The Board Manual contains the governing policies of the Los
Angeles City Employees’ Retirement System’s Board of
Administration.
The Board Manual was last updated in May 2024.
Article I – Board Governance Statement
This statement of governance makes clear the
statutes, principles, structure, and assignment of duties
that prevail in the Board’s successful oversight of the
Retirement System.
Article II – Board Administrative Policies
The Board adopts policies to provide clear and consistent
direction to Board Members and Staff in the administration of the
System.
Article III – Board Investment Policies
Policies in this Article provide guidance for the oversight
and management of the Investment Fund. Please note that policies
concerning contract administration also apply to Investment
contracts and are found in Article II – Board Administrative
Policies.
