Home News and Events
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.