In the News
LACERS Retired Members March Update
REOPENING APRIL 3 AT NEW LOCATION
Starting April 3, LACERS Front Desk at our new location on the first floor of 977 N. Broadway in Downtown Los Angeles’ Chinatown will be open Monday – Friday, 7:00 a.m. – 4:00 p.m., for general inquiries and document drop-off. Appointments are also available through our online booking system.
All online services and virtual counseling remain available for our Members.
LACERS Active Members March Update
REOPENING APRIL 3 AT NEW LOCATION
Starting April 3, LACERS Front Desk at our new location on the first floor of 977 N. Broadway in Downtown Los Angeles’ Chinatown will be open Monday – Friday, 7:00 a.m. – 4:00 p.m., for general inquiries and document drop-off. Appointments are also available through our online booking system.
All online services and virtual counseling remain available for our Members.
Celebrating Women’s History Month
Watch Our Video Honoring Women LACERS Staff Past and Present
Women’s History Month started locally in California as “Women’s History Week.” The Education Task Force of the Sonoma County Commission on the Status of Women planned and executed a “Women’s History Week” celebration in 1978. The organizers selected the week of March 8 to correspond with International Women’s Day. The movement spread nationwide as other communities initiated their Women’s History Week celebrations the following year.
LACERS In-Person Appointments Resume Monday, April 3
LACERS’ MOVE TO 977 N. BROADWAY IS NEARLY COMPLETE
LACERS in-person appointments will resume on Monday, April 3rd, at our new location, 977 N. Broadway in Downtown Los Angeles’ Chinatown.
ANNOUNCEMENT: LACERS IS OPENING ON APRIL 3
WE LOOK FORWARD TO SERVING YOU AT OUR NEW HEADQUARTERS!
We are happy to announce that on April 3rd, LACERS will be open for Member Services at our new building located at 977 N. Broadway in Downtown Los Angeles’ Chinatown.
Our Front Desk will be open Monday-Friday 7:00 a.m. - 4:00 p.m. for general inquiries and document drop-off. Appointments are also available through our online booking system.
February 2023 Paycheck Flyer
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 2023, 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 2023, your current withholding remains in effect unless you submit a new Form W-4P.
LACERS Active Members February Update
JOIN THE LACERS PENSION SYMPOSIUM TOMORROW AT 9:00 A.M.
Join us tomorrow, February 22, from 9:00 a.m. – 3:00 p.m. via Zoom for our first virtual Pension Symposium. The 2023 LACERS Pension Symposium will feature a range of speakers presenting on the national perspective of public pensions, risks to public pension funds, aspects of investments, retirement, and LACERS’ operations and innovations. For more information on this event, click here.
LACERS Retired Members February Update
JOIN THE LACERS PENSION SYMPOSIUM TOMORROW AT 9:00 A.M.
Join us tomorrow, February 22, from 9:00 a.m. – 3:00 p.m. via Zoom for our first virtual Pension Symposium. The 2023 LACERS Pension Symposium will feature a range of speakers presenting on the national perspective of public pensions, risks to public pension funds, aspects of investments, retirement, and LACERS’ operations and innovations. For more information on this event, click here.
Preliminary Notification of Election
To: All Active LACERS Members
Are you an Active LACERS Member? Would you like to run for a seat
on the LACERS Board of Administration? If you answered “Yes”
to both questions, then you will need to take the first step and
file a nominating petition.
Beginning Friday, February 17, 2023, nominating petitions for the
Office of Employee-Member of the LACERS Board of Administration
will be available at City Clerk – Election Division, 555 Ramirez
Street, Space 300, Los Angeles, CA 90012, during regular office
hours of 8:00 a.m. to 5:00 p.m., Monday to Friday. Candidates may
email clerk.electionAdmin@lacity.org to
set-up an appointment to pick-up Nominating Petitions.
Appointments are not required, but are recommended.
Active Members Winter 2023 Newsletter is Here!
INVESTING 10 MINUTES READING THIS NEWSLETTER CAN ENHANCE YOUR RETIREMENT BENEFITS KNOWLEDGE.
The Active Members Winter 2023 newsletter is now available on the LACERS website! This installment opens with an important message from LACERS Board President Nilza Serrano. As you read further, you’ll learn about various topics, such as:
LACERS Well Calendar of Events
THERE IS MORE THAN ONE WAY TO EXPERIENCE LACERS WELL!
When “life happens,” it can require us to focus on other priorities besides our own wellness. And that’s okay. LACERS Well has you covered! If you have missed past LACERS Well events, we have event recordings on various topics – finances, emotional wellness, fitness, and more!
Visit the LACERS YouTube channel to experience these offerings today. And while you’re at it, feel free to share the experience of LACERS Well with your family and friends.
Our desire is to help you meet your 2023 wellness goals.
January 2023 Paycheck Flyer
NEW IRS AND CA STATE TAX WITHHOLDING FORMS FOR 2023
The IRS released a revised Form W-4P (Withholding Certificate for Periodic Pension or Annuity Payments) effective January 2023, which includes substantial changes to the federal tax withholding elections available, as well as changes to the calculation LACERS performs to determine the amount to be withheld. The new Form W-4P is posted on LACERS.org and is now available for use.
LACERS Retired Members January Update
SAVE THE DATE! LACERS PENSION SYMPOSIUM FEBRUARY 22
Join us for our first virtual Pension Symposium on Wednesday, February 22, from 9:00 a.m. – 3:00 p.m. via Zoom. The 2023 LACERS Pension Symposium will feature a range of speakers presenting on the national perspective of public pensions, risks to public pension funds, aspects of investments, retirement, and LACERS operations and innovations. For more information on this event, click here.
LACERS Active Members January Update
SAVE THE DATE! LACERS PENSION SYMPOSIUM FEBRUARY 22
Join us for our first virtual Pension Symposium on Wednesday, February 22, from 9:00 a.m. – 3:00 p.m. via Zoom. The 2023 LACERS Pension Symposium will feature a range of speakers presenting on the national perspective of public pensions, risks to public pension funds, aspects of investments, retirement, and LACERS operations and innovations. For more information on this event, click here.
LACERS Well Calendar of Events
HAPPY NEW YEAR FROM THE LACERS WELL TEAM!
We are brimming with excitement because 2023 is here and we have great news! Many of the wellness events Members enjoyed in 2022 are returning. Fitness Made Simple with Sean Foy, Mom’s Computer Events with Elijah and his team, and offerings from Alzheimer’s Los Angeles and Los Angeles County too. Check out our upcoming events below.
Our desire is to help you meet your 2023 wellness goals.
You can register for these events via your MyLACERS online portal account or by calling LACERS at (800) 779-8328. Once you have registered, expect Zoom access information to be provided at least one day before your event.
Retired Members Winter 2022 Newsletter is Here!
View our latest newsletter here. This edition begins with an important message from LACERS Board President Nilza Serrano. From there, you’ll discover tips for using technology safely, learn why having a Power of Attorney in place is essential, and much more. Please email lacers.me@lacers.org with any questions regarding the information shared in this newsletter.
December 2022 Paycheck Flyer
MEDICARE PART B PREMIUMS FOR 2023
As a reminder, all retired Members and their dependents that 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 and 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.
LACERS Active Members December Update
WISHING YOU HAPPY HOLIDAYS AND A SAFE, PROSPEROUS 2023
Season’s greetings from all of us at LACERS. As the year draws to a close, we can’t help but express our sincere appreciation for you. Best wishes in 2023!
LACERS Retired Members December Update
WISHING YOU HAPPY HOLIDAYS AND A SAFE, PROSPEROUS 2023
Season’s greetings from all of us at LACERS. As the year draws to a close, we can’t help but express our sincere appreciation for you. Best wishes in 2023!
LACERS In-Person Appointments Suspended While Moving to New Headquarters
LACERS IS MOVING TO OUR NEW HEADQUARTERS
LACERS has suspended in-person appointments in order to move to our new location. While we look forward to offering counseling in our new location, there are many options for service you can utilize during this transitional time.
LACERS Well Calendar of Events
HAPPY HOLIDAYS FROM THE LACERS WELL TEAM!
Best wishes for a happy holiday season and our sincere appreciation for your participation throughout the year. Check out our upcoming events in December below, and we look forward to seeing you again soon!
You can register for these events via your MyLACERS online portal account or by calling LACERS at (800) 779-8328. Once you have registered, expect Zoom access information to be provided at least one day before your event.
November 2022 Paycheck Flyer
NEW IRS AND CA STATE TAX WITHHOLDING FORMS FOR 2023
The Internal Revenue Service (IRS) and the State of California have released new forms for requesting federal and state tax withholdings. The new W-4P and W-4R forms will be used for requesting federal tax withholdings and form DE-4P will be used for California State tax withholdings. The new forms will be required for any requests received on December 13, 2022, and beyond. You DO NOT need to submit a new form unless you would like to make changes to your withholdings.
LACERS Active Members November Update
LACERS THANKSGIVING HOLIDAY HOURS
The Thanksgiving holiday is quickly approaching, and the LACERS 800 phone number will not be in service from November 21 through November 23. Members can still reach LACERS for urgent matters by leaving a voicemail at (800) 779-8328 or by sending an email to lacers.services@lacers.org. LACERS will be closed on November 24 and 25 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!
LACERS Retired Members November Update
LACERS THANKSGIVING HOLIDAY HOURS
The Thanksgiving holiday is quickly approaching, and the LACERS 800 phone number will not be in service from November 21 through November 23. Members can still reach LACERS for urgent matters by leaving a voicemail at (800) 779-8328 or by sending an email to lacers.services@lacers.org. LACERS will be closed on November 24 and 25 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!
Hate Will Never Win in our City of Angels
A Message from Mayor Garcetti
Our community is in pain. Bigoted, hateful words and actions directed against Black, Jewish, LGBTQ and indigenous Angelenos have left us hurt, heartbroken.
LACERS Well Calendar of Events
HOLIDAY WELL-BEING WEBINAR FOR RETIRED MEMBERS
Holidays can be challenging for those who have suffered loss or feel alone and without family or social support. This seasonal presentation discusses strategies to combat feelings of sadness or “the blues” during the winter holidays.
This Zoom meeting takes place on November 17 from 10:00 a.m. – 11:30 a.m. and features Dr. Haydeh Fakhrabadi, Psy.D., CPII Clinical Psychologist with the Los Angeles County Department of Mental Health. Reserve your spot now!
You can register for these events via your MyLACERS online portal account or by calling LACERS at (800) 779-8328. Once you have registered, expect Zoom access information to be provided at least one day before your event.
October 2022 Paycheck Flyer
OPEN ENROLLMENT ENDS NOVEMBER 17, 2022
There is still time to make Open Enrollment changes. Open Enrollment is your opportunity to enroll in a health, dental, or vision plan; change your plan; or add dependents with changes taking effect on January 1, 2023. Don’t miss out! The 2023 Open Enrollment period ends November 17, 2022. For more information, view the 2023 Health Benefits Guide at lacers.org/health-benefits-guide or contact LACERS at (800) 779-8328.
LACERS Active Members October Update
APPLYING FOR RETIREMENT ONLINE
The online Retirement Application Portal (RAP) is an efficient and convenient way to apply for retirement. If you will be retiring in the near future, here are key steps to take before accessing the RAP:
- Contact LACERS 90 days prior to your anticipated retirement date to request a retirement benefit estimate.
- Download a Decision Sheet and start to review the decisions you will be making.
- Register for a Retirement Counseling session and a Health Counseling session.
Please visit the Applying for Retirement Online webpage for more information.
LACERS Retired Members October Update
2023 OPEN ENROLLMENT IS HERE
Be on the lookout over the next few days for mailings pertaining to Open Enrollment. Open Enrollment packets include an Open Enrollment Health Plan statement and an Open Enrollment overview. Members 65 and over will receive a copy of the 2023 Health Benefits Guide and Members under 65 will receive instructions on accessing the 2023 Health Benefits Guide online. The Open Enrollment Health Plan statement is a snapshot of your coverage in LACERS’ system as of August 31, 2022.
Open Enrollment is your opportunity to enroll in a plan, change your plan or add dependents. The 2023 Open Enrollment period ends Thursday, November 17, 2022.
LACERS Well Calendar of Events
EXPLORE YOUR OPTIONS – REGISTER NOW FOR OPEN ENROLLMENT
Meetings will be held online using Zoom video conference, or you may dial in by phone to hear the online Zoom presentation.
All virtual meetings begin at 10:00 a.m. on the following dates:
• Kaiser Permanente – October 18
• Anthem Blue Cross and Blue View Vision – October 20
• SCAN Health Plan, UnitedHealthcare, and Delta Dental – October 25
You can register for these meetings via your MyLACERS online portal account or by calling LACERS at (800) 779-8328. Once you have successfully registered, expect Zoom access information to be provided at least 1 day prior to your event.
Members unable to attend these sessions can visit the official LACERS YouTube channel and view a recorded version later.
Hot off the Press: Summer 2022 LACERS Well Newsletter is Here!
The Summer 2022 edition of the LACERS Well newsletter is ready to view here on the LACERS website! This edition features an article from new LACERS Health Benefits Director, Karen Freire.
September 2022 Paycheck Flyer
2023 OPEN ENROLLMENT IS COMING
This year LACERS Health Benefits’ Open Enrollment period will be held from October 17 – November 17, 2022, with Open Enrollment packets being mailed in early October. Open Enrollment will be your opportunity to enroll in a plan, change your plan or add dependents with changes taking effect on January 1, 2023.
LACERS Active Members September Update
LEARN ABOUT RETIREE MEDICAL, DENTAL, AND VISION BENEFITS OFFERED BY LACERS
Do you know what medical, dental, and vision plans are offered for LACERS upon retirement? Do you know when and how to enroll? Are you aware of how much these options cost? These details and more will be explained to help you understand your health benefits in retirement during LACERS’ Medical, Dental, and Vision Informational Session taking place on Thursday, September 29, at 10:00 a.m.
You can register online through your MyLACERS account or by calling LACERS at (800) 779-8328, RTT (888) 349-3996. Once you have successfully registered, expect Zoom access information to be provided at least 1 day prior to your event.
Interested in what other events LACERS has to offer? Check out our calendar.
LACERS Retired Members September Update
2023 OPEN ENROLLMENT IS COMING
This year LACERS Health Benefits’ Open Enrollment period will be held from October 17 – November 17, 2022, with Open Enrollment packets being mailed in early October. Open Enrollment will be your opportunity to enroll in a plan, change your plan or add dependents with changes taking effect on January 1, 2023.
Members 65 and over will receive a full packet with an Open Enrollment statement, an Open Enrollment overview, and a copy of the 2023 Health Benefits Guide. Members under 65 will receive an Open Enrollment statement, overview, and instructions on accessing the 2023 Health Benefits Guide online.
If you desire a physical copy of the Health Benefits Guide after receiving your packet, you may email lacers.health@lacers.org with the subject line “Requesting 2023 Open Enrollment Health Benefits Guide,” include your name and mailing address in the body, and one will be mailed to you.
LACERS Well Calendar of Events
CONNECT WITH OTHERS AT UPCOMING EVENTS!
FITNESS MADE SIMPLE
Why just talk or dream about exercise when we can “Make Fitness Simple?” Join Coach Sean Foy for monthly classes throughout 2022, with the next session being on September 21 at 9:30 a.m. He will help you train in the comfort and convenience of your own home via computer or phone to realize your personal health and fitness goals! Learn more on the Fitness Made Simple event page.
LACERS’ Member Service 800 Phone Number Experiencing Technical Difficulties
Thank you for your patience. We are currently experiencing technical difficulties with LACERS’ Member Service 800 phone number and are working on a resolution. Members can still reach LACERS for urgent matters by email at lacers.services@lacers.org. Thank you again for your patience.
August 2022 Paycheck Flyer
OPEN ENROLLMENT IS COMING
This year LACERS Health Benefits’ Open Enrollment period will be held October 17 – November 17, with Open Enrollment packets being mailed in early October. This will be your opportunity to enroll in a plan, change your plan, or add dependents with changes taking effect January 1, 2023.
LACERS Retired Members August Update
LACERS BOARD OF ADMINISTRATION OFFICER ELECTIONS
Commissioner Nilza Serrano and Commissioner Elizabeth Lee were elected President and Vice President, respectively, at the August 9, 2022 meeting, to lead the LACERS Board of Administration for the term ending in July 2023. For more information on the new Board officers, please read their biographies here.
LACERS Active Members August Update
LACERS BOARD OF ADMINISTRATION OFFICER ELECTIONS
Commissioner Nilza Serrano and Commissioner Elizabeth Lee were elected President and Vice President, respectively, at the August 9, 2022 meeting, to lead the LACERS Board of Administration for the term ending in July 2023. For more information on the new Board officers, please read their biographies here.
LACERS Welcomes Two New Commissioners
Welcome Commissioners!
LACERS would like to welcome two new Commissioners to our Board of Administration: Janna Sidley and Thuy Huynh. Ms. Sidley and Ms. Huynh were confirmed and sworn in on Friday, August 5, 2022. They attended their first LACERS Board and Committee meetings on Tuesday, August 9, 2022. Join us in welcoming them to the LACERS Board!
Commissioner Janna Sidley
LACERS’ BOARD OFFICERS ELECTED
Congratulations!
Commissioner Nilza Serrano and Commissioner Elizabeth Lee were elected President and Vice President, respectively, at the August 9, 2022 meeting, to lead the LACERS Board of Administration for the term ending in July 2023. For more information on the new Board officers, please read their biographies here.
LACERS Well Calendar of Events
CONNECT WITH OTHERS AT UPCOMING EVENTS!
AGING MASTERY PROGRAM
The Aging Mastery Program (AMP) is a fun and engaging education and behavior change incentive program for aging well. Beginning on August 30 at 10:00 a.m., this interactive 5-week class empowers you to take key steps to improve your well-being, add stability to your life, and strengthen ties to your community. Meet new friends and provide encouragement to one another as you take the Aging Mastery journey together! To learn more about the AMP program, watch this video. Graduates of the program will receive a LACERS Well goodie bag with gift card included.
FITNESS MADE SIMPLE
Why just talk or dream about exercise when we can “Make Fitness Simple?” Join Coach Sean Foy for monthly classes in 2022, with the next session being on August 17 at 9:30 a.m. He will help you train in the comfort and convenience of your own home via computer or phone to realize your personal health and fitness goals! Learn more on the Fitness Made Simple event page.
LACERS Management Audit – Public Release
As required under City Charter Section 1112, the Los Angeles City Controller, the Office of the Mayor and the Los Angeles City Council regularly engage with independent qualified management auditors to perform management audits of the Los Angeles City Employees’ Retirement System. These audits examine whether LACERS is operating in the most efficient and economical manner and evaluate the allocation of its investments.
July 2022 Paycheck Flyer
2022 COST OF LIVING ADJUSTMENT EFFECTIVE JULY 1
Each year the LACERS Board of Administration considers 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 3.8% for 2022.
LACERS Active Members July Update
LACERS TURNS 85
In 1937, the Los Angeles City Charter established the Los Angeles City Employees’ Retirement System (LACERS) as a retirement trust fund for the purpose of providing the civilian employees of the City of Los Angeles, a defined benefit retirement plan inclusive of service retirements, disability retirements, and survivor benefits.
As we celebrate 85 years in existence, we are proud that service to our Members remains first and foremost. We also remain committed to our mission of establishing trusting and lifelong relationships with all of our Members.
WE NEED YOUR FEEDBACK: TAKE THE LACERS FAMILY DEATH BENEFIT PLAN SURVEY
LACERS would like to learn more about our Members’ knowledge of the Family Death Benefit Plan (FDBP). Click here to take a brief survey. Your participation is appreciated!
LACERS Retired Members July Update
LACERS TURNS 85
In 1937, the Los Angeles City Charter established the Los Angeles City Employees’ Retirement System (LACERS) as a retirement trust fund for the purpose of providing the civilian employees of the City of Los Angeles, a defined benefit retirement plan inclusive of service retirements, disability retirements, and survivor benefits.
As we celebrate 85 years in existence, we are proud that service to our Members remains first and foremost. We also remain committed to our mission of establishing trusting and lifelong relationships with all of our Members.
2022 COST OF LIVING ADJUSTMENT EFFECTIVE JULY 1
The LACERS Board of Administration approved the maximum allowable Cost of Living Adjustment (COLA) for eligible LACERS Retired Members and Beneficiaries effective July 1. For Tier 1 and Tier 1 Enhanced Members the COLA increase is 3.0%, with 2.0% for Tier 3 Members. For Tier 1 and Tier 1 Enhanced Members, the COLAs in excess of 3% will be banked for use during future years.
The COLA is a reflection of the Consumer Price Index (CPI) for the Los Angeles Area, which has been determined to be 3.8% for 2022. Find more information on the COLA webpage today.
Family Death Benefit Plan Rate Decrease
Attention Family Death Benefit Plan (FDBP) participants: the monthly rate for the FDBP will decrease from $2.40 per month to $1.90 per month, effective July 1, 2022. Not a participant of the FDBP program yet? Click here to find out more information about the program to see if it is right for you.
Beat the Heat
Staying Safe in High Heat is Important
Summer months bring fun, sun, and heat! Sometimes, the heat can become dangerous, especially for children, pets, people who work outside, and people with certain health conditions. Staying safe in high heat is important. Follow these simple tips to stay cool:
LACERS Well Calendar of Events
Join us for Upcoming LACERS Well Events!
CONNECT WITH OTHERS
FITNESS MADE SIMPLE
Why just talk or dream about exercise when we can “Make Fitness Simple?” Join Coach Sean Foy for monthly classes in 2022, with the next session being on July 20 at 9:30 a.m. He will help you train in the comfort and convenience of your own home via computer or phone to realize your personal health and fitness goals! Learn more on the Fitness Made Simple event page.
June 2022 Paycheck Flyer
JOIN LACERS WELL AT THESE UPCOMING JULY VIRTUAL EVENTS
Register for these virtual events through your MyLACERS account or by calling LACERS at (800) 779-8328. If you need assistance, send an email to LacersWell@lacers.org.
- Mom’s Computer Technology Class
Mom’s Computer will be hosting the next monthly Technology class on Wednesday, July 13 at 3:00 p.m. These classes help Members navigate the changing technology landscape and offer tips on using computers, smart phones/tablets, the Internet, and more. Zoom information will be provided to all registered individuals one day prior to the class.
Active Members Spring 2022 Newsletter is Here!
The Active Members Spring 2022 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, interesting information about cryptocurrency, exciting day and weekend trip ideas, and more.
LACERS Active Members June Update
FAMILY DEATH BENEFIT PLAN RATE DECREASE
Beginning on July 1, 2022, the Family Death Benefit Plan (FDBP) premium will be reduced from $2.40 per month to $1.90 per month ($0.95 per pay period). To learn more about the plan, visit the Family Death Benefit Plan webpage.
LACERS Retired Members June Update
ANNOUNCEMENTS
Upcoming City Holidays: Mayor Eric Garcetti recently proclaimed Juneteenth an official City holiday. This year, LACERS will be closed on Monday, June 20, 2022 in observance of Juneteenth. LACERS will also be closed on Monday, July 4, 2022 in observance of Independence Day. LACERS office hours are Monday through Friday 7:00 a.m. to 3:45 p.m. and Tuesday 7:00 a.m. to 3:00 p.m. To experience the lowest call wait time, contact LACERS Tuesday through Thursday between the hours of 7:00 a.m. and 9:00 a.m.
Mayor Proclaims Juneteenth an Official City Holiday
In observance, LACERS to be closed on June 20th
Mayor Eric Garcetti has proclaimed Juneteenth an official City holiday. This year, LACERS will be closed on Monday, June 20, 2022 in observance of Juneteenth. Please plan accordingly if you need to contact LACERS staff for assistance. Although LACERS will be closed, Members can always access our website, the LACERS FAQs webpage, and the LACERS YouTube channel for helpful information. Regular operations will resume on Tuesday, June 21.
A Special Thank You to Cynthia Ruiz
LACERS would like to congratulate Cynthia Ruiz on her new appointment to the Department of Water and Power’s Board of Administration. As Cynthia leaves her role as the President of the LACERS Board of Administration to pursue this new role, we would like to sincerely thank her for her commitment and dedication to our organization. She has been a great asset to our department and its Members during her 6+ years as a LACERS Board Member and just over 4 years as President.
Retired Members Spring 2022 Newsletter is Here!
The Retired Members Spring 2022 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, cybersecurity best practices, exciting day and weekend trip ideas, and more.
LACERS Well Calendar of Events
Join us for Upcoming LACERS Well Events!
CONNECT WITH OTHERS
FITNESS MADE SIMPLE
Why just talk or dream about exercise when we can “Make Fitness Simple?” Join Coach Sean Foy for monthly classes in 2022, with the next session being on June 15 at 9:30 a.m. He will help you train in the comfort and convenience of your own home via computer or phone to realize your personal health and fitness goals! Learn more on the Fitness Made Simple event page.
Investments Update
LACERS supports shareholder Proposal Seven on the Meta Platforms, Inc. proxy voting ballot
LACERS, a $22 billion public pension plan serving the civilian employees of the City of Los Angeles, supports shareholder Proposal Seven on the Meta Platforms, Inc. proxy voting ballot, which will be voted on at the Annual Meeting of Shareholders on May 25, 2022. Proposal Seven requests that Meta disclose its risks based on company business practices that “…prioritize internal financial return over healthy social and environmental systems” and address how such risks negatively impact its returns to shareholders. (2022 Meta Proxy Statement)
LACERS Active Members May Update
JOIN US! LEGAL PROCESSING UNIT INFORMATION SESSION COMING SOON
Register to join LACERS’ Legal Processing Unit for an informational session on June 16 at 11:00 a.m. Topics discussed will include Marriage/Dissolution Documents required for retirement, Domestic Partnerships, Power of Attorneys, Conservatorships/Guardianships, and more. Register via MyLACERS today.
LACERS Retired Members May Update
ANNOUNCEMENTS
Upcoming City Holiday: LACERS will be closed on Monday, May 30, 2022 in observance of Memorial Day. LACERS office hours are Monday through Friday 7:00 a.m. to 3:45 p.m. and Tuesday 7:00 a.m. to 3:00 p.m. To experience the lowest call wait time, contact LACERS Tuesday through Thursday between the hours of 7:00 a.m. and 9:00 a.m.
May 2022 Paycheck Flyer
COST OF LIVING ADJUSTMENT FOR 2022
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 3.8% for 2022.
LACERS Well Calendar of Events
Join us for Upcoming LACERS Well Events!
CONNECT WITH OTHERS
KAISER WELL-BEING WEBINARS
Give yourself a healthy boost and register for the well-being series on healthy eating hosted by Kaiser Permanente! The next sessions will take place on May 12 and May 17 at 10:00 a.m. You are not required to be a Kaiser member to attend. Learn more on the Kaiser Well-being Webinars page.
LACERS Retired Members April Update
ANNOUNCEMENTS
In-Person Appointments – What You Need to Know: LACERS is pleased to offer in-person appointments once again. Please note that these appointments are limited to 15 minutes, Tuesdays and Wednesdays, from 9:00 a.m. to 1:30 p.m. For more information, and to learn how you can book an appointment, visit the In-person Appointments webpage.
LACERS Active Members April Update
IN-PERSON APPOINTMENTS: WHAT YOU NEED TO KNOW
LACERS is pleased to offer in-person appointments once again. Please note that these appointments are limited to 15 minutes, Tuesdays and Wednesdays, from 9:00 a.m. to 1:30 p.m. For more information, and to learn how you can book an appointment, visit the In-person Appointments webpage.
Have You Signed Up for the Family Death Benefit Plan?
The Family Death Benefit Plan (FDBP) is a voluntary program that provides a monthly financial benefit that may give your family increased financial protection should you pass away before retiring. An employee becomes eligible for membership for the FDBP after 18 months of City Service. The cost is only $0.95 per pay period.
LACERS Well Calendar of Events
Join us for Upcoming LACERS Well Events!
CONNECT WITH OTHERS
COUNTY OF L.A. WELL-BEING WEBINARS
Join us for the County of LA Well-being Webinar 3-Part Series, taking place on April 14, 21, and 28 at 10:00 a.m. These webinars will focus on life transitions, and offer tips on how you can effectively navigate these transitions for the best quality retirement possible.
LACERS Retired Members March Update
ANNOUNCEMENTS
2022 Anthem Medicare Preferred (PPO) Plan Information: There is exciting news for LACERS Members under the 2022 Anthem Medicare Preferred (PPO) Plan! Members can access information about their benefits, as well as access the Personalized Member Account with Anthem Preferred PPO. Visit their website, and learn more here.
Upcoming City Holiday: LACERS will be closed on Monday, March 28, 2022 in observance of Cesar Chavez Day. LACERS office hours are Monday through Friday 7:00 a.m. to 3:45 p.m. and Tuesday 7:00 a.m. to 3:00 p.m. To experience the lowest call wait time, contact LACERS Tuesday through Thursday between the hours of 7:00 a.m. and 9:00 a.m.
LACERS Active Members March Update
JOIN US! DISABILITY RETIREMENT UNIT INFO SESSION COMING SOON
Prepare for the unexpected – learn about LACERS’ disability retirement benefits with the Getting to Know Disability Retirement Quiz! After you take the quiz, register to join LACERS’ Disability Retirement Unit for an informational session on March 31 at 11:00 a.m. Topics discussed will pertain to LACERS Tier 1 and Tier 3 Members. Register via MyLACERS today.
Recognizing LACERS’ Women Commissioners in Honor of International Women’s Day
In honor of International Women’s Day, LACERS recognizes the important contributions made by our commissioners. These women have provided guidance and leadership over the decades, ensuring the strength of the pension plan and the outstanding delivery of benefits to all LACERS members. They are listed here to serve as an inspiration for others.
LACERS Well Calendar of Events
Join us for Upcoming LACERS Well Events!
CONNECT WITH OTHERS
FITNESS MADE SIMPLE
Why just talk or dream about exercise when we can “Make Fitness Simple?” Join Coach Sean Foy for monthly classes in 2022, with the next session being on March 16 at 9:30 a.m. He will help you train in the comfort and convenience of your own home via computer or phone to realize your personal health and fitness goals! Learn more on the Fitness Made Simple event page.
LACERS Retired Members February Update
ANNOUNCEMENTS
Stay Safe With Cybersecurity Best Practices: At LACERS, we routinely review and enhance the security of our information technology infrastructure to safeguard against unauthorized access. Learn how to strengthen your web practices by visiting LACERS’ new Cybersecurity Best Practices webpage and watching videos in the Cybersecurity Videos playlist on our YouTube channel.
LACERS Active Members February Update
STAY SAFE WITH CYBERSECURITY BEST PRACTICES
At LACERS, we routinely review and enhance the security of our information technology infrastructure to safeguard against unauthorized access. Learn how to strengthen your web practices by visiting LACERS’ new Cybersecurity Best Practices webpage and watching videos in the Cybersecurity Videos playlist on our YouTube channel.
Ready, Set, Go!
Review LACERS' Active Members Check-Up List for 2022
There’s no time like the present to review and update your information with LACERS! As we begin 2022, there are some important items you can review to ensure you are on the right track with LACERS. Watch the 2022 LACERS Active Member Check-Up video, and then select a topic below to learn more about items you should review as a LACERS Member.
Ready, Set, Go!
Review LACERS' Retired Members Check-Up List for 2022
There’s no time like the present to review and update your information with LACERS! As we begin 2022, there are some important items you can review to ensure you are on the right track with LACERS. Watch the 2022 LACERS Retired Member Check-Up video, and then select a topic below to learn more about items you should review as a LACERS Member.
LACERS Well Calendar of Events
Join us for Upcoming LACERS Well Events!
CONNECT WITH OTHERS
FITNESS MADE SIMPLE
Why just talk or dream about exercise when we can “Make Fitness Simple?” Join Coach Sean Foy for monthly classes in 2022, with the next session being on February 16 at 9:30 a.m. He will help you train in the comfort and convenience of your own home via computer or phone to realize your personal health and fitness goals! Learn more on the Fitness Made Simple event page.
February 2022 Paycheck Flyer
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 have withholding apply. If a completed form is not on file with our office, your withholding will be calculated as if you are a Married Individual with Three Withholding Allowances.
Cybersecurity Best Practices
LACERS Cares About the Security of Our Members
We routinely review and enhance the security of our information technology infrastructure to safeguard against unauthorized access. Additionally, we regularly review and refine our privacy policies so that all Member information received and processed by our staff is kept secure at all times.
Hot off the Press: Winter 2022 LACERS Well Newsletter is Here!
The Winter 2022 edition of the LACERS Well newsletter is ready to view here on the LACERS website! In its pages you’ll find a farewell message from Health Benefits Director Alex Rabrenovich, a profile on LACERS Well Champion Ben Gaetos, useful information about the virtual “Fitness Made Simple” training program, and more!
LACERS Retired Members January Update
Happy New Year Members! Please take a moment to review our January Retired Member Update!
ANNOUNCEMENTS
1099-R Form – What You Need to Know: LACERS is in the process of mailing 1099-R tax documents to retirees and beneficiaries for the 2021 tax year and will complete this process by February 1. Don’t want to wait for the mail? Save time by viewing and printing your 1099-R via your MyLACERS online account now. To learn more, click here.
LACERS Active Members January Update
Happy New Year Members! Please take a moment to review our January Active Member Update!
WE NEED YOUR FEEDBACK: TAKE THE LACERS FAMILY DEATH BENEFIT PLAN SURVEY
LACERS would like to learn more about our Members’ knowledge of the Family Death Benefit Plan (FDBP). Click here to take a brief survey. Your participation is appreciated!
January 2022 Paycheck Flyer
LACERS 1099-R Forms
LACERS is in the process of mailing 1099-R tax documents to retirees and beneficiaries for the 2021 tax year and will complete this process by February 1st. Please note that 1099-Rs are only sent to the address on file with LACERS. Therefore, if you have recently moved or changed your address, update it with LACERS as soon as possible by submitting a ‘Change of Address’ form that is accessible at LACERS.org/forms.
LACERS Well Calendar of Events
Join us for Upcoming LACERS Well Events!
CONNECT WITH OTHERS
BRAIN HEALTH CLASS
Alzheimer’s Los Angeles (ALZLA) will be hosting monthly Brain Health classes via Zoom. The first class will be held on January 26 at 2:00 p.m. ALZLA mission is to improve the lives of local families affected by Alzheimer’s and dementia by increasing awareness, delivering effective programs and services, providing compassionate support, and advocating for quality care and a cure. Don’t miss these informative monthly virtual classes. Learn more here!
When and How to Cancel the Family Death Benefit Plan (FDBP)
As LACERS Members near retirement, one voluntary program they should consider cancelling is the Family Death Benefit Plan (FDBP). Often times, employees elect to participate in the FDBP plan early in their City career due to having a young family, dependent parent and/or not qualifying for other survivorship benefits due to an insufficient amount of service credit. As Members move further along in their career, these criteria may not exist and cancelling the FDBP should be considered.
2021 Popular Annual Financial Report Now Available
LACERS’ 2021 Popular Annual Financial Report (PAFR) is now available to view. Members can learn about the current state of the LACERS retirement fund and more in the interactive version of the PAFR, available here.
LACERS Retired Members December Update
‘Tis the Season to Reduce Stress: One effective way to reduce stress this holiday season is by displaying kindness. Kindness has been shown to increase self-esteem, empathy and improve mood. If your holiday season feels stressful, try a random act of kindness such as leaving a kind note for a neighbor or a snack for your mail person. Other ideas include calling a family member or making concrete plans with someone you haven’t seen in a while.
It doesn’t have to be something big and extravagant. Kindness can be contagious and help reduce stress levels for yourself and everyone around you. Happy Holidays!
ANNOUNCEMENTS
Active Members Fall 2021 Newsletter is Here!
The Active Members Fall 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, retirement application tips, a LACERS Legal Processing Unit spotlight, and more.
Retired Members Fall 2021 Newsletter is Here!
The Retired Members Fall 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, financial stress reduction tips, ways to embrace electronic communication, and more.
LACERS Active Members December Update
‘TIS THE SEASON TO REDUCE STRESS
One effective way to reduce stress this holiday season is by displaying kindness. Kindness has been shown to increase self-esteem, empathy and improve mood. If your holiday season feels stressful, try a random act of kindness such as leaving a kind note for a neighbor or a snack for your mail person. Other ideas include calling a family member or making concrete plans with someone you haven’t seen in a while.
It doesn’t have to be something big and extravagant. Kindness can be contagious and help reduce stress levels for yourself and everyone around you. Happy Holidays!
December 2021 Paycheck Flyer
MEDICARE PART B DEDUCTIBLE FOR 2022
For 2022, the Medicare Part B annual deductible will be $233.00 for Members and dependents enrolled in the LACERS Anthem Blue Cross PPO plan (with only Medicare Part B). This deductible is the amount of money you have to pay before your insurance starts covering the costs for your healthcare expenses.
WHAT COUNTS TOWARDS THE MEDICARE PART B DEDUCTIBLE?
Medical services and supplies count towards the Medicare Part B deductible.
LACERS Well Calendar of Events
Join us for Upcoming LACERS Well Events!
CONNECT WITH OTHERS
FITNESS MADE SIMPLE
Why just talk or dream about exercise when we can “Make Fitness Simple?” Join Coach Sean Foy during monthly classes in 2022 where he will help you train in the comfort and convenience of your own home via computer or phone to realize your personal health and fitness goals! Reserve your spot now! Learn more here.
LACERS Active Members November Update
RETIREMENT APPLICATION PORTAL DEMO
Take time to learn about LACERS’ exciting new Retirement Application Portal (RAP)! Click here for details, or sign up for the upcoming RAP Demonstration webinar on Wednesday, December 15 at 12:00 p.m. via MyLACERS. Can’t make it to the webinar? Watch a recording of a prior RAP Demonstration on the LACERS YouTube channel here.
LACERS Retired Members November Update
ANNOUNCEMENTS
Open Enrollment Comes to a Close: LACERS’ Open Enrollment period ended on November 15, and health and dental plan changes can no longer be made for the 2022 calendar year. Plan changes will take effect on January 1, 2022. Unless you have a qualifying event, the next opportunity to make changes to your LACERS health plan will be next year during the Open Enrollment period for 2023.
For more information about qualifying events, review your 2022 Health Benefits Guide (page 5) here, contact LACERS at (800) 779-8328 / RTT (888) 349-3996, or email lacers.health@lacers.org. Your 2022 plan premiums will be reflected beginning with your December 31, 2021, monthly allowance statement.
November 2021 Paycheck Flyer
LACERS OPEN ENROLLMENT PLAN CHANGES TAKE EFFECT JANUARY 1, 2022
LACERS’ Open Enrollment period ended November 15 and health and dental plan changes can no longer be made for the 2022 calendar year. Unless you have a qualifying event, the next opportunity to make changes to your LACERS health plan will be next year during the Open Enrollment period for 2023.
Open Enrollment Meeting Recordings Now Available
The end of this year’s Open Enrollment period is fast approaching. Make any health benefit selection changes you have for 2022 by November 15!
LACERS Well Calendar of Events
Join us for Upcoming LACERS Well Events!
CONNECT WITH OTHERS
HOLIDAY WELLNESS WORKSHOP
Wednesday, November 17, 2021 at 10:00 a.m.
The Holiday Wellness Workshop: Understanding Holiday Blues will be held via Zoom and will feature Dr. Haydeh Fakhrabadi, Psy.D., CPII Clinical Psychologist with the Los Angeles County Department of Mental Health. Learn more here.
LACERS Active Members October Update
LACERS Retired Members October Update
ANNOUNCEMENTS
Open Enrollment is Here!: Be on the lookout over the next few days for mailings pertaining to Open Enrollment. Take time to access Open Enrollment virtual meeting dates for each health carrier and other important information on the Open Enrollment webpage here.
Applying for Retirement Online
Submit Your Application 60 days Before Your Retirement Date
Members are encouraged to submit their retirement application 60 days before their retirement date when using LACERS’ new Retirement Application Portal (RAP). The RAP is a great asset to LACERS Members that helps to streamline the retirement process. While the filing period is within 30 to 60 days of your retirement date, starting your application early and submitting it on the first day you can at the 60-day-prior mark, will allow for a couple benefits.
Coming soon: Enhanced Email Security
Protecting your personal information is as important to LACERS as it is to you. With this in mind, on November 1, 2021, LACERS will launch a new email communication platform that provides added safeguards when corresponding with our Members. The new platform meets industry standards for protecting personal identifiable information content by encrypting email attachments you receive from LACERS. Members who receive email attachments with confidential information will receive them in a two-step process.
Retiree October 2021 Paycheck Flyer
There’s Still Time: Attend a 2022 Open Enrollment Virtual Meeting
Open Enrollment will end on November 15. Don’t miss your chance to attend any of the remaining virtual Open Enrollment meetings available for you to learn about changes for 2022 and your health plan options. The virtual meetings are health carrier specific and will be held on the following dates at 10:00 a.m.:
Open Enrollment Ended November 15
Open Enrollment took place from October 15 to November 15, 2021.
Retired Members under age 65 received an Open Enrollment statement, the Open Enrollment Overview and instructions on how to access the 2022 Health Benefits Guide online. Retired Members age 65 and over received a printed copy of the 2022 Health Benefits Guide in their packet.
LACERS Well Calendar of Events
Join us for Upcoming LACERS Well Events!
CONNECT WITH OTHERS
HOLIDAY WELLNESS WORKSHOP
Wednesday, November 17, 2021 at 10:00 a.m.
The Holiday Wellness Workshop: Understanding Holiday Blues will be held via Zoom and will feature Dr. Haydeh Fakhrabadi, Psy.D., CPII Clinical Psychologist with the Los Angeles County Department of Mental Health. Learn more here.
LACERS Active Members September Update
SECURE DOCUMENT UPLOAD NOW AVAILABLE
Members can now access the “Secure Upload” page on the LACERS website. We are excited to offer this safe and convenient way for Members to submit documents! Visit the page here.
LACERS Retired Members September Update
ANNOUNCEMENTS
Secure Document Upload Now Available: Members can now access the “Secure Upload” page on the LACERS website. We are excited to offer this safe and convenient way for Members to submit documents! Visit the page here.
Retiree September 2021 Paycheck Flyer
Save the Date: 2022 Open Enrollment Virtual Meetings
LACERS has planned several virtual meetings to share updates regarding your health plans and health benefits for 2022, and to answer your questions so you can make the best healthcare decisions for you and your family.
Newest LACERS Well Newsletter is Here!
Summer 2021 Edition Now Available
The Summer 2021 edition of the LACERS Well newsletter is ready to view here on the LACERS website! In its pages you’ll find messages from LACERS’ General Manager and LACERS’ Wellness Program Manager, tips regarding health benefits, Open Enrollment information, and more. Be on the lookout for printed versions that were mailed out recently as well.
LACERS Well Calendar of Events
Join us for Upcoming LACERS Well Events!
CONNECT WITH OTHERS
ESTATE PLANNING WEBINAR
Wednesday, September 8, 2021 at 9:00 a.m.
Tune in to this Estate Planning Webinar to learn about caregiving & living arrangements, grief and loss, wills, and more. Additional information is available here.
L.A. Business Journal Recognizes LACERS Well Program
LACERS is honored to have our LACERS Well program recognized by the Los Angeles Business Journal as a finalist for their 2021 Health Care Awards in the Outstanding Community Outreach Program category.
The Journal’s annual Health Care Awards recognize individuals, organizations, and programs that do exceptional work for their members.
LACERS Active Members August Update
LACERS BOARD OF ADMINISTRATION OFFICER ELECTIONS
President Cynthia M. Ruiz was re-elected as LACERS Board President and Commissioner Sung Won Sohn was re-elected as LACERS Board Vice President for the term of July 1, 2021 through June 30, 2022.
LACERS Retired Members August Update
ANNOUNCEMENTS
LACERS Board of Administration Officer Elections: President Cynthia M. Ruiz was re-elected as LACERS Board President and Commissioner Sung Won Sohn was re-elected as LACERS Board Vice President for the term of July 1, 2021 through June 30, 2022.
Retiree August 2021 Paycheck Flyer
2022 Open Enrollment is Coming
Open Enrollment will be held October 15 to November 15, 2021. This is the time to enroll in a plan, change your plan, or add dependents with changes taking effect January 1, 2022. For those who made enrollment changes effective on or after February 1, 2021, unless you have a qualifying event, your next opportunity to request a change will be October 2022 during the 2023 Open Enrollment period.
LACERS Well Calendar of Events
Join us for Upcoming LACERS Well Events!
FITNESS EVENTS
FITNESS THAT WORKS WEBINAR
Wednesday, August 25, 2021 at 9:00 a.m.
Tune in to the Fitness that Works webinar presented by Sean Foy. In this webinar, you will learn strategies and “burst moves” so you can make a plan to finally get and stay fit. And if that’s not enough, a limited number of participants will be able to join a six-week virtual coaching program led by Sean Foy. More information here.
LACERS Board Elects Officers for New Fiscal Year
Cynthia M. Ruiz was re-elected as President and Sung Won Sohn was
re-elected as Vice President at the July
27th LACERS Board of Administration Meeting.
Now Live: Retirement Application Portal!
We are pleased to announce that the new online Retirement Application Portal (RAP) has launched! Tier 1 Members retiring in September 2021 and beyond can now apply for retirement using the secure and convenient portal.
Please note these key steps to take before accessing the RAP:
LACERS Active Members July Update
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.
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.
LACERS Active Members April Update
LACERS ACTUARIAL REVIEW
The Los Angeles City Employees’ Retirement System (LACERS) undergoes regular review by its actuary. This year’s review has been completed and all pertinent tables have been updated and will take effect on July 1, 2021. All Active Members considering retiring prior to June 30, should create an estimate in their MyLACERS account or request one via our main office line to determine what impact, if any, the table updates may have on their retirement allowance.
LACERS Retired Members April Update
MEMBER RESOURCES
Forms Now Available on MyLACERS: Did you know a variety of forms are now available in your MyLACERS account portal? Login and click on “Forms” in the left-side menu.
Retiree April 2021 Paycheck Flyer
Join LACERS Well at These Upcoming May Virtual Events
Register for these events through your MyLACERS account here. 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.
New Online Retirement Application Portal
Learn More
Introducing the New Online Retirement Application Portal
You are now able to apply and complete the entire retirement process online, from the comfort of your own home, using a safe and secure portal. Below are a few details you should know so that you will be prepared to use the portal!
LACERS Well Calendar of Events
Join us for Upcoming LACERS Well Events!
SILVERSNEAKERS 101 WEBINAR
Wednesday, April 7, 2021 at 9:00 a.m.
Learn how to stay active, connected, and improve your overall well-being through this FREE program that is available to Anthem Blue Cross, SCAN Health Plan, and UnitedHealthcare plan members. Learn more here.
LACERS Active Members March Update
NO PLACE FOR HATE
In solidarity with all communities who have been targeted with acts of violence based on one’s race or perceived race, nationality, gender, disability or sexual orientation.
Please take a moment to read an important message from LACERS here.
No Place For Hate
In solidarity with all communities who have been targeted with acts of violence based on one’s race or perceived race, nationality, gender, disability or sexual orientation.
Retiree March 2021 Paycheck Flyer
Keep Your Address Up to Date With LACERS
Did you change your place of residence recently or plan to in the near future? If so, make sure you complete and submit a Change of Address form found at lacers.org/forms to ensure you continue to receive your retirement benefit and Member communications materials in a timely manner.
LACERS Well Calendar of Events
Join us for Upcoming LACERS Well Events!
MOM’S COMPUTER TECHNOLOGY EVENT
Wednesday, March 10, 2021, 2:00-3:30 p.m. PST
Wednesday, April 7, 2021, 2:00-3:30 p.m. PST
The LACERS Well team, along with Mom’s Computer, has scheduled monthly classes to help Members navigate the changing technology landscape, offer tips on using different devices, and more. Click here for more details.
LACERS Active Members February Update
Submitting a Retirement Application
Are you planning to submit a retirement application in the near future? LACERS’ website, lacers.org, has helpful information that can make your retirement process as smooth as possible. Click here to learn more about what is needed during the retirement process, or click here to access the retirement application forms.
Retiree February 2021 Paycheck Flyer
Annual Notice of Right to Elect or Revoke Federal Income Tax Withholding
You have the right to change your Federal income tax withholding. For 2021, if you receive less than an amount of $25,200 in taxable LACERS benefit payments, you are not required to elect Federal income tax withholding. However, keep in mind that the potential of up to 3% Annual Cost of Living Adjustment (COLA) in July 2021 may increase your income beyond the annual limit.
A. If you choose NOT to make changes to your current withholding:
Newest LACERS Well Newsletter is Here!
Winter 2021 Edition Now Available
The Winter 2021 edition of the LACERS Well newsletter is ready to view here on the LACERS website! In its pages you’ll find ways to give back to your community, stay connected virtually, manage stress in a positive way, and more. Printed versions of the newsletter will be arriving through the mail next week.
LACERS Well February Calendar of Events
Let’s get through this together. The pandemic has challenged us physically and mentally. Join us for February Wellness Events designed to help all of us handle these challenging times.
Register for any of the listed events online through your MyLACERS account here. If you do not have a MyLACERS account, you may call LACERS at (800) 779-8328. If you need assistance with registration, you may send an email to LacersWell@lacers.org.
Helpful Links from The Mayor’s Office of Immigrant Affairs
Los Angeles is proud to be a protector of the American Dream and a defender of the inclusive values that are the bedrock of this great country. Mayor Garcetti is a national leader in the movement to help create new pathways to citizenship for people who are American by every measure except the papers they hold — and who deserve job opportunities, better wages, the right to vote, and peace of mind that citizenship brings into people’s lives.
LACERS Retired Members January Update
Quick Links:
LACERS Active Members January Update
LACERS’ General Manager New Years Message
On behalf of LACERS, happy new year! Hopefully you have had a prosperous start to 2021. Take a moment to read a new year’s message from LACERS’ General Manager, Neil Guglielmo, available here.
COVID-19 Vaccine Information
Do you have questions about the COVID-19 vaccine? LACERS has put together information and resources regarding the vaccine, available here.
Retiree January 2021 Paycheck Flyer
There’s Still Time: Open Enrollment Continues Until March 31
LACERS’ Extended Open Enrollment period will end on March 31, 2021. This means that you still have an opportunity to review and make changes to your medical and dental plans for the 2021 Plan year.
Retiree December 2020 Paycheck Flyer
New Logo, Same Commitment!
LACERS is proud to announce the launch of our new logo and brand identity as part of the ongoing evolution of our organization. We have grown and evolved over this past year, and we are refreshing our brand to better reflect who we are. After careful consideration, we have chosen a new logo that is modern with key elements that convey our mission and orientation for growth, while remaining true to our commitment to our Members!
Retiree November 2020 Paycheck Flyer
LACERS Open Enrollment Period Continues
LACERS Open Enrollment started on October 15, 2020 and will run until March 31, 2021. This year’s Open Enrollment period was extended to allow staff more time to process your requests while handling the increased workload associated with the City’s retirement incentive program. As mentioned in previous communications, LACERS will have up to three months to process your request and keep in mind that you cannot make another change for at least one year from your change’s effective date unless you have a qualifying event.
LACERS Retired Members November Update
LACERS Holiday Hours
Thanksgiving is quickly approaching, and this year the LACERS 800 phone number will not be in service from November 23 through November 25. Members can still reach LACERS for urgent matters by email at lacers.services@lacers.org. LACERS will be closed on November 26 and 27. Please keep these dates in mind and plan ahead if you would like to speak with a LACERS representative via phone. We look forward to continuing to assist our Members and hope everyone has a wonderful Thanksgiving!
LACERS Active Members November Update
LACERS Holiday Hours
Thanksgiving is quickly approaching, and this year the LACERS 800 phone number will not be in service from November 23 through November 25. Members can still reach LACERS for urgent matters by email at lacers.services@lacers.org. LACERS will be closed on November 26 and 27. Please keep these dates in mind and plan ahead if you would like to speak with a LACERS representative via phone. We look forward to continuing to assist our Members and hope everyone has a wonderful Thanksgiving!
LACERS Retired Members Update
Combat the “Holiday Blues” with an Upcoming Zoom Meeting
Please join us for our LACERS Zoom Meeting – Holiday Wellness Workshop: Understanding Holiday Blues. This Zoom meeting will feature Dr. Haydeh Fakhrabadi, Psy.D., CPII Clinical Psychologist with the Los Angeles County Department of Mental Health.
LACERS Active Members October Update
LACERS and Your Benefits Quiz
To celebrate National Retirement Security Month, we have put together a quiz that will help you learn about LACERS and your benefits, and also showcases the great resources available on our recently revamped website, www.lacers.org! Out of the Members who take the quiz,100 will be randomly selected to receive some LACERS’ swag. Please take the quiz by October 31, 2020 to be considered.
Retiree October 2020 Paycheck Flyer
There’s Still Time: Virtual Open Enrollment Meetings
Don’t miss your chance to attend any of the three remaining virtual Open Enrollment meetings available for you to learn about changes for 2021 and your health plan options. The virtual meetings are health carrier specific and will be held on the following dates:
Building the Future of LACERS Today
Enhancing our Member and Employee Experience During a Global Pandemic
The global COVID-19 pandemic has suddenly accelerated the need for many organizations to transform and respond to unprecedented change in operations and societal behavior.
As a different world takes shape, LACERS has responded by
modernizing our operations in transformative ways. From enabling
remote work to opening new channels of communication with our
Members, we are on a journey of digital transformation to enhance
the Member and employee experience offered by LACERS.
Open Enrollment: October 15 – March 31, 2021
NOT YOUR TYPICAL OPEN ENROLLMENT YEAR
Open Enrollment for the 2021 plan year will be from October 15, 2020 to March 31, 2021. Due to different City-sponsored programs competing for LACERS health staff’s availability, the typical Open Enrollment period will be extended to allow Members and staff more time to process health plan enrollments and changes.
If you decide to enroll in a plan or make changes to your existing plan during this Open Enrollment, please be aware that:
LACERS Retired Members October Update
Coming Soon: Open Enrollment Virtual Meetings
Due to the threat of COVID-19, LACERS will conduct Open Enrollment meetings via Zoom this year, with the option to call-in via phone. LACERS will offer these virtual meetings with each health carrier, and each meeting will include LACERS updates for the coming plan year, a presentation by the carrier, and a question and answer session.
Please see the schedule below:
LACERS Retired Members September Update
Quick Links:
- From the General Manager’s Desk: LACERS Reports Preliminary 1.1% Investment Return for Fiscal Year 2019-20
- Open Enrollment Update
- Wildfire Impact on Members
- Escape the Weather with City of Los Angeles Relief Centers
- Now Available: Pension Verification form and Change of Email form
- COVID-19 Resources
- Flu Prevention Tips
LACERS Active Members September Update
Quick Links:
COVID-19 Resources
As we continue to navigate COVID-19, the Mayor’s office has put together the following information with ways to protect yourself and your loved ones. Click here to access the information, available in a variety of languages.
Wildfire Impact on Members
Our hearts go out to those affected by the recent wildfires. If you’re a LACERS member who’s been impacted, please keep the following information in mind to make sure that you continue to receive your LACERS benefits and have access to the help and information you need:
Beat the Heat with City of Los Angeles Cooling Centers
Temperatures are soaring this summer! To combat these extended periods of high temperatures, the City of Los Angeles provides cooling centers at facilities throughout Los Angeles where community members can go to escape the heat. Click here to see when and where cooling centers will be available, and read about heat safety tips to help you stay safe during periods of high heat.
Non-CSIP Retirement Suspended from November 1, 2020 – January 31, 2021
LACERS Deferred Vested & Reciprocal Member September Info Bulletin
The City of Los Angeles has approved a Separation Incentive Program (SIP) for it’s active employees that may affect the ability for deferred and reciprocal members to retire during the SIP period beginning November 1, 2020, and ending January 31, 2021.
If you are not currently working for the City, but are considering taking advantage of any LACERS retirement benefits you may have previously earned, please take the time to read the following information pertaining to the processing of retirements.
QUICK LINKS:
CSIP Enrollment Reopens, Non-CSIP Retirement Suspended from November 1, 2020 – January 31, 2021
LACERS Active Member September Info Bulletin
QUICK LINKS:
Furlough Status and Retirement
Understanding how furlough status affects your retirement
Will mandatory furloughs affect my retirement
benefits?
No. Taking furlough days will not impact your retirement benefits
because your benefit is determined by your Compensation Earnable,
which is the amount your classification earns for 80 hours in a
pay period.
LACERS Retired Members August Update
Making Healthy Choices in the Kitchen
Making healthy lifestyle choices will benefit you in the long-run and allow you to continue doing the activities you love. One way you can work toward a healthy lifestyle is by making healthier eating choices. Click here to read an article by the American Heart Association about ways you can be smart in the kitchen.
LACERS Active Members August Update
New Tier 1 Mini Topical Retirement Benefit Videos
We are excited to share with you 16 new mini retirement benefit videos on the official LACERS YouTube Channel! The videos are short in length and categorized by topical sections to help you better understand your retirement benefits and process. Make sure to check them out here, and subscribe for the latest updates to the channel!
Retiree August 2020 Paycheck Flyer
REVIEW AND UPDATE YOUR DESIGNATED BENEFICIARIES
Designating a beneficiary is one of the most important things you can do for your loved ones. It provides a clear roadmap of your intentions, and in most cases, can eliminate unnecessary stress and worry for those left behind. If you don’t designate a beneficiary, your loved ones may be forced to acquire legal documents, which can be costly and result in significant delays in processing any payable survivor benefits.
Election of Board Officers for Fiscal Year 2020-21
The LACERS Board of Administration conducted the election of Board Officers for Fiscal Year 2020-21 at the Board Meeting on July 28, 2020, and re-elected Commissioner Cynthia R. Ruiz as the LACERS Board President and elected Commissioner Sung Won Sohn as the LACERS Board Vice-President.
LACERS Active Members July Update: FAQs on the City SIP and more…
City Separation Incentive Program FAQs
You may have heard about the City of Los Angeles’ Separation Incentive Program (CSIP) that is currently open for applications. LACERS has compiled a list of Frequently Asked Questions to help you navigate the program and determine if it is the right option for you. Please click here to view these questions. For further information about the CSIP, please visit the CAO’s website here.
LACERS Retired Members July Update
Practice Sun Safety this Summer
Summer is here, and that means sunny days are ahead! While having fun in the sun, it’s important to remember to monitor your skin’s exposure to the sun. Repeated overexposure can be a contributing factor toward skin cancer, the most common type of cancer in the United States. Here are some key tips to remember so you can enjoy the weather safely:
Retiree July 2020 Paycheck Flyer
2020 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 3.1% for 2020.
Family Death Benefit Plan Rate Decrease
Attention Family Death Benefit Plan (FDBP) participants: the monthly rate for the FDBP will decrease from $3.00 per month to $2.40 per month, effective July 1, 2020. Not a participant of the FDBP program yet? Click here to find out more information about the program to see if it is right for you.
City of Los Angeles to Offer Rent Support
The City of Los Angeles’ Emergency Renter’s Assistance Program is providing $100 million in temporary rent subsidies for tenants unable to pay rent due to COVID-19.
In order to qualify for the program you must:
- Live in the City of L.A.
- Have proof of tenancy
- Meet income limits
- Be economically impacted by COVID-19
The application period opens at 8:00 a.m. on Monday, July 13 and closes at 11:59 p.m. on Friday, July 17. Please visit HCIDLA.LACity.org or call (844) 944-1868 for more information.
Retiree June 2020 Paycheck Flyer
LACERS Well is Looking for Members to Help Other Members in Need
The Coronavirus pandemic requires social distancing, but it shouldn’t mean social disconnection. The Safer at Home order requiring us to separate ourselves from others physically, may place some of us with limited social contact, in complete isolation. We are concerned that there may be some LACERS Members in this situation who need assistance, but don’t know where to turn.
Are you available to reach out to other LACERS Members by phone to check in with them and, if needed, inform them about available resources and most importantly, to hear from a friendly voice to bring them comfort and reassurance? (Don’t worry…we’ll provide you with a script and set of resources.)
Can we count on you? If so, please send an email to LACERSWell@lacers.org to learn more about how you can make a difference in someone’s life one phone call at a time.
Retro Check Adjustments for Retirement Allowances
LACERS processed most of the retroactive check adjustments, for retirees who retired before negotiated pay increases were included in their final average compensation, in the June payroll. Parts of this process were interrupted by social disturbances in the downtown area. In addition, retirements with a Domestic Relations Order (DRO) require additional analysis and calculations; therefore, they are still being processed. We hope to have the remaining adjustments processed and reflected in the July payroll.
Info Bulletin – LACERS’ Annual Review – 2nd Notice
IMPORTANT INFORMATION FOR ANYONE CONSIDERING RETIRING THIS YEAR
The Los Angeles City Employees’ Retirement System (LACERS) undergoes review by its actuary annually. This year a change is being implemented to reflect the true cost of providing Cost of Living Adjustments (COLA) that your spouse/domestic partner, eligible for a Continuance (a member’s retirement allowance continued at 50% or greater for the spouse’s lifetime), receive upon your death. This may appropriately increase the cost to you of providing this optional benefit.
Multi-Factor Authentication Enabled for MyLACERS Portal
We have implemented a new two-step verification security feature to enhance the safety of your information in the MyLACERS member portal. This feature has been enabled and you will be asked to verify your account via your choice of a code sent via SMS text messaging or email. Once your device is verified, you will not need to repeat the verification process unless:
Important Information from LACERS
Caution! SPAM Retirement Offers from Non-LACERS Email Addresses
City employees have reported receiving numerous retirement planning offers from suspicious non-LACERS email addresses. LACERS reminds you of the following when receiving suspicious emails from non-LACERS email addresses:
Retiree May 2020 Paycheck Flyer
Cost of Living Adjustment For 2020
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 3.1% for 2020.
Chief Investment Officer Message
In 2019, U.S. stocks, as reflected by the S&P 500 Index, gained 28.9%. This year we see the long-run bull market ending, much of it caused by recent global health concerns. The enormous market volatility can and probably will continue for many months. As such, you may have many concerns about its impact on LACERS.
Resources Available to Assist Seniors and Adults with Disabilities
Resources Available to Assist Seniors (65+) and Adults with Disabilities
During this difficult time, know that LACERS is here to support
you. We have created a crisis response page on our website
(lacers.org/crisis), as
well as an external resources page (lacers.org/external-resources),
to connect you with resources you or someone you know may
need.