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LACERS Retired Members July Update
ANNOUNCEMENTS
Farewell from LACERS’ Executive Officer, Lita Payne:
We’d like to congratulate Lita Payne, LACERS’ Executive Officer, on her career with the City and thank her for her service to LACERS. Please take a moment to read a special farewell message from Lita here.
Retiree July 2021 Paycheck Flyer
2021 Cost of Living Adjustment Effective July 1
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 1.6% for 2021.
LACERS Well Calendar of Events
Join us for Upcoming LACERS Well Events!
CONNECT WITH OTHERS
FINANCIAL HEALTH WEBINARS
Learn tips for building strong financial health during these upcoming webinars:
Financial Mastery & Retirement Webinar Series
Wednesday, July 7, 2021 at 10:00 a.m.
Wednesday, July 14, 2021 at 10:00 a.m.
Financial Scams Webinar
Wednesday, July 21, 2021 at 10:00 a.m.
LACERS Active Members June Update
LEARNING ABOUT SURVIVOR BENEFITS QUIZ
Preparing for the unexpected isn’t always easy, but one way you can do so is by learning about your survivor benefits. Click here to watch the Survivor Benefits Overview video on the LACERS YouTube channel. Make sure to subscribe to the channel while you’re there! Then, take the Learning About Survivor Benefits quiz here to be entered into a drawing to win one of five $50 Amazon e-gift cards! Winners will be randomly selected. Complete the quiz by Friday, July 9, 2021 to be entered.
LACERS Retired Members June Update
MEMBER RESOURCES
World Elder Abuse Awareness Day: World Elder Abuse Awareness Day (WEAAD) was launched on June 15, 2006 by the International Network for the Prevention of Elder Abuse and the World Health Organization at the United Nations. Click here to learn more about WEAAD.
Retiree June 2021 Paycheck Flyer
Join LACERS Well at these Upcoming July Virtual Events
Register for the events listed below through your MyLACERS account at mylacers.lacers.org. For a full list of LACERS Well events, including the Virtual Book Club and Movie Review Club led by our LACERS Well Champions, please visit lacers.org/lacers-well-events. If you require assistance, send an email to lacerswell@lacers.org.
World Elder Abuse Awareness Day is June 15
Building Strong Support for Elders
World Elder Abuse Awareness Day (WEAAD) was launched on June 15,
2006 by the International Network for the Prevention of Elder
Abuse and the World Health Organization at the United
Nations.
The purpose of WEAAD is to provide an opportunity for communities
around the world to promote a better understanding of abuse and
neglect of older persons by raising awareness of the cultural,
social, economic and demographic processes affecting elder abuse
and neglect.
L.A. IS FOR EVERYONE
#LAforALL
LA for ALL is a creative-led campaign to stand against hate and stand for the values of diversity, belonging and inclusion. The campaign, designed by LA artists, meets at the intersection of art, advocacy, and community to share hate crime and hate incident information.
LA for ALL is led by the Civil + Human Rights and Equity Department, with support from the Department of Public Works, the Department of Cultural Affairs, and many more.
Active Members Spring 2021 Newsletter is Here!
The Active Members Spring 2021 newsletter is now available here on the LACERS website! In its pages you’ll find updates from LACERS’ Board of Administration President and General Manager, budget-friendly activity ideas, emergency preparedness tips, and more. You’ll also find articles about staying connected with LACERS via your MyLACERS account and LACERS’ Y
LACERS Well Calendar of Events
Join us for Upcoming LACERS Well Events!
CONNECT WITH OTHERS
AGING MASTERY PROGRAM (AMP)
Every Tuesday and Thursday from June 1, 2021 – July 1, 2021 at 10:00 a.m.
LACERS will be running this 5-week, twice-weekly course to help you build your own personal playbook for aging well and empowering you to take key steps to improve your well-being. To learn more, click here.
Mr. Ken Chenault Presentation
To listen to Mr. Ken Chenault speak to the Board of Administration on May 11, 2021, regarding Diversity & Inclusion, Leadership, and Market Outlook, please use the provided link below. Mr. Chenault is the former CEO and Chairman of American Express from 2001 until 2017 and was the third African American CEO of a Fortune 500 company. He is currently the Chairman and Managing Director at General Catalyst, one of many venture capital firms that manages private equity companies on behalf of LACERS.
Launching Soon: Retirement Application Portal
The new online Retirement Application Portal (RAP) is launching this month! In mid-June, Members retiring in August 2021 and beyond will have access to this secure and convenient way to apply for retirement.
Here are some key steps to take before accessing the RAP:
Retired Members Spring 2021 Newsletter is Here!
The Retired Members Spring 2021 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, budget-friendly activity ideas, emergency preparedness tips, and more. Printed versions of the newsletter will be arriving through the mail in the near future.
LACERS Active Members May Update
PERSONAL SAFETY TIPS
The world around us is constantly changing and at times can be very unpredictable; it’s therefore more important than ever to make sure that you take the necessary measures to keep yourself safe as you begin to venture out into your communities and beyond. Click here for tips to increase your personal security while away from your home.
LACERS Retired Members May Update
MEMBER RESOURCES
Personal Safety Tips: The world around us is constantly changing and at times can be very unpredictable; it’s therefore more important than ever to make sure that you take the necessary measures to keep yourself safe as you begin to venture out into your communities and beyond. Click here for tips to increase your personal security while away from your home.
Coming Soon: Online Retirement Application Portal
The launch of the new online Retirement Application Portal (RAP) is just around the corner! Soon Members will have access to this efficient and convenient way to apply for retirement.
If you will be retiring in the near future, here are some key steps to take before accessing the RAP:
Retiree May 2021 Paycheck Flyer
Cost of Living Adjustment for 2021
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 1.6% for 2021.
The maximum COLA is set by the City of Los Angeles Administrative Code at 3.0% for Tier 1 and Tier 1 Enhanced Members, and is set at 2.0% for Tier 3 Members.
Learn About the Upcoming Retirement Application Portal!
Coming Soon: Online Retirement Application Portal
The development of the new online Retirement Application Portal (RAP) is nearing completion, and soon you will be able to apply and complete the entire retirement process from the comfort of your own home!
LACERS Response to City Council Motion on Healthcare Costs
On March 3, 2021, the Los Angeles City Council approved Council Motion 20-1606 to have the City Administrative Officer, in consultation with LACERS, Los Angeles Fire and Police Pensions, and the City’s Personnel Department, along with labor, report to the Executive Employee Relations Committee and appropriate City Council Committees, viable options to reduce health care costs, yet still offer affordable high-quality healthcare.
LACERS Well Calendar of Events
Join us for Upcoming LACERS Well Events!
CONNECT WITH OTHERS
MOTHER’S DAY GET-TOGETHER
Thursday, May 6, 2021 at 2:00 p.m.
Join us tomorrow to celebrate Mother’s Day with fun, socializing, games, and prizes via Zoom to pay tribute to all the moms out there. Details can be found here.