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Larger Annuity Program

LACERS’ Larger Annuity Program allows you to invest more money toward your retirement in order to increase your retirement benefit.

For more information regarding LACERS’ Larger Annuity Program, please view the Larger Annuity Program brochure.

To begin making contributions toward a Larger Annuity or to change your biweekly contribution amount, please complete and return an Initiation or Change of Contribution Amount form.

If you have made Larger Annuity contributions and would like to change your investment option or terminate your biweekly contributions, please complete and return an Election to Change Investment Option or Terminate Biweekly Contributions form.

To transfer funds from another retirement fund into a LACERS Larger Annuity account, please complete a Trustee-to-Trustee Transfer/Direct Rollover form and forward it to the current holder of your funds. The current holder of your funds may have other paperwork they will require you to complete to transfer your funds to LACERS. You will also want to complete an Initiation or Change of Contribution Amount form to select an investment option.

If you are in the process of retiring and want to purchase a Larger Annuity from LACERS, please complete an Application to Purchase Larger Annuity form and forward it to your retirement counselor. If you plan to fund your Larger Annuity with money from another retirement fund, you will also need to complete a Trustee-to-Trustee Transfer/Direct Rollover form and forward it to the current holder of your funds.