Board
LACERS Board of Administration
The LACERS Board of Administration sets general policy and adopts rules and regulations necessary to operate LACERS. Among other duties, it directs investment strategy and policy for the Fund’s assets, determines the health insurance carriers and health subsidy levels for retired employees, and approves Members’ retirement applications, including applications for disability retirements. The Board meets on the 2nd & 4th Tuesdays of every month. Meeting access and special dial-in information is available by clicking here.
Board Meeting & Committee Schedule
The Regular Board of Administration Meetings are held at 10 a.m., on the second and fourth Tuesdays of each month. Please continue to view the LACERS website for updated information on public access to Board/Committee meetings. Meeting access and special dial-in information is available by clicking here.
Board Governance Manual
The Board Manual contains the governing policies of the Los Angeles City Employees’ Retirement System’s Board of Administration.
The Board Manual was last updated June 2022.
Article I – Board Governance Statement
This statement of governance makes clear the statues, principle, structure, and assignment of duties which prevail in the Board’s successful oversight of the Retirement System.
Governance Principles
Governing Statutes
2.1 Los Angeles City Charter Section 1106
- 2.4 Standards of Practice
- 2.5 Key Documents by Reference
- 3.1 The Board's Role
- 3.2 General Manager
- 3.3 Commitment of a LACERS Board Member
- 3.4 Committee Protocol
- 3.5 Committee Structure
- 3.6.1 Audit Committee Charter
- 3.6.2 Internal Audit Charter
- 3.7 Benefits Administration Committee Charter
- 3.8 Governance Committee Charter
- 4.0 Board Procedures
- 1.1 Conflict Governance Policy
- 1.2 Board Education and Travel Policy
- 1.3 Board Communications Policy
- 2.1 Ethical Contract Compliance Policy
- 2.2 Third Party Marketer Compliance Policy
- 3.1 Actuarial Funding Policy
- 4.1 Board Rules
- 5.1 Corporate Governance Actions Response Protocol
- 5.2 Strategic Planning Policy
- Investment Policy Statement
- Read more
Board Meeting Agendas
The Regular Board of Administration Meetings are held at 10 a.m., on the second and fourth Tuesdays of each month. Please view the information below regarding public access to Board/Committee meetings while response to public health concerns relating to the novel coronavirus continue.
Board of Administration Election Information
The LACERS Board of Administration has seven Commissioners. Four are appointed by the Mayor, two are elected by City employees and one is elected by retired Members. All Commissioners have a term length of five years.
Board Member Login
This section of the website is a service that is only accessible to current members of the LACERS Board of Administration.
If you are a new Board Member and are not able to access this section of the website please contact the LACERS Systems Division for your login information. Otherwise, freely access these additional resources.