You are likely aware that public employees’ pensions is a “hot button” topic these days.
Locally, the City is grappling with budget challenges with employee salaries, benefits, and
pensions all being scrutinized by our elected officials, tax-payer watchdogs, and the public.
We know that political rhetoric can be confusing, so when it comes to questions about your
pension and retirement benefits, we ask you to stay informed and to come to the source.
As the administrator of your pension system, LACERS is the source of all your pension
benefits related information. To that end, LACERS has recently updated and launched its
new website at LACERS.org to assist all LACERS Members, both Active and Retired City
Employees, in obtaining accurate, current, consistent, and topical pension related information. LACERS also operates a Call Center should you need additional information.
As the City continues to be challenged by the current local, state and national financial environment, LACERS will publish information regarding issues related to your retirement benefits. You can also keep yourself informed. By regularly visiting LACERS.org and reading our E-Bulletins, you will be kept up-to-date on such issues as layoffs and your retirement benefits, if furlough days impact your benefit, and other information such as contribution increases. And while you are on the website, sign up for a retirement seminar. It is never too early to start planning for your
retirement.
SALLY CHOI, General Manager
Los Angeles City Employees’ Retirement System