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February 2025 Paycheck Flyer

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ANNUAL NOTICE OF RIGHT TO ELECT OR REVOKE FEDERAL INCOME TAX WITHHOLDING

LACERS is required to inform you that your periodic benefit payments from LACERS may be subject to Federal Income Tax withholding unless you elect not to withhold. If your benefit becomes effective in 2025, and a completed Form W-4P is not on file with LACERS, your withholding will be calculated as if your filing status is Single with no adjustments. For benefits that began before 2025, your current withholding remains in effect unless you submit a new Form W-4P.

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LACERS Active Members Update for February

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LACERS OFFICES CLOSED THIS MONDAY, FEBRUARY 17

City Holiday: LACERS is closed this Monday, February 17, 2025, in observance of Presidents’ Day.

ATTEND OUR UPCOMING TIER 1 RETIREMENT BENEFITS WEBINAR ON THURSDAY, FEBRUARY 20

Take a proactive approach to learning about your retirement and attend our upcoming Retirement Benefits Webinar taking place at 9:00 a.m. on Thursday, February 20.

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LACERS Well Calendar of Events

cheerful elderly woman in sportswear with dumbbells

STRONGER U ACADEMY FITNESS CLASSES

Wednesday, February 12, 9:30 a.m. – 11:00 a.m.

Stronger U Academy 2025 is off to a great start! Join Coach Sean Foy and become part of a select group of committed individuals who are interested in strengthening their fitness and personal lives to create a wellness “movement.”

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January 2025 Paycheck Flyer

TAX word and envelope.
LACERS 2024 1099-R FORMS HAVE BEEN MAILED

LACERS has completed its mailing of 1099-R tax forms to retirees and beneficiaries for the 2024 tax year. The 1099-Rs are only sent to the address on file with LACERS. If you have recently moved or changed your address, please complete and submit a Change of Address form. If you have not received your 1099-R, the earliest that you may request a duplicate be mailed to you is the second week of February.

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ALIVE AND WELL AUDIT MAILINGS

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‘ALIVE AND WELL’ AUDIT MAILINGS HAVE BEGUN

For Members aged 80+, watch for an upcoming LACERS mailing containing a form to be completed and returned. LACERS periodically conducts ‘Alive and Well’ audits to ensure that Member contact information is correct and that monthly benefit payments are being paid to the intended named recipient on file. Please note that a response is required, and your timely submission is appreciated.

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LACERS Active Members Update for January

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LACERS OFFICES CLOSED THIS MONDAY, JANUARY 20

City Holiday: LACERS is closed this Monday, January 20, 2025, in observance of Martin Luther King Day.

2025 ACTIVE MEMBER CHECK-UP

Now is a great time to check on your LACERS benefits. Here are some things to review:

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December 2024 Paycheck Flyer

We wish you a Happy New Year 2025  design template with sparkle firework on blue background.
2025 LACERS OPEN ENROLLMENT – REMINDERS AND UPDATES
  • Health and dental plan changes made during the 2025 Open Enrollment period are effective from January 1 through December 31, 2025, unless you experience a qualifying event and make changes by the associated deadlines. New deductions that reflect your health plan changes will appear on your December 31, 2024, retirement check.
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LACERS Active Members Update for December

Framed by a Christmas tree, night time view of the 1928 constructed downtown City Hall of Los Angeles, California, USA.

LACERS 2024 WINTER HOLIDAY OBSERVANCE SCHEDULE 

In observance of the upcoming winter holidays, the LACERS front desk will be closed for services and appointments, and the 800-phone number will be offline on:

  • December 24 
  • December 26 
  • December 27 
  • December 30
  • December 31

LACERS will continue to reply to incoming emails via lacers.services@lacers.org and respond to voicemails during this time.

LACERS will be closed, and services will be unavailable on:

  • December 25
  • January 1
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LACERS Retired Members Update for December

Framed by a Christmas tree, night time view of the 1928 constructed downtown City Hall of Los Angeles, California, USA.

LACERS 2024 WINTER HOLIDAY OBSERVANCE SCHEDULE 

In observance of the upcoming winter holidays, the LACERS front desk will be closed for services and appointments, and the 800-phone number will be offline on:

  • December 24 
  • December 26 
  • December 27 
  • December 30
  • December 31

LACERS will continue to reply to incoming emails via lacers.services@lacers.org and respond to voicemails during this time.

LACERS will be closed, and services will be unavailable on:

  • December 25
  • January 1
Paycheck Flyer

November 2024 Paycheck Flyer

Open Enrollment has Ended with clock and calendar background.
LACERS OPEN ENROLLMENT HEALTH PLAN CHANGES BECOME EFFECTIVE JANUARY 1, 2025 

LACERS’ Open Enrollment period ended November 18, and applications for health plan changes for the 2025 plan year are no longer being accepted.

Changes made during the Open Enrollment period become effective January 1, 2025. If you changed your health plan, you will receive your health plan I.D. card in mid-January. New deductions that reflect your health plan changes will appear on your retirement check on December 31, 2024.

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Medicare Part B Premium for 2025

Happy senior couple talking with their female nurse at home

MEDICARE PART B PREMIUMS FOR 2025

As a reminder, all Retired Members and their dependents who are eligible for Medicare and enrolled in a LACERS plan are required to enroll in Medicare Part B.  Retired Members enrolled in Medicare Parts A & B with at least 10 years of Service who are enrolled in a LACERS Senior medical plan or participate in the Medical Premium Reimbursement Program (MPRP) are eligible for a reimbursement of their standard (basic) Medicare Part B premium.

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LACERS Active Members Update for November

Thanksgiving message with autumn leaves and an orange pumpkin

IMPORTANT: THANKSGIVING HOLIDAY HOURS

With the Thanksgiving holiday quickly approaching, please note that the LACERS Front Desk will be closed and the LACERS 800 phone number will not be in service from November 25 through November 27. Members can still reach LACERS for urgent matters either by leaving a voicemail at (800) 779-8328 or by emailing us at lacers.services@lacers.org. These inquiries will be responded to within 24 hours. LACERS will be closed on November 28 and 29 for the Thanksgiving Holiday.

Please keep these dates in mind and plan ahead if you want to speak with a LACERS representative. We look forward to continuing to assist our Members and wish everyone a wonderful holiday!

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LACERS Retired Members Update for November

Happy Thanksgiving handwritten script text with pumpkins, squash and gourds colorful background texture

LACERS OPEN ENROLLMENT ENDS TODAY 

Today, November 18 is the last day to make Open Enrollment changes to your LACERS health and dental plans. Open Enrollment changes made by today will become effective on January 1, 2025. Unless you have a qualifying event, the next opportunity to change your LACERS health or dental plan will be next year during the Open Enrollment period for 2026.

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October 2024 Paycheck Flyer

Open Enrollment text quote, concept background
REMINDER: LACERS 2025 OPEN ENROLLMENT ENDS NOVEMBER 18

There’s still time to make changes to your LACERS coverage for next year! LACERS’ Open Enrollment period runs from October 15 – November 18. It is your annual opportunity to enroll in a health or dental plan, change plans, or add dependents, with changes becoming effective January 1, 2025. Open Enrollment packets were mailed in October and are available online at lacers.org/enrollment.

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