Parks in 1967...

IRMAA Reimbursements: Get Involved!

In September, I wrote about Income-Related Monthly Adjustment Amounts (IRMAAs) – the nasty surprise you receive when you reach age 65 and find out you must pay more for your healthcare each month than you did the day before...

LACERS Reports Investment Results

hile I regularly report on investment returns for LACERS, I always caution everyone not to be too tied up in the details of the ups and downs of market cycles...