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LACERS’ Final Compensation definition helps minimize “pension spiking,” which is the ability to artificially increase




an employee’s retirement allowance.  Final Compensation is based on the highest 12 consecutive months’ salary. Click here for more information.




Member Information Center
If you become a LACERS Member on or after July 1, 2013, you are a Tier 2 Member. Click here to view a summary of LACERS Tier 2 benefits.
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Choose one of the options from the drop down menu below to get more information about our most popular subjects.

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Calendar
Planning for Retirement (PFR) Seminar
Nov. 14, 2014
PFR Tier 1
Nov. 15, 2014
PFR Tier 1
Lunchtime Lecture
Dec. 17, 2014
Larger Annuity
Mar. 18, 2015
Larger Annuity


Calendar
Board Meeting Schedule
Nov. 13, 2014
10:00 AM
Nov. 25, 2014
10:00 AM

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MyLACERS MyLACERS is a web member service that lets Members view account information 24/7. Active Members can see contributions on account, designated beneficiaries and contact information. Retired Members can view past 1099R statements, current payment statements, designated beneficiaries, current deductions and health deduction information. It's easy, fast and very informative!


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LACERS News
Open Enrollment Period: Nov. 3 - Dec. 1, 2014, Reserve Your Space Now to Attend an Open Enrollment Meeting NEW
LACERS’ 2015 Open Enrollment will run from November 3 through December 1 this year. During this time, you may attend an Open Enrollment meeting and learn about any changes to LACERS health plans for the 2015 plan year. The meetings will feature carrier presentations and an opportunity to talk to your health plan representatives. Also, LACERS staff will be available to answer any health plan questions you might have and assist you with the enrollment process. Read more ...


Tier 2 Benefits Update NEW
On August 25, 2014, the Los Angeles City Employee Relations Board (ERB) issued an order directing the City to rescind the ordinance which created the Tier 2 structure for all LACERS Members hired by the City on or after July 1, 2013. Subsequently, the ERB granted a motion to stay and the matter is pending further action.

Until this matter is resolved, LACERS continues to administer Tier 2 benefits pursuant to existing Administrative Code language.


Important News About Your Pension Information
In response to a California Public Records Act (CPRA) request, LACERS has been advised that it must release information regarding all of its Retired Members, including their names, pension amounts, years of service, and retirement year.

This information was provided to Transparent California and may be published on its website, www.transparentcalifornia.com, which has published information from many other pension systems.

We want to let you know that your retirement information may be more available than it had been in the past so that you can take any appropriate precautionary measures to help protect yourself from identity theft or financial scams.


Important Information Regarding Your Retirement Benefits
If You Plan on Transferring or Promoting to DWP – Reciprocity Has Been Suspended between LACERS and WPERP. On December 10, 2013, the City of Los Angeles adopted an ordinance suspending reciprocity, effective January 1, 2014, between the Los Angeles City Employees’ Retirement System (LACERS) and the Water and Power Employees Retirement Plan (WPERP). Read more...

Online Videos
To view short video presentation of key topics of the LACERS Plan discussed at the Planning for Retirement Seminars, click here.

Member Demographic Fast Facts
Want to learn more about LACERS’ Membership? Click here.

 





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As a covered entity under Title II of the Americans with Disabilities Act, the City of Los Angeles does not discriminate on the basis of disability and, upon request, will provide reasonable accommodation to ensure equal access to its programs, services, and activities. For additional information or to make a request for documents in an alternative format, please contact (800) 779-8328 or TDD (888) 349-3996.