In order to facilitate the initial processing of SIP retirements in a timely fashion, LACERS will not accept or process any non-SIP retirement applications during the three-month SIP period from November 1, 2020, through January 31, 2021, as proscribed by ordinance. This includes any person applying for normal, early or deferred retirement and those eligible to retire with Reciprocity.
Additionally, 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.