LACERS Active Members Update for August
NOTICE OF LACERS’ OFFICE CLOSURE ON WEDNESDAY, AUGUST 27
Our office will be closed on August 27, 2025, from 9:30 to 11:30 a.m. for mandatory training. Thank you for your understanding.
UPCOMING CITY HOLIDAY
LACERS is closed on Monday, September 1, 2025, in observance of Labor Day.
IN-PERSON TIER 1 RETIREMENT BENEFITS SEMINAR IN THE SAN FERNANDO VALLEY
Tuesday, September 23, 9:00 a.m.
Marvin Braude Building
6262 Van Nuys Boulevard
Van Nuys, CA 91401
This half-day seminar covers the LACERS Tier 1 retirement formula, retirement allowance benefit, health benefits, survivor benefits, mental preparedness, and what to expect at retirement. It will be held in person at Marvin Braude. Please note: Attendees are responsible for finding/paying for parking.
You can register online through your MyLACERS account or by calling LACERS at (800) 779-8328 or RTT (888) 349-3996.
AVOID FRAUDULENT AFFILIATION CLAIMS
LACERS is not affiliated with any financial advisory agency. Be cautious of individuals claiming such ties via email that solicit financial services. They do not represent or speak for LACERS and have no access or knowledge of your retirement benefits with the City of Los Angeles.
WHEN AND HOW TO CANCEL THE FAMILY DEATH BENEFIT PLAN (FDBP)
As LACERS Members near retirement, one voluntary program they should consider cancelling is the Family Death Benefit Plan (FDBP). Often times, employees elect to participate in the FDBP plan early in their City career due to having a young family, dependent parent and/or not qualifying for other survivorship benefits due to an insufficient amount of service credit. As Members move further along in their career, these criteria may not exist and cancelling the FDBP should be considered.
Furthermore, although Members may be eligible for additional benefits depending on their years of service credit, FDBP cannot be paid in conjunction with a Service Retirement Survivorship or Deferred Service Retirement Survivorship.
When to Cancel?
Members should cancel FDBP when they:
- No longer have young children and/or dependent parents; and,
- Qualify for either a Service Retirement Survivorship or Deferred Service Retirement Survivorship.
How to Cancel?
Cancelling is easy. Simply review and complete this FDBP Cancellation Form and return it to LACERS. If you are not sure if you should consider cancelling FDBP, please call (800) 779-8328 and we will assist you.
UPCOMING BOARD OF ADMINISTRATION MEETING
The next meeting is Tuesday, August 26, at 10:00 a.m. For more information, visit our Agendas and Minutes webpage.
*ADA Statement: Sign Language Interpreters, Communications Access Real-Time Transcription, Assisted Listening Devices, or other auxiliary aids and services may be provided upon request. To ensure availability, you are advised to make your request at least 72 hours before the meeting you wish to attend. Due to difficulties securing Sign Language Interpreters, notice is strongly recommended for five or more business days. For additional information, please contact (800) 779-8328 or RTT (888) 349-3996.