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LACERS Active Members Update for October

Palm Trees and a clear sky

THINGS TO CONSIDER IF RETIRING EARLY

Members who began working for the City early in their lives/careers may begin to consider taking an early retirement once they find they meet the requirements at lacers.org/eligibility. However, several important points should be considered before taking an early retirement.

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LACERS Retired Members Update for October

LACERS OPEN ENROLLMENT STARTS TODAY!

Beginning today, October 15, 2024, to November 18, 2024, LACERS will accept applications for new enrollments, health plan changes, and addition of eligible dependents. Changes made during this period will become effective on January 1, 2025. If you wish to keep your current LACERS health coverage for 2025, you do not need to take any action. LACERS recommends reviewing the Open Enrollment materials to stay informed of your benefit options and costs.

Lacers Well - Email

LACERS Well Calendar of Events

Vintage retro toned palms

UPCOMING VIRTUAL EVENTS

COMPUTER TECHNOLOGY WEBINAR

Wednesday, October 9, 2:00 p.m. – 3:30 p.m. 

This webinar, in partnership with Mom’s Computer, a technology provider contracted by LACERS, helps Members navigate the changing technology landscape and offers tips on using computers, smartphones, tablets, the Internet, and more. 

Paycheck Flyer

September 2024 Paycheck Flyer

Open Enrollment text quote, concept background
2025 LACERS OPEN ENROLLMENT COMING SOON: OCTOBER 15 THROUGH NOVEMBER 18, 2024

LACERS Health Benefits Open Enrollment will be held from October 15 – November 18, 2024. This is your opportunity to enroll, make changes, or add eligible dependents to your LACERS medical or dental plan, with changes becoming effective January 1, 2025. If you do not wish to make changes, no action is required.

Open Enrollment packets will be mailed in early October.

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LACERS Retired Members Update for September

2025 LACERS OPEN ENROLLMENT COMING SOON: OCTOBER 15 THROUGH NOVEMBER 18, 2024

LACERS Health Benefits Open Enrollment will be held from October 15 through November 18, 2024. This is your opportunity to enroll, make changes, or add eligible dependents to your LACERS medical or dental plan, with changes becoming effective January 1, 2025. Open Enrollment packets will be mailed in early October. 

If you do not wish to make changes, no action is required. 

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LACERS Active Members Update for September

Los Angeles and Palm Trees Sunset

DISCOVER YOUR LACERS RETIREMENT BENEFITS

We are officially changing the name of our Planning for Retirement Seminars to Retirement Benefit Seminars. This is because planning for retirement is something that all City employees should learn about well before they are eligible to retire. 

Lacers Well - Email

LACERS Well Calendar of Events

Vintage retro toned palms

VOLUNTEER OPPORTUNITIES AT THE CABRILLO MARINE AQUARIUM

Join Cabrillo Marine Aquarium staff and become a volunteer where you can become a Docent (Touring, Middle school & High school Summer, Spring Outdoor Program and Aquatic Nursery), Whale Watch Training Program, Education Volunteer, and Aquarist Assistant. Please email CMA Volunteer Coordinator Floyd Anderson at floyd.anderson@lacity.org if you have any questions. 

Paycheck Flyer

August 2024 Paycheck Flyer

Coffee being served at conference meeting.
LACERS’ 2025 ANNUAL OPEN ENROLLMENT IS COMING SOON! REMINDERS AND UPDATES

LACERS’ Annual Open Enrollment period will be held in the fall, and materials will be mailed in October. Materials will also be available online at laers.org/health-benefits.

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LACERS Retired Members Update for August

Beautiful scenic downtown Los Angeles on golden sky sunny day.

UPCOMING CITY HOLIDAY

Upcoming City Holiday: LACERS will be closed on Monday, September 2, 2024, in observance of Labor Day. 

LACERS’ 2025 ANNUAL OPEN ENROLLMENT

LACERS’ Annual Open Enrollment period will be held in the fall, and materials will be mailed in October. Materials will also be available online at lacers.org/health-benefits.

Paycheck Flyer

July 2024 Paycheck Flyer

Cost of Living Adjustment written in chalk on a black notepad.
LACERS COST OF LIVING ADJUSTMENT EFFECTIVE JULY 1

The LACERS Board of Administration has approved the maximum allowable Cost-of-Living Adjustment (COLA) for eligible LACERS Retired Members and Beneficiaries at 3.0% for Tier 1 and Tier 1 Enhanced Members and 2.0% for Tier 3 Members. Click here to view 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.

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LACERS Active Members Update for July

Picture of Board President Annie Chao, Vice President Janna Sidley, and GM Neil Guglielmo

LACERS BOARD OF ADMINISTRATION UPDATES

LACERS Board Elects Annie Chao as Board President

Annie Chao has been re-elected as Board President at the July 23 meeting for the term ending July 2025. Additionally, she has been re-elected to serve on the LACERS Board by the Active Members for the term ending June 30, 2029.

LACERS Board Elects Janna Sidley as Vice President

Janna Sidley has been elected as Vice President at the July 23 meeting for the term ending July 2025. She was also re-appointed to serve on the LACERS board by Mayor Bass for the June 30, 2029 term. 

Paycheck Flyer

June 2024 Paycheck Flyer

Senior being hugged  by a loved one
LACERS COST OF LIVING ADJUSTMENT EFFECTIVE JULY 1

The LACERS Board of Administration has approved the maximum allowable Cost-of-Living Adjustment (COLA) for eligible LACERS Retired Members and Beneficiaries at 3.0% for Tier 1 and Tier 1 Enhanced Members and 2.0% for Tier 3 Members. Click here to view 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.

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