In the News
Coronavirus Update
The threat to the general public in the US and residents of Los Angeles County is ever changing. Please stay updated by visiting the following websites:
LA
County Department of Public Health
City of Los Angeles
Emergency Management Department
Centers for Disease Control and
Prevention
LACERS Responds to COVID-19
How LACERS Continues to Serve You and Helpful Resources for Senior Retired Members
Commissioner Ruiz PRI Signing
Board President Cynthia Ruiz attends the “PRI in Person” conference in early September to represent LACERS as we became official signatories of the Principles for Responsible Investment!
Annie Chao Swearing In
Annie Chao was elected to the LACERS Board by Active Members with
53.03% of the votes cast in her favor during the election that
was held on April 9, 2019. Annie Chao will be sworn in on
June 27, 2019 at the City Clerk’s Office for a five-year term
beginning July 1, 2019.
LACERS’ Annual Review
The Los Angeles City Employees’ Retirement System (LACERS) undergoes review by its actuary at least annually to ensure that its benefits are administered in accordance with all legal, tax and fiscal standards. This year a recommendation will be implemented requiring a minor adjustment to account for the Cost of Living Adjustments (COLA) that spouses/domestic partners, eligible for a Continuance (a member’s retirement allowance continuedat 50% or greater for the spouse’s lifetime), receive upon the member’s death.
LACERS Board Elects Officers for New Fiscal Year
Cynthia M. Ruiz was re-elected as President and Michael Wilkinson
was elected as Vice President at the Board of Administrations
July 23 meeting.