Remembering Jean Low
Many Retired Public Works/Street Maintenance employees will remember Jean Low, a career long office manager and Secretary to many division heads. Jean recently passed away, after 36 years of City service...
Retireee on the Move: Meet Lupe Ortiz
Lupe Ortiz retired on May 8, 2021, after more than 36 years with the City. She worked in various departments, including Public Works/Sanitation and /Street Services, Economic and Workforce Development, Housing, Rec and Parks,...
When COLA Increase Seems Insufficient
We all feel it – gas prices skyrocketing, food prices rising, rents getting higher. Currently, we are seeing increases in the Consumer Price Index (CPI) unlike anything we have seen in the last 40 years!...
LACERS Sets COLA Amount for 2022
The LACERS Board has set the Cost-of-Living Adjustment (COLA) that will be effective on July 1, 2022...
LACERS Increases Private Equity Maximums
Private equity is one of LACERS’ most important investment classes and one we depend on to produce the returns needed to keep our plan strong. The Board of Administration has approved moving the...
Two Things to Watch for In the Budget Process
Each fiscal year, the City Council’s Budget and Finance Committee and City Council consider the mayor’s proposed budget for the following fiscal year. By the time you read this article, the mayor will have proposed his budget to...
LACERS Starts Process For 2023 Health Plan
The LACERS Benefits Administration Committee is directing LACERS staff and its health consultant, Keenan & Associates, to begin the process to approve the 2023 medical, dental and vision contracts...
City’s Budget Process: A Follow-Up
Last month, I wrote about two things Retirees should watch for in the City’s budget process: the projections of City retirement contributions; and the projected City budget deficits for fiscal year 2022-23 and beyond...
Meet Your Board: Nancy Hammoudian
Meet RLACEI’S newest Board Member, Nancy Hammoudian. Nancy was installed at the RLACEI general membership meeting, held April 14 at Grace E. Simons Lodge...
