LACERS Active Members Update for July
2025 SPECIAL ELECTION FOR EMPLOYEE MEMBER OF THE LACERS BOARD OF ADMINISTRATION
Are you an Active LACERS Member? Would you like to run for a seat on the Board of Administration? If you answered “Yes” to both questions, you will need to take the first step and file a nominating petition. Deadlines are fast approaching, so be sure to visit our Election webpage today!
IN-PERSON TIER 1 RETIREMENT BENEFITS SEMINAR AT THE CALIFORNIA ENDOWMENT
Thursday, August 7th, 9:00 a.m.
The California Endowment
1000 Alameda St
Los Angeles, CA 90012
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 the California Endowment. Parking is free, and light snacks will be provided.
You can register online through your MyLACERS account or by calling LACERS at (800) 779-8328 or RTT (888) 349-3996.
LACERS ACTIVE MEMBER MID-YEAR CHECK-UP 2025
Now’s the perfect time to do a mid-year check-up on your LACERS benefits. Below are items to check off your list.
MYLACERS ACCOUNT
Have you created your profile on the LACERS Member Portal? MyLACERS is your online gateway to real-time details about your retirement account. You can generate a member statement, register for upcoming webinars and events, or create a benefit estimate for a future retirement date. Request a PIN letter today! Don’t know how…watch this two-minute video.
BENEFICIARIES
Make it a habit to review your designated beneficiaries on file with LACERS annually so that if you pass away before retirement, your benefits are paid out as intended.
You can view your current designations via your MyLACERS account. To update them, submit a new Designation of Beneficiary Form. Designated beneficiaries remain in effect until you change them.
ATTEND A RETIREMENT BENEFITS SEMINAR
New to the City, mid-career, or close to retirement? Attend a seminar to understand all the components of your retirement benefits and eligibility. Seminars are held several days a month, including Saturdays. View the schedule on our calendar and register on MyLACERS.
EXPLORE A SERVICE CREDIT PURCHASE
Did you work part-time for the City of Los Angeles or full-time for another government agency? If so, you may be eligible to purchase Service Credit, which may count toward your retirement eligibility and increase your retirement allowance and health subsidy.
For additional information on making a service purchase for a re-deposit, back contributions, public service buyback, or a government service buyback, please view the Service Purchase video or speak to a Buyback Representative at LACERS.
SUPPLEMENT YOUR RETIREMENT
Your LACERS retirement allowance should be considered the foundation of your retirement financial planning. However, your LACERS benefit alone may not cover your retirement expenses.
To supplement your LACERS retirement allowance, you may want to consider the LACERS Larger Annuity Program and the Personnel Department’s Deferred Compensation Program. These are voluntary programs that could help bridge an income gap in retirement.
TAKE THE LACERS FAMILY DEATH BENEFIT PLAN SURVEY
LACERS wants to measure our Members’ awareness of the optional Family Death Benefit Plan (FDBP). Please take our brief survey. Your participation is appreciated!
UPCOMING BOARD OF ADMINISTRATION MEETING
The next meeting is Tuesday, July 22, 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.