LACERS WILL SUSPEND RETIREMENT APPLICATION SUBMISSION AND PROCESSING FOR ALL NON-SIP PARTICIPANTS FROM NOVEMBER 1, 2020, THROUGH JANUARY 31, 2021

To facilitate the processing of CSIP retirements in a timely fashion, LACERS will only accept or process CSIP, Disability, or Deferred retirement applications during the three-month SIP period from November 1, 2020, through January 31, 2021. Any non-CSIP retirement applications previously submitted that were still pending at the beginning of the SIP period will be held in abeyance and processed after February 1, 2021. 

NEW APPLICATION SUBMISSIONS AND/OR EXISTING MANAGED SERVICE RETIREMENT APPLICATIONS

Any non-SIP retirement applications previously submitted that are still pending at the beginning of the SIP period will be held in abeyance and processed after February 1, 2021. If you were planning to retire during this time period but are not planning to participate in the SIP program, you may still apply for retirement provided you:

• Select a retirement date no later than October 31, 2020;
• File within 30 to 60 days of your retirement date; and
• Submit all required retirement application paperwork and documents before October 31, 2020.

Disability Retirements will continue to be processed and are not affected by the SIP period.

Click here to read the full abeyance ordinance.

Managed Service Retirement Application

In order to address your questions and provide the answers you need in order to make an informed decision regarding your retirement plans, LACERS conducted a question and answer session on September 15th, which is available for viewing on the LACERS YouTube Channel.

To view the recording of the Q&A Session, please click the link below.

LACERS Question and Answer Session regarding the Suspension of Non-SIP Retirement Applications from November 1, 2020 – January 31, 2021