Limited Term Retirement Plan for Elected Officials
LACERS operates a Limited Term Retirement Plan for elected
officials. This plan is a defined contribution plan designed
for elected officials who might not become eligible for the
LACERS defined benefit plan because they may not accrue five
or more years of continuous City service. An elected official
who later accrues five or more years of continuous City service
may opt to join the LACERS defined benefit plan. There are
advantages to both types of retirement plans and your decision
should be based on an understanding of these differences.
For more information regarding the LACERS Limited Term Retirement
Plan, please review the Limited
Term Retirement Plan Information Sheet and Comparison of LACERS Defined Benefit Plan to LTRP.
If you are in the Limited Term Retirement Plan and desire
to make a change to your investment allocations, please complete
and return the Allocation
Specification Form.
If you are in the Limited Term Retirement Plan and desire
information on the performance of the various investment options,
please click on the link listed below for the most recent performance
report:
If you are in the Limited Term Retirement Plan, but have now
decided to switch back to the LACERS defined benefit plan,
please complete and return the Revocation
of Prior Declamation Form.
If you have questions about the Limited Term Retirement Plan
and/or the LACERS defined benefit plan, please contact Li Hsi at (213) 473-7171.
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