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May 2025 Paycheck Flyer
LACERS COST OF LIVING ADJUSTMENT EFFECTIVE JULY 1
The LACERS Board of Administration has approved the maximum allowable Cost-of-Living Adjustment (COLA) for eligible LACERS Retired Members and Beneficiaries at 3.0% for Tier 1 and Tier 1 Enhanced Members and 2.0% for Tier 3 Members. Click here for more information on the COLA increase and the availability of any banked excess. Retirees and Beneficiaries will receive the increase on their July 31st paycheck.
LACERS Active Members Update for May
UNDERSTANDING THE IMPACTS OF LAYOFFS AND FURLOUGHS ON YOUR LACERS BENEFITS
If you want to understand the impacts that layoffs and furloughs have on your retirement benefits, visit our Frequently Asked Questions section and watch our latest video explaining your options.
LACERS Retired Members Update for May
MAY IS MENTAL HEALTH AWARENESS MONTH
May is Mental Health Awareness Month. Did you know that nearly one in five adults in the US has a mental health condition? If there is someone in your life struggling with their mental health, the best thing you can do is reach out and start a conversation. Educate yourself on the realities of living with mental health issues and the stigma it often brings. Just supporting those in your life can spread the message of awareness and acceptance.
LACERS Well Calendar of Events
COMPUTER TECHNOLOGY WEBINAR
Wednesday, May 14, 2:00 p.m. – 3:30 p.m.
This webinar, in partnership with Mom’s Computer, a technology provider contracted by LACERS, helps Members navigate the changing technology landscape and offers tips on using computers, smartphones, tablets, the Internet, and more.
April 2025 Paycheck Flyer
MAY IS MENTAL HEALTH AWARENESS MONTH
May is Mental Health Awareness Month. Did you know that nearly one in five adults in the US have a mental health condition? But that one person has family, friends, and others whose lives are touched by their condition, even if they don’t themselves suffer from one. There are many opportunities for fundraising, community outreach, and awareness events during Mental Health Awareness Month.
Retired Members’ Spring 2025 Newsletter is Here!
The Retired Members Spring 2025 Newsletter is now available on the LACERS website! In this issue, you’ll learn the benefits of establishing a Power of Attorney, receive tips on maintaining financial health in retirement, and much more. Check it out today!
Active Members’ Spring 2025 Newsletter is Here!
The Active Members Spring 2025 Newsletter is now available on the LACERS website! Are you new to LACERS Membership? Inside are helpful tips to get you started. Or maybe you’re approaching retirement and wondering about recent changes made to Social Security and how it impacts you? We’ve got you covered. Open our newsletter today to learn more!
LACERS Retired Members Update for April
MOVED? CHANGED YOUR INFORMATION? LET LACERS KNOW
If your contact information is out of date and we are unable to reach you, LACERS may withhold your retirement allowance until the information is updated. Fill out a Change of Address form with your new information and submit it through the Secure Document Upload.
LACERS Active Members Update for April
THE LAYOFF PROCESS AND RETIREMENT BENEFITS
Concerned about being laid off? Depending on your years of City Service, and Tier Membership, there are different options available regarding your retirement benefits. Visit our Frequently Asked Questions webpage for the information you need.
LACERS Well Calendar of Events
FITNESS EVENT: 5K HIKE-WALK-RUN
Join us for (2) Fitness 5K Hike-Walk-Run facilitated by Sean Foy. The first 5K takes place on Wednesday, April 30, 9:30 a.m. – 1:00 p.m. at Lacy Park located at 1485 Virginia Rd., San Marino, CA. The second 5K takes place on Thursday, October 30, from 9:30 a.m. – 1:00 p.m. at the Silverlake Reservoir Trail located at 1850 W.
March 2025 Paycheck Flyer
COST OF LIVING ADJUSTMENT EFFECTIVE JULY 1
The LACERS Board of Administration has approved the maximum allowable Cost-of-Living Adjustment (COLA) for eligible LACERS Retired Members and Beneficiaries at 3.0% for Tier 1 and Tier 1 Enhanced Members and 2.0% for Tier 3 Members. Tier 1 and Tier 1 Enhanced Members are City employees who became LACERS Members on or before February 20, 2016. Tier 3 Members are City employees who became LACERS Members on or after February 21, 2016.
LACERS Retired Members Update for March
LACERS OFFICES CLOSED ON MONDAY, MARCH 31
City Holiday: LACERS is closed on Monday, March 31, 2025, in observance of Cesar Chavez Day.
LACERS Active Members Update for March
LACERS OFFICES CLOSED ON MONDAY, MARCH 31
City Holiday: LACERS is closed on Monday, March 31, 2025, in observance of Cesar Chavez Day.
LACERS Well Calendar of Events
FITNESS EVENT: 5K HIKE-WALK-RUN
April 30, 2025 – 9:30 a.m. – 1:00 p.m. and October 30, 2025 – 9:30 a.m. – 1:00 p.m.
February 2025 Paycheck Flyer
ANNUAL NOTICE OF RIGHT TO ELECT OR REVOKE FEDERAL INCOME TAX WITHHOLDING
LACERS is required to inform you that your periodic benefit payments from LACERS may be subject to Federal Income Tax withholding unless you elect not to withhold. If your benefit becomes effective in 2025, and a completed Form W-4P is not on file with LACERS, your withholding will be calculated as if your filing status is Single with no adjustments. For benefits that began before 2025, your current withholding remains in effect unless you submit a new Form W-4P.
LACERS Active Members Update for February
LACERS OFFICES CLOSED THIS MONDAY, FEBRUARY 17
City Holiday: LACERS is closed this Monday, February 17, 2025, in observance of Presidents’ Day.
ATTEND OUR UPCOMING TIER 1 RETIREMENT BENEFITS WEBINAR ON THURSDAY, FEBRUARY 20
Take a proactive approach to learning about your retirement and attend our upcoming Retirement Benefits Webinar taking place at 9:00 a.m. on Thursday, February 20.
LACERS Retired Members Update for February
LACERS OFFICES CLOSED THIS MONDAY, FEBRUARY 17
City Holiday: LACERS is closed this Monday, February 17, 2025, in observance of Presidents’ Day.
LACERS Well Calendar of Events
STRONGER U ACADEMY FITNESS CLASSES
Wednesday, February 12, 9:30 a.m. – 11:00 a.m.
Stronger U Academy 2025 is off to a great start! Join Coach Sean Foy and become part of a select group of committed individuals who are interested in strengthening their fitness and personal lives to create a wellness “movement.”
January 2025 Paycheck Flyer
LACERS 2024 1099-R FORMS HAVE BEEN MAILED
LACERS has completed its mailing of 1099-R tax forms to retirees and beneficiaries for the 2024 tax year. The 1099-Rs are only sent to the address on file with LACERS. If you have recently moved or changed your address, please complete and submit a Change of Address form. If you have not received your 1099-R, the earliest that you may request a duplicate be mailed to you is the second week of February.
ALIVE AND WELL AUDIT MAILINGS
‘ALIVE AND WELL’ AUDIT MAILINGS HAVE BEGUN
For Members aged 80+, watch for an upcoming LACERS mailing containing a form to be completed and returned. LACERS periodically conducts ‘Alive and Well’ audits to ensure that Member contact information is correct and that monthly benefit payments are being paid to the intended named recipient on file. Please note that a response is required, and your timely submission is appreciated.