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Since the effective date of Tier 3 (February 21, 2016), 44% of the 2,012 new LACERS Members have become Tier 1




Members and 56% have become Tier 3 Members.






Member Information Center
MyLACERSMyLACERS 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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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
Jan. 19, 2017
PFR Tier 1
Jan. 21, 2017
PFR Tier 1


Calendar
Board Meeting Schedule
Dec. 13, 2016
10:00 AM
Jan. 10, 2017
10:00 AM

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LACERS News
Basic Medicare Part B Premiums to Increase in 2017
Each year, the Centers for Medicare and Medicaid Services (CMS) sets the Medicare premium rates for the following calendar year. 

For 2017, CMS announced that the standard (basic) Medicare Part B premium amount will be $134.00 per month (or higher depending on your income).  However, most Members will pay less than this amount. This is because the Part B premium increased more than the cost-of-living increase for 2017 Social Security benefits. The Hold Harmless provision prevents an increase in Medicare Part B premiums greater than the dollar amount of the increase of an individual’s Social Security benefit. Read more ...


Open Enrollment Ends and Retiree Health Plan Changes Become Effective January 1, 2017
LACERS’ Open Enrollment period ended November 17 and health plan changes can no longer be made for the 2017 calendar year. Unless there is a qualifying event, the next opportunity to make changes to your LACERS health plan will be during the Open Enrollment period for 2018. For more information about qualifying events, contact LACERS at (800) 779-8328 or visit www.lacers.org/retired to view the 2017 Health Benefits Guide (pages 5-6).

Reminder: Any health plan changes you made during the Open Enrollment period become effective January 1, 2017 and your first monthly health plan premium deduction for 2017 will begin with your December 2016 LACERS Retirement Allowance.


 
Important Information About Your Benefits!
Health Benefit Eligibility Change for Members with Part-Time Employment
IMPORTANT! Retired Members who had worked part-time that did not qualify for health benefits in the past may now be eligible.
Recently, the City Council adopted an ordinance that amended language related to LACERS health benefits eligibility.  This ordinance took effect on Sunday, February 21, 2016.  Based on this new ordinance, Members who are at least age 55, had worked part-time, and have at least ten years of Service with the City of Los Angeles (worked for the City for at least ten years) now are eligible to receive medical and dental plan premium subsidies.  The new eligibility criteria for LACERS medical and dental plan premium subsidies are summarized below. 

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

DWP
Read this before you transfer or promote to the Department of Water and Power.

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 ...
 





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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.