LACERS’ Investment Return
One of the most important pieces of information LACERS provides each fiscal year is how its investments fared. For fiscal year 2021-22, it appears the news is not good...
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...
Carrie Adelia Gabriel is Retirees on the Move (PT.3)
It was an honor to represent RLACEI in the celebration of Ms. Carrie Gabriel’s 100th birthday at her home Jan. 28....
LACERS Adopts New Benchmark for Private Equity
When I sit down to write this column every month, I do what I can to keep from “getting deep in the weeds,” becoming too preoccupied with details or complexities of how our pension plan is run. However, every now and then I see a reason to break one of my rules...
The Structure of The LACERS Board
With Mayor Eric Garcetti likely heading off to India in the near future, it’s a good time to review the structure of the LACERS Board of Administration...