For Active City Employees:
Looking to supplement your LACERS monthly allowance in retirement with an additional lifetime payment? Consider enrolling in LACERS’s Larger Annuity Program with as little as a $5 bi-weekly contribution. This optional retirement investment account allows participants to contribute post-tax monies and choose between receiving a monthly lifetime payment or a refund of the funds in addition to the interest accrued upon retirement. Please consult with your financial adviser to see if the Larger Annuity Program will benefit you and your financial goals.
Forms to enroll, cancel, or change your contribution amount can be found here:
lacers.org/larger-annuity-program