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LACERS Suspends In-Person Office Visits
Mayor Garcetti has ordered City departments and agencies to take additional steps that can help slow the spread of the novel coronavirus (COVID-19), strengthening the local response to the outbreak with measures that include new limits on public gatherings in City facilities.
For this reason, LACERS has suspended public access to our offices from external visitors at this time. Please know that assistance is still available via telephone and email during our normal business hours, 7:00 a.m. to 4:00 p.m., excluding holidays.
Annie Chao Swearing In
Annie Chao was elected to the LACERS Board by Active Members with
53.03% of the votes cast in her favor during the election that
was held on April 9, 2019. Annie Chao will be sworn in on
June 27, 2019 at the City Clerk’s Office for a five-year term
beginning July 1, 2019.
LACERS’ Annual Review
The Los Angeles City Employees’ Retirement System (LACERS) undergoes review by its actuary at least annually to ensure that its benefits are administered in accordance with all legal, tax and fiscal standards. This year a recommendation will be implemented requiring a minor adjustment to account for the Cost of Living Adjustments (COLA) that spouses/domestic partners, eligible for a Continuance (a member’s retirement allowance continuedat 50% or greater for the spouse’s lifetime), receive upon the member’s death.
LACERS Board Elects Officers for New Fiscal Year
Cynthia M. Ruiz was re-elected as President and Michael Wilkinson
was elected as Vice President at the Board of Administrations
July 23 meeting.