In 1937, the Los Angeles City Charter established the Los Angeles City Employees’ Retirement System (LACERS) as a retirement trust fund for the purpose of providing the civilian employees of the City of Los Angeles, a defined benefit retirement plan inclusive of service retirements, disability retirements, and survivor benefits. In 1999, LACERS began administering the retiree health insurance program. All regular, full-time, and certified part-time City employees are eligible for LACERS benefits except employees of the Department of Water and Power, and sworn personnel who are members of the Los Angeles Fire and Police Pensions. Our fiduciary duty* to our Members ensures we prudently manage the pension fund portfolio to offset payment costs of the pension benefits and retiree health care premiums of our Members.

Service to our Members is first and foremost. We are committed to our mission of establishing trusting and lifelong relationships with all of our Members. We prioritize developing this trust through reliable and efficient delivery of benefits and to ensure our Members are equipped with all of the information and opportunities to live well in retirement.