The Los Angeles City Employees’ Retirement System (LACERS) Board of Administration selected Wilshire Associates, Inc. as its general fund consultant at its meeting on Tuesday, Nov. 23. Wilshire Associates is based in Santa Monica, California. Eileen Neill, Managing Director and CFA, will be the principal on the account.
LACERS administers the City of Los Angeles’ pension plan to approximately 43,000 members and beneficiaries. LACERS’ portfolio is currently $10 billion.