If you don’t know when you can retire or how much you will receive once you do, review this section to understand what’s available to you!
You can submit important documents for your retirement file or attend a seminar. It’s never too early to start planning for retirement.
New Policy for Managed Service Retirements Process
Based on operational changes made necessary to comply with the declared City health and/or fiscal emergency, LACERS has instituted a Managed Service Retirement Application Policy for all active City employees wishing to retire.
The policy goes into effect May 1, 2020. This means retirement applications will be taken in the order received and placed in a processing queue. Retirement effective dates will be scheduled by LACERS based on the number of applications received and resources available.
Every effort will be made to schedule a retirement effective date close to the member’s original requested date. LACERS is committed to the process and delivery of all retirement benefits as promptly as is feasible under these challenging emergency circumstances. Further details on the managed retirement process can be found at the Managed Retirement Application Frequently Asked Questions.
Retirement Applications on File
If you already have a retirement application on file with LACERS, please be advised applications will be prioritized based on your retirement effective date and the completeness of your retirement forms and documents. Service Retirement staff will contact you to inform you on the status of your application. Due to limited staff and the precautionary measures implemented by the Mayor and as recommended by various public health agencies, communication will be limited and on an as-needed basis. We ask for your patience and cooperation during this challenging time.
You may only apply for retirement within 30-60 days of your retirement date. When selecting a retirement date, keep in mind the following:
There are several opportunities to supplement your LACERS retirement allowance, which may or may not be enough to cover your expenses in retirement.