The Larger Annuity Program is an optional retirement or investment account that allows you to invest more money toward your retirement in order to increase your retirement income.
The Larger Annuity Program provides two investment options:
| Option 1. |
Earn Interest based on the average five-year Treasury Note, the same rate paid for your mandatory regular City retirement contributions. |
-or-
| Option 2. |
Earn Returns based on the LACERS rate of return for the publicly-traded portion of the LACERS investment portfolio. |
These tables detail annualized Larger Annuity Program returns for both options for the preceding five-year period.
Average Annualized Rates
| Quarter |
Option 1 – Interest |
| 1 Yr. |
3 Yrs. |
5 Yrs. |
1st 2009 |
2.83% |
4.06% |
3.95% |
2nd 2009 |
2.57% |
3.82% |
3.89% |
3rd 2009 |
2.34% |
3.58% |
3.81% |
4th 2009 |
2.17% |
3.37% |
3.76% |
1st 2010 |
2.20% |
3.18% |
3.69% |
2nd 2010 |
2.37% |
2.98% |
3.62% |
3rd 2010 |
2.37% |
2.77% |
3.53% |
4th 2010 |
2.14% |
2.52% |
3.41% |
1st 2011 |
1.93% |
2.32% |
3.26% |
|
| Quarter |
Option 2 – Returns* |
| 1 Yr. |
3 Yrs. |
5 Yrs. |
1st 2009 |
-29.61% |
-8.41% |
-1.25% |
2nd 2009 |
-17.79% |
-3.44% |
1.74% |
3rd 2009 |
4.62% |
-0.41% |
4.50% |
4th 2009 |
27.99% |
-1.28% |
3.55% |
1st 2010 |
42.75% |
-0.59% |
4.75% |
2nd 2010 |
14.77% |
-4.50% |
2.81% |
3rd 2010 |
10.49% |
-2.24% |
3.77% |
4th 2010 |
14.18% |
0.61% |
4.77% |
1st 2011 |
14.00% |
4.64% |
4.57% |
|
Before investing, please consult with your financial advisor. Interest rates and investment returns will fluctuate.
*Investment returns may be positive or negative. There is no guarantee against future negative performance on investment returns.
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