Canceling Is No Picnic
This year’s annual RLACEI summer picnic, scheduled for Aug. 6 at Grace E. Simons Lodge, has sadly but reasonably been canceled due to the ongoing coronavirus pandemic...
LACERS BOARD UPDATE: LACERS Adopts New Actuarial Assumptions
Whenever I write on the subject of actuarial calculations, I see eyes glazing over before I begin, so bear with me. Yes, changing LACERS’ actuarial assumptions may not sound important or thrilling, but..
Actuarial Studies, and Why They Matter
One of the most important things the LACERS Board does is to make sure the demographic and economic actuarial assumptions it is making about our plan are as accurate as possible...
A Note on COVID-19
The Board is confident that you are taking the proper precautions to stay as healthy and as safe as possible, following the policies that governmental agencies are recommending...
Best Wishes, Michael
Michael Karsch, longtime RLACEI Board Member and Alive! columnist on national pension matters, has resigned from both of those responsibilities to spend more time at home enjoying family...
The City’s Annual Contribution to LACERS
The Los Angeles City Employees’ Retirement System (LACERS) Board is charged with investing $18 billion to help ensure the retirement security...
Meet the Personnel Breakfast Group – Part II
This lively group of Retirees on the Move was introduced last month. The Personnel Breakfast Group, aka the Golden Girls and the Bronze Girls, all worked in Personnel and are now retired...
Meet Your RLACEI Board Member: Verkin (Vicki) Koeseian
Verkin (Vicki) Keoseian retired in March after 37 years of City service. During Vicki’s extensive City career, she worked for City Planning, Personnel, Rec and Parks, LAPD and LAFD...
A Note on COVID-19
The Board is confident that you are taking the proper precautions to stay as healthy and as safe as possible, following the policies that governmental agencies are recommending...
LEGISLATIVE REPORT: COVID-19’s Wreaking Havoc With State Budgets, Pensions
There are a lot of gloom and doom commentaries out there in the world on every kind of fallout from the novel coronavirus on every aspect of life it seems. I am just interested in how dire the impacts are on public pension systems...
