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Paycheck Flyer

May 2024 Paycheck Flyer

View of Online Appointment Booking on Lap Tap
LACERS APPOINTMENT-BASED SERVICE BEGINS JUNE 3RD

On Monday, June 3, LACERS will begin utilizing an appointment-based system to provide you with the convenience to coordinate getting all your retirement needs addressed on your schedule. There will be two options for appointments: in person, at our headquarters, and virtually, via Zoom. These new options will allow for timely and convenient access to get your questions answered. To make an appointment, visit lacers.org/contact-us or call (800) 779-8328.

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LACERS Retired Members Update for May

Romantic couple

LACERS APPOINTMENT-BASED SERVICE BEGINS JUNE 3

On Monday, June 3, LACERS will begin utilizing an appointment-based system for all Members who need in-person assistance. There will be two options for appointments: in person, at our headquarters, and virtually, via Zoom. These new options will allow for timely and convenient access to get your questions answered. Click here to make an appointment online or call (800) 779-8328. 

Appointments aren’t necessary if you drop off documents Monday – Friday 8:00 a.m. – 4:00 p.m., and don’t need to speak to anyone. Please note that our operating hours have changed. 

In-Person and Virtual Appointment Hours
8:00 a.m. – 4:00 p.m., Monday – Friday

Phone Hours
7:00 a.m. – 4:00 p.m., Monday, Wednesday, Thursday, Friday
7:00 a.m. – 3:00 p.m., Tuesday

*Please be advised that pre-entry metal detector screening requirements are in place at LACERS’ headquarters, and a current government-issued photo identification or City employee badge is required except when attending public meetings of the LACERS Board of Administration. Parking is not available at the building. Paid parking lots, public transit, and street parking are available nearby.

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LACERS Active Members Update for May

Los Angeles City Hall on a sunny day

LACERS APPOINTMENT-BASED SERVICE BEGINS JUNE 3

On Monday, June 3, LACERS will begin utilizing an appointment-based system for all Members who need in-person assistance. There will be two options for appointments: in person, at our headquarters, and virtually, via Zoom. These new options will allow for timely and convenient access to get your questions answered. Click here to make an appointment online or call (800) 779-8328. 

Appointments aren’t necessary if you drop off documents Monday – Friday 8:00 a.m. – 4:00 p.m., and don’t need to speak to anyone. Please note that our operating hours have changed. 

In-Person and Virtual Appointment Hours
8:00 a.m. – 4:00 p.m., Monday – Friday

Phone Hours
7:00 a.m. – 4:00 p.m., Monday, Wednesday, Thursday, Friday
7:00 a.m. – 3:00 p.m., Tuesday

*Please be advised that pre-entry metal detector screening requirements are in place at LACERS’ headquarters, and a current government-issued photo identification or City employee badge is required except when attending public meetings of the LACERS Board of Administration. Parking is not available at the building. Paid parking lots, public transit, and street parking are available nearby. 

Paycheck Flyer

April 2024 Paycheck Flyer

Technology and media social concept. Top view of wooden cubes with text SUBSCRIBE and like, comment and share icon.
@LACERSOFFICIAL IS THE NEW NAME OF THE LACERS YOUTUBE CHANNEL

New name, but same great source for information about your LACERS benefits and helpful wellness content. The LACERS channel is now verified on YouTube, which means it is officially recognized as a credible source for LACERS content as a recognized public entity. Visit the channel at its new web address: youtube.com/@lacersofficial to subscribe and join over 2,000 other Members who are notified when new content is posted!

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LACERS Active Members Update for April

A photo of Earth

APRIL 22 IS EARTH DAY

Earth Day reminds us of the importance of environmental conservation and sustainability. Let’s unite to protect the Earth today and for generations to come. Together, we can make a meaningful impact and create a more sustainable world. Get involved by visiting the Earth Day website

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LACERS Retired Members Update for April

A photo of Earth

APRIL 22 IS EARTH DAY

Earth Day reminds us of the importance of environmental conservation and sustainability. Let’s unite to protect the Earth today and for generations to come. Together, we can make a meaningful impact and create a more sustainable world. Get involved by visiting the Earth Day website

Paycheck Flyer

March 2024 Paycheck Flyer

Couple of cheerful elderly female friends eating ice cream outdoors .on a sunny  day.
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. Tier 1 and Tier 1 Enhanced Members are City employees who became LACERS Members on or before February 20, 2016. Tier 3 Members are City employees who became LACERS Members on or after February 21, 2016.

Paycheck Flyer

February 2024 Paycheck Flyer

Withholding tax in blue table.
ANNUAL NOTICE OF RIGHT TO ELECT OR REVOKE FEDERAL INCOME TAX WITHHOLDING

LACERS is required to inform you that your periodic benefit payments from LACERS may be subject to Federal Income Tax withholding unless you elect not to withhold. If your benefit becomes effective in 2024, and a completed Form W-4P is not on file with LACERS, your withholding will be calculated as if your filing status is Single with no adjustments. For benefits that began before 2024, your current withholding remains in effect unless you submit a new Form W-4P.

Paycheck Flyer

January 2024 Paycheck Flyer

Senior couple discussing finances with tax advisor.
LACERS 2023 1099-R FORMS HAVE BEEN MAILED  

LACERS has completed its mailing of 1099-R tax forms to retirees and beneficiaries for the 2023 tax year. The 1099-Rs are only sent to the address on file with LACERS. Therefore, if you have recently moved or changed your address, please complete and submit a Change of Address form. If you have not received your 1099-R, the earliest that you may request a duplicate to be mailed to you is the second week of February.

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LACERS Retired Members Update for January

Los Angeles Winter

LACERS 2023 1099-R FORMS HAVE BEEN MAILED

LACERS has mailed its 1099-R tax forms to retirees and beneficiaries for the 2023 tax year. The 1099-Rs are only sent to the address on file with LACERS. Therefore, if you have recently moved or changed your address, please complete and submit a Change of Address form. If you have not received your 1099-R, the earliest you may request a duplicate to be mailed to you is the second week of February. You may also view your 1099-R via your MyLACERS account beginning in February.

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