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November 2024 Paycheck Flyer
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.
Medicare Part B Premium for 2025
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.
LACERS Active Members Update for November
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!
LACERS Retired Members Update for November
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.
LACERS Well Calendar of Events
UPCOMING VIRTUAL EVENTS
COUNTY OF LOS ANGELES WELLNESS SERIES
Tomorrow, November 6, 10:00 a.m. – 11:30 a.m.
October 2024 Paycheck Flyer
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.
LACERS Active Members Update for October
THINGS TO CONSIDER IF RETIRING EARLY
Members who began working for the City early in their lives/careers may begin to consider taking an early retirement once they find they meet the requirements at lacers.org/eligibility. However, several important points should be considered before taking an early retirement.
LACERS Retired Members Update for October
LACERS OPEN ENROLLMENT STARTS TODAY!
Beginning today, October 15, 2024, to November 18, 2024, LACERS will accept applications for new enrollments, health plan changes, and addition of eligible dependents. Changes made during this period will become effective on January 1, 2025. If you wish to keep your current LACERS health coverage for 2025, you do not need to take any action. LACERS recommends reviewing the Open Enrollment materials to stay informed of your benefit options and costs.
LACERS Well Calendar of Events
UPCOMING VIRTUAL EVENTS
COMPUTER TECHNOLOGY WEBINAR
Wednesday, October 9, 2:00 p.m. – 3:30 p.m.
This webinar, in partnership with Mom’s Computer, a technology provider contracted by LACERS, helps Members navigate the changing technology landscape and offers tips on using computers, smartphones, tablets, the Internet, and more.
September 2024 Paycheck Flyer
2025 LACERS OPEN ENROLLMENT COMING SOON: OCTOBER 15 THROUGH NOVEMBER 18, 2024
LACERS Health Benefits Open Enrollment will be held from October 15 – November 18, 2024. This is your opportunity to enroll, make changes, or add eligible dependents to your LACERS medical or dental plan, with changes becoming effective January 1, 2025. If you do not wish to make changes, no action is required.
Open Enrollment packets will be mailed in early October.
LACERS Retired Members Update for September
2025 LACERS OPEN ENROLLMENT COMING SOON: OCTOBER 15 THROUGH NOVEMBER 18, 2024
LACERS Health Benefits Open Enrollment will be held from October 15 through November 18, 2024. This is your opportunity to enroll, make changes, or add eligible dependents to your LACERS medical or dental plan, with changes becoming effective January 1, 2025. Open Enrollment packets will be mailed in early October.
If you do not wish to make changes, no action is required.
LACERS Active Members Update for September
DISCOVER YOUR LACERS RETIREMENT BENEFITS
We are officially changing the name of our Planning for Retirement Seminars to Retirement Benefit Seminars. This is because planning for retirement is something that all City employees should learn about well before they are eligible to retire.
Active Members Summer 2024 Newsletter is Here!
RETIREMENT READINESS, DOMESTIC PARTNERSHIPS, AND MORE.
The Active Members Summer 2024 Newsletter is now available on the LACERS website! It covers valuable information, from retirement readiness to worthwhile warm-weather activities, so be sure to check it out.
Retired Members Summer 2024 Newsletter is Here!
OFFERING ENHANCED READABILITY IN THIS ISSUE.
The Retired Members Summer 2024 Newsletter is now available on the LACERS website! It covers valuable information, from Medicare to worthwhile warm-weather activities, so be sure to check it out.
LACERS Well Calendar of Events
VOLUNTEER OPPORTUNITIES AT THE CABRILLO MARINE AQUARIUM
Join Cabrillo Marine Aquarium staff and become a volunteer where you can become a Docent (Touring, Middle school & High school Summer, Spring Outdoor Program and Aquatic Nursery), Whale Watch Training Program, Education Volunteer, and Aquarist Assistant. Please email CMA Volunteer Coordinator Floyd Anderson at floyd.anderson@lacity.org if you have any questions.
August 2024 Paycheck Flyer
LACERS’ 2025 ANNUAL OPEN ENROLLMENT IS COMING SOON! REMINDERS AND UPDATES
LACERS’ Annual Open Enrollment period will be held in the fall, and materials will be mailed in October. Materials will also be available online at laers.org/health-benefits.
LACERS Active Members Update for August
UPCOMING CITY HOLIDAY
Upcoming City Holiday: LACERS will be closed on Monday, September 2, 2024, in observance of Labor Day.
APPOINTMENTS ARE AVAILABLE FOR ONE-ON-ONE ASSISTANCE
LACERS offers both in-person and virtual assistance to our Members. Click here to make an appointment online or call (800) 779-8328.
LACERS Retired Members Update for August
UPCOMING CITY HOLIDAY
Upcoming City Holiday: LACERS will be closed on Monday, September 2, 2024, in observance of Labor Day.
LACERS’ 2025 ANNUAL OPEN ENROLLMENT
LACERS’ Annual Open Enrollment period will be held in the fall, and materials will be mailed in October. Materials will also be available online at lacers.org/health-benefits.
LACERS Well Calendar of Events
UPCOMING IN-PERSON EVENTS
SCAN/KAISER LUNCH & LEARN MEETING AT THE CALIFORNIA ENDOWMENT CENTER
This lunch-and-learn meeting will be held on Monday, August 19, from 9:00 a.m. to 2:30 p.m. at The California Endowment Center, 1000 Alameda Street, Los Angeles, CA 90012. The session will educate Members on managing chronic conditions and preventing them from worsening.
July 2024 Paycheck Flyer
LACERS COST OF LIVING ADJUSTMENT EFFECTIVE JULY 1
The LACERS Board of Administration has approved the maximum allowable Cost-of-Living Adjustment (COLA) for eligible LACERS Retired Members and Beneficiaries at 3.0% for Tier 1 and Tier 1 Enhanced Members and 2.0% for Tier 3 Members. Click here to view more information on the COLA increase and the availability of any banked excess. Retirees and Beneficiaries will receive the increase on their July 31st paycheck.