Public Pension Standards Award For Funding and Administration by the Public Pension Coordinating Council, a confederation of National Association of State Retirement Administrators (NASRA), National Conference on Public Employee Retirement Systems (NCPERS), and the National Council on Teacher Retirement (NCTR) in recognition of meeting professional standards for plan funding and administration as set forth in the Public Pension Standards.
Certificate of Achievement for Excellence in Governmental Accounting and Financial Reporting by the Government Finance Officers Association (GFOA) of the United States and Canada for our Comprehensive Annual Financial Report (CAFR). LACERS has won this award every year since 1999. Click here
to view the CAFR.
The Quality and Productivity Award by the City of Los Angeles Quality and Productivity Commission for successful participation in the Federal Early Retiree Reinsurance Program (ERRP), resulting in reimbursements totaling $5.9 million for claims associated with early retiree medical plans.
The Pew Charitable Trusts commended LACERS in its 2013 report, A Widening Gap in Cities --- shortfalls in Funding for Pensions and Retiree Health Care. LACERS was recognized as a "bright spot" for prefunding retiree health care.