LACERS Retired Members Update for June

LACERS OFFICES CLOSED ON THURSDAY, JUNE 19

Upcoming City Holiday: LACERS is closed on Thursday, June 19, in observance of Juneteenth. 

NEW TO RETIREMENT? LEARN HOW TO BETTER UNDERSTAND YOUR LACERS PAYSTUB

In order to help you better understand the different codes on your LACERS retirement benefit pay stubs, we have provided an explanation of terms for your reference on our website. Visit our Paystub Codes Defined webpage today!

LACERS COST OF LIVING ADJUSTMENT EFFECTIVE JULY 1

Each year, the LACERS Board approves Cost-of-Living Adjustments (COLAs) for Tier 1 and Tier 3 Retired Members and beneficiaries based on the Consumer Price Index (CPI) for the Los Angeles area during the previous calendar year. The COLA becomes effective July 1st of each year.

Visit our Cost of Living Adjustments webpage for more information on the COLA increase and the availability of any banked excess. Retirees and Beneficiaries will receive the increase on their July 31st paycheck.

UPCOMING BOARD OF ADMINISTRATION MEETING

The next meeting will be Tuesday, June 24, at 10:00 a.m. Visit our Agendas and Minutes webpage for more information.

*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.