Home News and Events
June 2022 Paycheck Flyer
JOIN LACERS WELL AT THESE UPCOMING JULY VIRTUAL EVENTS
Register for these virtual events through your MyLACERS account or by calling LACERS at (800) 779-8328. If you need assistance, send an email to LacersWell@lacers.org.
- Mom’s Computer Technology Class
Mom’s Computer will be hosting the next monthly Technology class on Wednesday, July 13 at 3:00 p.m. These classes help Members navigate the changing technology landscape and offer tips on using computers, smart phones/tablets, the Internet, and more. Zoom information will be provided to all registered individuals one day prior to the class.
Active Members Spring 2022 Newsletter is Here!
The Active Members Spring 2022 newsletter is now available here on the LACERS website! In its pages you’ll find updates from LACERS’ General Manager and Board of Administration President, interesting information about cryptocurrency, exciting day and weekend trip ideas, and more.
LACERS Active Members June Update
FAMILY DEATH BENEFIT PLAN RATE DECREASE
Beginning on July 1, 2022, the Family Death Benefit Plan (FDBP) premium will be reduced from $2.40 per month to $1.90 per month ($0.95 per pay period). To learn more about the plan, visit the Family Death Benefit Plan webpage.
LACERS Retired Members June Update
ANNOUNCEMENTS
Upcoming City Holidays: Mayor Eric Garcetti recently proclaimed Juneteenth an official City holiday. This year, LACERS will be closed on Monday, June 20, 2022 in observance of Juneteenth. LACERS will also be closed on Monday, July 4, 2022 in observance of Independence Day. LACERS office hours are Monday through Friday 7:00 a.m. to 3:45 p.m. and Tuesday 7:00 a.m. to 3:00 p.m. To experience the lowest call wait time, contact LACERS Tuesday through Thursday between the hours of 7:00 a.m. and 9:00 a.m.
Mayor Proclaims Juneteenth an Official City Holiday
In observance, LACERS to be closed on June 20th
Mayor Eric Garcetti has proclaimed Juneteenth an official City holiday. This year, LACERS will be closed on Monday, June 20, 2022 in observance of Juneteenth. Please plan accordingly if you need to contact LACERS staff for assistance. Although LACERS will be closed, Members can always access our website, the LACERS FAQs webpage, and the LACERS YouTube channel for helpful information. Regular operations will resume on Tuesday, June 21.
A Special Thank You to Cynthia Ruiz
LACERS would like to congratulate Cynthia Ruiz on her new appointment to the Department of Water and Power’s Board of Administration. As Cynthia leaves her role as the President of the LACERS Board of Administration to pursue this new role, we would like to sincerely thank her for her commitment and dedication to our organization. She has been a great asset to our department and its Members during her 6+ years as a LACERS Board Member and just over 4 years as President.
Retired Members Spring 2022 Newsletter is Here!
The Retired Members Spring 2022 newsletter is now available here on the LACERS website! In its pages you’ll find updates from LACERS’ General Manager and Board of Administration President, cybersecurity best practices, exciting day and weekend trip ideas, and more.
LACERS Well Calendar of Events
Join us for Upcoming LACERS Well Events!
CONNECT WITH OTHERS
FITNESS MADE SIMPLE
Why just talk or dream about exercise when we can “Make Fitness Simple?” Join Coach Sean Foy for monthly classes in 2022, with the next session being on June 15 at 9:30 a.m. He will help you train in the comfort and convenience of your own home via computer or phone to realize your personal health and fitness goals! Learn more on the Fitness Made Simple event page.
Investments Update
LACERS supports shareholder Proposal Seven on the Meta Platforms, Inc. proxy voting ballot
LACERS, a $22 billion public pension plan serving the civilian employees of the City of Los Angeles, supports shareholder Proposal Seven on the Meta Platforms, Inc. proxy voting ballot, which will be voted on at the Annual Meeting of Shareholders on May 25, 2022. Proposal Seven requests that Meta disclose its risks based on company business practices that “…prioritize internal financial return over healthy social and environmental systems” and address how such risks negatively impact its returns to shareholders. (2022 Meta Proxy Statement)
LACERS Active Members May Update
JOIN US! LEGAL PROCESSING UNIT INFORMATION SESSION COMING SOON
Register to join LACERS’ Legal Processing Unit for an informational session on June 16 at 11:00 a.m. Topics discussed will include Marriage/Dissolution Documents required for retirement, Domestic Partnerships, Power of Attorneys, Conservatorships/Guardianships, and more. Register via MyLACERS today.
LACERS Retired Members May Update
ANNOUNCEMENTS
Upcoming City Holiday: LACERS will be closed on Monday, May 30, 2022 in observance of Memorial Day. LACERS office hours are Monday through Friday 7:00 a.m. to 3:45 p.m. and Tuesday 7:00 a.m. to 3:00 p.m. To experience the lowest call wait time, contact LACERS Tuesday through Thursday between the hours of 7:00 a.m. and 9:00 a.m.
May 2022 Paycheck Flyer
COST OF LIVING ADJUSTMENT FOR 2022
Each year the LACERS Board of Administration determines a Cost of Living Adjustment (COLA) for eligible LACERS Retired Members and Beneficiaries. The COLA is a reflection of the Consumer Price Index (CPI) for the Los Angeles Area, which has been determined to be 3.8% for 2022.
LACERS Well Calendar of Events
Join us for Upcoming LACERS Well Events!
CONNECT WITH OTHERS
KAISER WELL-BEING WEBINARS
Give yourself a healthy boost and register for the well-being series on healthy eating hosted by Kaiser Permanente! The next sessions will take place on May 12 and May 17 at 10:00 a.m. You are not required to be a Kaiser member to attend. Learn more on the Kaiser Well-being Webinars page.
LACERS Retired Members April Update
ANNOUNCEMENTS
In-Person Appointments – What You Need to Know: LACERS is pleased to offer in-person appointments once again. Please note that these appointments are limited to 15 minutes, Tuesdays through Thursdays, from 10:00 a.m. to 1:30 p.m. For more information, and to learn how you can book an appointment, visit the In-person Appointments webpage.
LACERS Active Members April Update
IN-PERSON APPOINTMENTS: WHAT YOU NEED TO KNOW
LACERS is pleased to offer in-person appointments once again. Please note that these appointments are limited to 15 minutes, Tuesdays through Thursdays, from 10:00 a.m. to 1:30 p.m. For more information, and to learn how you can book an appointment, visit the In-person Appointments webpage.
Have You Signed Up for the Family Death Benefit Plan?
The Family Death Benefit Plan (FDBP) is a voluntary program that provides a monthly financial benefit that may give your family increased financial protection should you pass away before retiring. An employee becomes eligible for membership for the FDBP after 18 months of City Service. The cost is only $1.20 per pay period.
LACERS Well Calendar of Events
Join us for Upcoming LACERS Well Events!
CONNECT WITH OTHERS
COUNTY OF L.A. WELL-BEING WEBINARS
Join us for the County of LA Well-being Webinar 3-Part Series, taking place on April 14, 21, and 28 at 10:00 a.m. These webinars will focus on life transitions, and offer tips on how you can effectively navigate these transitions for the best quality retirement possible.
Upcoming Emerging Manager Symposium
Save the date - April 20, 2022
LACERS Emerging Manager Symposium is a semi-annual event for emerging investment managers interested in learning about LACERS Emerging Manager program, meeting LACERS staff and investment consultants, and understanding LACERS manager search and selection process.
LACERS will be holding the second Emerging Manager
Symposium virtually on April 20, 2022 at 10:00
a.m.
Registration is required.
Click here to register.
Click here to view the full agenda
LACERS Retired Members March Update
ANNOUNCEMENTS
2022 Anthem Medicare Preferred (PPO) Plan Information: There is exciting news for LACERS Members under the 2022 Anthem Medicare Preferred (PPO) Plan! Members can access information about their benefits, as well as access the Personalized Member Account with Anthem Preferred PPO. Visit their website, and learn more here.
Upcoming City Holiday: LACERS will be closed on Monday, March 28, 2022 in observance of Cesar Chavez Day. LACERS office hours are Monday through Friday 7:00 a.m. to 3:45 p.m. and Tuesday 7:00 a.m. to 3:00 p.m. To experience the lowest call wait time, contact LACERS Tuesday through Thursday between the hours of 7:00 a.m. and 9:00 a.m.
LACERS Active Members March Update
JOIN US! DISABILITY RETIREMENT UNIT INFO SESSION COMING SOON
Prepare for the unexpected – learn about LACERS’ disability retirement benefits with the Getting to Know Disability Retirement Quiz! After you take the quiz, register to join LACERS’ Disability Retirement Unit for an informational session on March 31 at 11:00 a.m. Topics discussed will pertain to LACERS Tier 1 and Tier 3 Members. Register via MyLACERS today.