It’s been a season of change and excitement for LACERS during the last several months. We couldn’t be more excited to have turned the key and moved into our new headquarters at 977 N. Broadway. Each floor was designed with flexible workstations and open floor plans to allow for collaboration and co-creation.

The Spring season is a time for change and progress, and here at LACERS, Spring is definitely in full swing. As March showed a decline in COVID positivity rates, we decided to reopen our offices to the public on an appointment-only basis. We are excited to welcome you back and meet with you face to face, with proper safety protocols in place. Our new headquarters is still under construction; therefore, all appointments will occur at our LA Times office building until further notice.

The mission of the LACERS Well wellness program is to enhance the quality of life and retirement for Members by providing resources and activities that promote optimal health and wellness. The wellness team recently received a thank you card from a LACERS Member and her spouse who live in the Las Vegas area expressing, “We want to sincerely thank you for bringing the Aging Mastery Program (AMP) to us. It was so meaningful and enriched our retirement lives.” AMP is a course developed by the National Council on Aging to help older adults build their own personal playbook for aging well.

Fiscal Year 2019-20, as you can imagine, was a year of uncertainties for investments. With the economy stalled due to the COVID-19 pandemic, LACERS ended the fiscal year with a slightly positive return thanks to an investment policy and asset allocation that is designed to withstand volatility and fluctuations in the market through a diversified portfolio that includes U.S. Equity, Non-U.S. Equity, Core Fixed Income, Credit Opportunities, Private Equity, Public Real Assets, Real Estate, and Cash asset classes.