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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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LACERS Active Members Update for January

Los Angeles Winter

WE NEED YOUR FEEDBACK: TAKE THE LACERS FAMILY DEATH BENEFIT PLAN SURVEY

LACERS wants to understand our members’ knowledge of the Family Death Benefit Plan (FDBP). Please take our brief survey. Your participation is appreciated!

Paycheck Flyer

December 2023 Paycheck Flyer

WE WISH YOU A Happy New Year 2024 calligraphy text font.
2024 LACERS OPEN ENROLLMENT – REMINDERS AND UPDATES 
  • Health plan changes made during the 2024 Open Enrollment period are effective from January 1 through December 31, 2024, unless you experience a qualifying event and change plans by the associated deadlines. New deductions that reflect your health plan changes will appear on your December 31, 2023, retirement check.
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LACERS Active Members Update for December

Beautiful snowy forest and abstract shiny light background

IMPORTANT: UPCOMING HOLIDAY HOURS

LACERS’ front desk will be closed, and the 800 number will be offline from December 22nd – January 1st. LACERS will continue to reply to incoming emails and respond to voicemails during this time except on December 25th and January 1st in observance of the respective holidays.

Please keep these dates in mind and plan ahead if you want to speak with a LACERS representative by phone. We look forward to continuing to assist our Members and wish everyone a wonderful holiday season! 

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LACERS Retired Members Update for December

Holiday background

IMPORTANT: UPCOMING HOLIDAY HOURS

LACERS’ front desk will be closed, and the 800 number will be offline from December 22nd – January 1st. LACERS will continue to reply to incoming emails and respond to voicemails during this time except on December 25th and January 1st in observance of the holidays.

Please keep these dates in mind and plan ahead if you want to speak with a LACERS representative by phone. We look forward to continuing to assist our Members and wish everyone a wonderful holiday season! 

Paycheck Flyer

November 2023 Paycheck Flyer

Stethoscope on a calculator and money
LACERS RESUMES NORMAL OPERATING HOURS AT ITS FRONT DESK 

LACERS has resumed its front desk’s normal hours of operation: Monday – Friday, 7:00 a.m. – 4:00 p.m. No appointment is needed. As a reminder, we offer more ways to serve you, including phone and email assistance, virtual sessions, and Secure Document Upload for submitting forms safely.

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LACERS Retired Members Update for November

Happy Thanksgiving handwritten script text with pumpkins, squash and gourds colorful background texture

LACERS OPEN ENROLLMENT ENDS TODAY 

Today, November 16 is the last day to make Open Enrollment changes to your LACERS health and dental plans. Open Enrollment changes made by today will become effective on January 1, 2024. Unless you have a qualifying event, the next opportunity to change your LACERS health or dental plan will be next year during the Open Enrollment period for 2025.

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LACERS Active Members Update for November

Thanksgiving message with autumn leaves and an orange pumpkin

IMPORTANT: THANKSGIVING HOLIDAY HOURS

The Thanksgiving holiday is quickly approaching, the LACERS Front Desk will be closed and the LACERS 800 phone number will not be in service from November 20 through November 22. Members can still reach LACERS for urgent matters either by leaving a voicemail at (800) 779-8328 or by emailing us at lacers.services@lacers.org. LACERS will be closed on November 23 and 24 for the Thanksgiving Holiday.

Please keep these dates in mind and plan ahead if you want to speak with a LACERS representative by phone. We look forward to continuing to assist our Members and wish everyone a wonderful holiday!

Paycheck Flyer

October 2023 Paycheck Flyer

Happy senior couple in golf course
REMINDER: LACERS 2024 OPEN ENROLLMENT PERIOD ENDS NOVEMBER 16

There’s still time to make changes to your LACERS coverage for next year! LACERS’ Open Enrollment period runs from October 16 – November 16. The Open Enrollment period is an opportunity to enroll in a health or dental plan, change your plan, or add dependents, with changes becoming effective on January 1, 2024.  Open Enrollment packets were mailed in early October and are also available online at lacers.org/enrollment

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Medicare Part B Premium for 2024

Happy senior couple talking with their female nurse at home

MEDICARE PART B PREMIUMS FOR 2024

As a reminder, all Retired Members and their dependents who are eligible for Medicare and enrolled in a LACERS plan are required to enroll in Medicare Part B.  Retired Members enrolled in Medicare Parts A & B with at least 10 years of Service who are enrolled in a LACERS Senior medical plan or participate in the Medical Premium Reimbursement Program (MPRP) are eligible for a reimbursement of their standard (basic) Medicare Part B premium.

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Active Members October Update

Autumn yellow leaves on blue sky background. Golden autumn concept. Sunny day, warm weather.

HOW DOES DIVORCE AFFECT YOUR RETIREMENT?

Members may not realize that a dissolution of their marriage or domestic partnership can impact their LACERS retirement benefits. If you and your spouse or state-registered domestic partner are considering this course of action, you should consider the potential effects.

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