Did You Know If You Are Eligible to Retire, You Can Retire Immediately?
The City of Los Angeles has adopted the Expedited Retirement Ordinance* allowing LACERS
Members to retire immediately if they are facing layoffs. The ordinance may also be extended to all LACERS Members based on the fi scal condition of the City** upon the Mayor’s direction. At this time, any Member for whom retiring is a viable option may take advantage of the Expedited Retirement Ordinance.
To retire under the Expedited Retirement Ordinance, you still must meet Retirement Eligibility Rules available at www.LACERS.org.
*Expedited Retirement Ordinance – Los Angeles Administrative Code Section 4.1020(c).
**Expedited Retirement Ordinance - Los Angeles Administrative Code Section 4.1020(c)(2).
The ordinance is effect through December 18, 2011 and may be extended. (The ordinance is always in effect for any Members facing layoffs.)