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LACERS strives to keep investment fees low.  Based on the 2016 Cost Effectiveness Management

Investment Benchmarking Report, LACERS total investment cost of 0.469% (of total assets) was lower than the U.S. pension plan median cost of 0.538%.  LACERS’ net-of-fees return of 0.3% was higher than the U.S. pension plan median net-of-fees of -0.6%.  Fees and returns are based on calendar year 2015 data.

Member Information Center
MyLACERSMyLACERS is a web member service that lets Members view account information 24/7. Active Members can see contributions on account, designated beneficiaries and contact information. Retired Members can view past 1099R statements, current payment statements, designated beneficiaries, current deductions and health deduction information. It's easy, fast and very informative!

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Choose one of the options from the drop down menu below to get more information about our most popular subjects.

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Planning for Retirement (PFR) Seminar
Mar. 15, 2017
PFR Tier 1
Mar. 18, 2017
PFR Tier 1

Board Meeting Schedule
Feb, 28, 2017
10:00 AM
Mar. 14, 2017
10:00 AM

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LACERS Pension Symposium NEW
On February 9th, LACERS hosted a Pension Symposium.  Click here for the Symposium presentations.

Retired Member . . . the LACERS Well Extravaganza is Near NEW
It’s time to register for the 4th Annual LACERS Well Extravaganza!  The Extravaganza will be held on Wednesday, March 1st at the Hilton DoubleTree Hotel in Ontario.  The theme of this year’s Wellness Extravaganza is “Make Your Move . . . To a Healthier, Leaner, Stronger You!”  Expert presentations will be held on Arthritis Prevention, Stretching Your Way to Better Health, and Improving Balance.  Among the activities provided will be Yoga, Tai Chi/QiGong, and Zumba classes and a Mobility Health Screening.  The event is open to all Retired Members plus one guest.

Doors open at 9:30 a.m. and sessions conclude around 4:00 p.m.  Seating, especially for the activities, will be limited, so pre-registration for the Extravaganza and the individual activities is required.  Click here for more information and to register.

Stay Informed!  You Can Listen to Board Meetings Online NEW
Recordings of previous Board of Administration Meetings are now available at www.LACERS.org.
Listen to recorded coverage of the LACERS Board of Administration meetings.  Click on “Audio File” to select audio recording meeting of your choice. Click here for a complete list of recorded meetings.

Investment Committee Audio File
Board of Administration Audio File

Form 1099-R NEW
LACERS will mail Retired Members their IRS Form 1099-R (Distribution from Pensions, Annuities, Retirement, etc.) by the end of January 2017.  Members and Beneficiaries who do not receive their 1099-Rs by February 15 should contact LACERS to request a new one.  Regenerating a 1099-R may require a few working days to process. 

Also, Retirees who recently moved should contact LACERS to update their address information by using a Change of Address Request form, which is available at www.LACERS.org.

Basic Medicare Part B Premiums to Increase in 2017
Each year, the Centers for Medicare and Medicaid Services (CMS) sets the Medicare premium rates for the following calendar year. 

For 2017, CMS announced that the standard (basic) Medicare Part B premium amount will be $134.00 per month (or higher depending on your income).  However, most Members will pay less than this amount. This is because the Part B premium increased more than the cost-of-living increase for 2017 Social Security benefits. The Hold Harmless provision prevents an increase in Medicare Part B premiums greater than the dollar amount of the increase of an individual’s Social Security benefit. Read more ...

Important Information About Your Benefits!
Health Benefit Eligibility Change for Members with Part-Time Employment
IMPORTANT! Retired Members who had worked part-time that did not qualify for health benefits in the past may now be eligible.
Recently, the City Council adopted an ordinance that amended language related to LACERS health benefits eligibility.  This ordinance took effect on Sunday, February 21, 2016.  Based on this new ordinance, Members who are at least age 55, had worked part-time, and have at least ten years of Service with the City of Los Angeles (worked for the City for at least ten years) now are eligible to receive medical and dental plan premium subsidies.  The new eligibility criteria for LACERS medical and dental plan premium subsidies are summarized below. 

Read more

Member Demographic Fast Facts
Want to learn more about LACERS’ Membership? Click here.

Read this before you transfer or promote to the Department of Water and Power.

If You Plan on Transferring or Promoting to DWP – Reciprocity Has Been Suspended between LACERS and WPERP. On December 10, 2013, the City of Los Angeles adopted an ordinance suspending reciprocity, effective January 1, 2014, between the Los Angeles City Employees’ Retirement System (LACERS) and the Water and Power Employees Retirement Plan (WPERP). Read more ...

City Seal
As a covered entity under Title II of the Americans with Disabilities Act, the City of Los Angeles does not discriminate on the basis of disability and, upon request, will provide reasonable accommodation to ensure equal access to its programs, services, and activities. For additional information or to make a request for documents in an alternative format, please contact (800) 779-8328 or TDD (888) 349-3996.