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A NEW YEAR AND NEW ENHANCEMENTS AT LACERS
LACERS to Improve Service and Security for our Members
NEW
LACERS is rolling out a new computer system. The biggest changes will be behind the scenes, but we
have made many improvements to how we do business so we can provide the best customer service
to all of our Members. Here is what you can expect to see beginning in a few months:
  • Paychecks and Direct Deposit slips will have a new look and contain more information, starting with your March monthly allowance.
  • MyLACERS* will relaunch in June with added features and functionality, including 24/7 access to your account information, access to LACERS correspondences, and the ability to review and register for LACERS events.

Additional information will be provided in upcoming paycheck flyers and at www.LACERS.org.

*MyLACERS is a secure site, subject to LACERS privacy and confidentiality practices and policies regarding Member account information.


Member Alert Regarding Allegedly Predatory Pension Loan Businesses
Persons receiving monthly pensions, including LACERS Retired Members, may be targeted by salespersons offering immediate cash in exchange for rights to future retirement or disability retirement payments.    These pension loans, or “advances,” may be offered with unlawful or unfair terms, including exceedingly high interest rates and fees.  Some pension loan agreements may also require borrowers to purchase life insurance with the lender named as the beneficiary.

On February 16, 2017, Los Angeles City Attorney Mike Feuer filed a lawsuit against an individual and multiple companies allegedly involved in a predatory lending scheme targeting vulnerable California pensioners. Read more ...



MyLACERS

MyLACERS MyLACERS 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!
Health Benefits Guide

  • Click here for 2018 Health Benefits Guide
  • Click here for 2018 Health Benefits Guide Overview
  • Click here for 2018 Health Benefits Guide Supplement
2018 Health Benefits Guide