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Active Members Summer 2023 Newsletter is Here!
YOUR MID-YEAR CHECK-UP AND MORE IN THIS ISSUE.
The Active Members Summer 2023 Newsletter is now available on the LACERS website! From assessing where you are with a mid-year check-up to learning how LACERS navigates the current economic environment to protect and grow the LACERS Fund, this is a newsletter you won’t want to miss!
August 2023 Paycheck Flyer
LACERS FRONT DESK NEW OPERATING HOURS
LACERS Headquarters’ Front Desk at 977 N. Broadway has temporarily adjusted its hours. The Front Desk is now open Monday – Friday, 7:00 a.m. – 1:00 p.m.; no appointment is necessary. Unable to visit our offices during these hours?
LACERS Retired Members Update for August
ANNOUNCEMENT
Upcoming Office Closure: LACERS offices will be closed on Friday, August 25, 2023, phone and email assistance will be available during the office closure.
Upcoming City Holiday: LACERS will be closed on Monday, September 4, 2023, in observance of Labor Day.
LACERS Active Members Update for August
ANNOUNCEMENT
Upcoming Office Closure: LACERS offices will be closed on Friday, August 25, 2023, phone and email assistance will be available during the office closure.
Upcoming City Holiday: LACERS will be closed on Monday, September 4, 2023, in observance of Labor Day.
LACERS Retired Members Check-Up 2023
Now’s the perfect time to do a mid-year check-up on your LACERS benefits. Here are some things to check off your list:
Keep Your Beneficiaries Current
Make it a habit to review your designated beneficiaries on file with LACERS annually so that your benefits are paid out as intended if you pass away.
LACERS Active Members Check-Up 2023
Now’s the perfect time to do a mid-year check-up on your LACERS benefits. Here are some things to check off your list:
MyLACERS Account
Have you created your profile on the LACERS Member Portal? MyLACERS is your online gateway to real-time details about your retirement account. You can generate a member statement, register for upcoming webinars and events, or create a benefit estimate for a future retirement date. Request a PIN letter today! Don’t know how…watch this two-minute video.
Retired Members Summer 2023 Newsletter is Here!
YOUR MID-YEAR CHECK-UP AND MORE IN THIS ISSUE.
The Retired Members Summer 2023 Newsletter is now available on the LACERS website! From assessing where you are with a mid-year check-up to learning how LACERS is navigating the current economic environment to protect and grow the LACERS Fund, this is a newsletter you won’t want to miss!
LACERS Well Calendar of Events
REMINDER: NEW CHAMPION ACTIVITIES!
Join our Champion Leaders as they facilitate the following activities:
July 2023 Paycheck Flyer
THERE’S NO TIME LIKE THE PRESENT TO HAVE YOUR ANNUAL EYE EXAM
An annual eye exam can help you stay on top of healthy eye care. Don’t wait! Take care of your eyes this summer. LACERS Vision coverage is available for Members who participate in a LACERS-sponsored medical plan. Anthem Blue View Vision is available to Members who are enrolled in Anthem Blue Cross, SCAN Health Plan, or UnitedHealthcare. Members enrolled in a Kaiser Permanente plan are covered for vision services with Kaiser.
LACERS Retired Members Update for July
ANNOUNCEMENT
LACERS welcomes our newest Commissioner to our Board of Administration, Mr. Gaylord “Rusty” Roten. Commissioner Roten will attend his first LACERS Board meeting on Tuesday, July 25, 2023. Join us in welcoming him to the LACERS Board!
To learn more about Commissioner Roten and the other members of the Board, please visit our Board Members webpage.
LACERS Active Members Update for July
ANNOUNCEMENT
LACERS welcomes our newest Commissioner to our Board of Administration, Mr. Gaylord “Rusty” Roten. Commissioner Roten will attend his first LACERS Board meeting on Tuesday, July 25, 2023. Join us in welcoming him to the LACERS Board!
To learn more about Commissioner Roten and the other members of the Board, please visit our Board Members webpage.
LACERS Well Calendar of Events
COMING SOON…NEW CHAMPION ACTIVITIES!
Join our New Champion Leaders as they facilitate the following new activities:
June 2023 Paycheck Flyer
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.
LACERS Retired Members Update for June
ANNOUNCEMENT
Upcoming City Holiday: LACERS will be closed on Monday, June 19, 2023, in observance of Juneteenth.
LACERS Active Members Update for June
ANNOUNCEMENT
Upcoming City Holiday: LACERS will be closed on Monday, June 19, 2023, in observance of Juneteenth.
LACERS Well Calendar of Events
IN-PERSON EVENTS ARE BACK. WE LOOK FORWARD TO SEEING YOU!
ESTATE PLANNING EVENT
Monday, June 12, 9:00 a.m. – 2:00 p.m., Almansor Court in Alhambra
This in-person event will cover topics such as Wills, Revocable Living Trusts, LACERS Special Durable Power of Attorney forms, and more. A light breakfast and lunch will be served. Opportunity drawings will take place during the event.
May 2023 Paycheck Flyer
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.
PUBLIC COMMENT OPEN – DISCRETIONARY COLA
On April 14, 2023, the LACERS Board introduced a request to the City Council to consider a Discretionary Cost-of-Living Adjustment (COLA) for Retired Members and Beneficiaries (Council File # 23-0418) to help combat the high inflation experienced during the most recent fiscal year.
LACERS Retired Members Update for May
ANNOUNCEMENT
Upcoming City Holiday: LACERS will be closed on Monday, May 29, 2023, in observance of Memorial Day.
LACERS Active Members Update for May
ANNOUNCEMENT
Upcoming City Holiday: LACERS will be closed on Monday, May 29, 2023, in observance of Memorial Day.