New Policy for Managed Service Retirements Process

Effective Immediately

Based on operational changes made necessary to comply with the declared City health and/or fiscal emergency, LACERS has instituted a Managed Service Retirement Application Policy for all active City employees wishing to retire. 

The policy goes into effect May 1, 2020. This means retirement applications will be taken in the order received and placed in a processing queue.  Retirement effective dates will be scheduled by LACERS based on the number of applications received and resources available.

Every effort will be made to schedule a retirement effective date close to the member’s original requested date. LACERS is committed to the process and delivery of all retirement benefits as promptly as is feasible under these challenging emergency circumstances.  Further details on the managed retirement process can be found at the Managed Retirement Application Frequently Asked Questions.

Managed Service Retirement Application

The preferred format for submitting retirement documents is pdf, however LACERS will accept other formats provided the documents are legible and reproducible.

Filing Period

You may only apply for retirement within 30-60 days of your retirement date. When selecting a retirement date, keep in mind the following:

1. Your retirement allowance is paid monthly on the last day of the month;
2. Your first monthly retirement allowance is typically issued the month following the pay period ending date in which your retirement date falls; and
3. Consider any tax obligations you may incur for vacation and/or sick time payouts.
4. The preferred format for submitting retirement documents is pdf, however LACERS will accept other formats provided the documents are legible and reproducible.