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Retiree December 2020 Paycheck Flyer
New Logo, Same Commitment!
LACERS is proud to announce the launch of our new logo and brand identity as part of the ongoing evolution of our organization. We have grown and evolved over this past year, and we are refreshing our brand to better reflect who we are. After careful consideration, we have chosen a new logo that is modern with key elements that convey our mission and orientation for growth, while remaining true to our commitment to our Members!
Retiree November 2020 Paycheck Flyer
LACERS Open Enrollment Period Continues
LACERS Open Enrollment started on October 15, 2020 and will run until March 31, 2021. This year’s Open Enrollment period was extended to allow staff more time to process your requests while handling the increased workload associated with the City’s retirement incentive program. As mentioned in previous communications, LACERS will have up to three months to process your request and keep in mind that you cannot make another change for at least one year from your change’s effective date unless you have a qualifying event.
Mayor Garcetti’s Message to LACERS Retirees
Click the video to view Mayor Eric Garcetti’s message to current and future LACERS Retirees.
LACERS Retired Members November Update
LACERS Holiday Hours
Thanksgiving is quickly approaching, and this year the LACERS 800 phone number will not be in service from November 23 through November 25. Members can still reach LACERS for urgent matters by email at lacers.services@lacers.org. LACERS will be closed on November 26 and 27. Please keep these dates in mind and plan ahead if you would like to speak with a LACERS representative via phone. We look forward to continuing to assist our Members and hope everyone has a wonderful Thanksgiving!
LACERS Active Members November Update
LACERS Holiday Hours
Thanksgiving is quickly approaching, and this year the LACERS 800 phone number will not be in service from November 23 through November 25. Members can still reach LACERS for urgent matters by email at lacers.services@lacers.org. LACERS will be closed on November 26 and 27. Please keep these dates in mind and plan ahead if you would like to speak with a LACERS representative via phone. We look forward to continuing to assist our Members and hope everyone has a wonderful Thanksgiving!
LACERS Retired Members Update
Combat the “Holiday Blues” with an Upcoming Zoom Meeting
Please join us for our LACERS Zoom Meeting – Holiday Wellness Workshop: Understanding Holiday Blues. This Zoom meeting will feature Dr. Haydeh Fakhrabadi, Psy.D., CPII Clinical Psychologist with the Los Angeles County Department of Mental Health.
LACERS Active Members October Update
LACERS and Your Benefits Quiz
To celebrate National Retirement Security Month, we have put together a quiz that will help you learn about LACERS and your benefits, and also showcases the great resources available on our recently revamped website, www.lacers.org! Out of the Members who take the quiz,100 will be randomly selected to receive some LACERS’ swag. Please take the quiz by October 31, 2020 to be considered.
Retiree October 2020 Paycheck Flyer
There’s Still Time: Virtual Open Enrollment Meetings
Don’t miss your chance to attend any of the three remaining virtual Open Enrollment meetings available for you to learn about changes for 2021 and your health plan options. The virtual meetings are health carrier specific and will be held on the following dates:
Building the Future of LACERS Today
Enhancing our Member and Employee Experience During a Global Pandemic
The global COVID-19 pandemic has suddenly accelerated the need for many organizations to transform and respond to unprecedented change in operations and societal behavior.
As a different world takes shape, LACERS has responded by
modernizing our operations in transformative ways. From enabling
remote work to opening new channels of communication with our
Members, we are on a journey of digital transformation to enhance
the Member and employee experience offered by LACERS.
Open Enrollment: October 15 – March 31, 2021
NOT YOUR TYPICAL OPEN ENROLLMENT YEAR
Open Enrollment for the 2021 plan year will be from October 15, 2020 to March 31, 2021. Due to different City-sponsored programs competing for LACERS health staff’s availability, the typical Open Enrollment period will be extended to allow Members and staff more time to process health plan enrollments and changes.
If you decide to enroll in a plan or make changes to your existing plan during this Open Enrollment, please be aware that:
LACERS Retired Members October Update
Coming Soon: Open Enrollment Virtual Meetings
Due to the threat of COVID-19, LACERS will conduct Open Enrollment meetings via Zoom this year, with the option to call-in via phone. LACERS will offer these virtual meetings with each health carrier, and each meeting will include LACERS updates for the coming plan year, a presentation by the carrier, and a question and answer session.
Please see the schedule below:
LACERS Retired Members September Update
Quick Links:
- From the General Manager’s Desk: LACERS Reports Preliminary 1.1% Investment Return for Fiscal Year 2019-20
- Open Enrollment Update
- Wildfire Impact on Members
- Escape the Weather with City of Los Angeles Relief Centers
- Now Available: Pension Verification form and Change of Email form
- COVID-19 Resources
- Flu Prevention Tips
LACERS Active Members September Update
Quick Links:
News from the General Manager’s Desk
LACERS Reports Preliminary 1.1% Investment Return for Fiscal Year 2019-20
Fiscal Year 2019-20, as you can imagine, was a year of uncertainties for investments. With the economy stalled due to the COVID-19 pandemic, LACERS ended the fiscal year with a slightly positive return thanks to an investment policy and asset allocation that is designed to withstand volatility and fluctuations in the market through a diversified portfolio that includes U.S. Equity, Non-U.S. Equity, Core Fixed Income, Credit Opportunities, Private Equity, Public Real Assets, Real Estate, and Cash asset classes.
Wildfire Impact on Members
Our hearts go out to those affected by the recent wildfires. If you’re a LACERS member who’s been impacted, please keep the following information in mind to make sure that you continue to receive your LACERS benefits and have access to the help and information you need:
Beat the Heat with City of Los Angeles Cooling Centers
Temperatures are soaring this summer! To combat these extended periods of high temperatures, the City of Los Angeles provides cooling centers at facilities throughout Los Angeles where community members can go to escape the heat. Click here to see when and where cooling centers will be available, and read about heat safety tips to help you stay safe during periods of high heat.
CSIP Enrollment Reopens, Non-CSIP Retirement Suspended from November 1, 2020 – January 31, 2021
LACERS Active Member September Info Bulletin
QUICK LINKS:
Furlough Status and Retirement
Understanding how furlough status affects your retirement
Will mandatory furloughs affect my retirement
benefits?
No. Taking furlough days will not impact your retirement benefits
because your benefit is determined by your Compensation Earnable,
which is the amount your classification earns for 80 hours in a
pay period.
LACERS Retired Members August Update
Making Healthy Choices in the Kitchen
Making healthy lifestyle choices will benefit you in the long-run and allow you to continue doing the activities you love. One way you can work toward a healthy lifestyle is by making healthier eating choices. Click here to read an article by the American Heart Association about ways you can be smart in the kitchen.
LACERS Active Members August Update
New Tier 1 Mini Topical Retirement Benefit Videos
We are excited to share with you 16 new mini retirement benefit videos on the official LACERS YouTube Channel! The videos are short in length and categorized by topical sections to help you better understand your retirement benefits and process. Make sure to check them out here, and subscribe for the latest updates to the channel!