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February 2024 Paycheck Flyer
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 2024, 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 2024, your current withholding remains in effect unless you submit a new Form W-4P.
LACERS Active Members Update for February
LACERS OFFICES CLOSED ON MONDAY, FEBRUARY 19
City Holiday: LACERS will be closed on Monday, February 19, 2024, in observance of Presidents Day.
LACERS Retired Members Update for February
LACERS OFFICES CLOSED ON MONDAY, FEBRUARY 19
City Holiday: LACERS will be closed on Monday, February 19, 2024, in observance of Presidents Day.
LACERS Well Calendar of Events
JOIN UPCOMING LACERS WELL EVENTS
Visit our LACERS Well Event webpage for complete webinar details.
KAISER RETIREE & ACTIVE WELL-BEING WEBINARS
Tuesday, February 13, 10:00 a.m. – 11:00 a.m.
January 2024 Paycheck Flyer
LACERS 2023 1099-R FORMS HAVE BEEN MAILED
LACERS has completed its mailing of 1099-R tax forms to retirees and beneficiaries for the 2023 tax year. The 1099-Rs are only sent to the address on file with LACERS. Therefore, 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 to be mailed to you is the second week of February.
LACERS Retired Members Update for January
LACERS 2023 1099-R FORMS HAVE BEEN MAILED
LACERS has mailed its 1099-R tax forms to retirees and beneficiaries for the 2023 tax year. The 1099-Rs are only sent to the address on file with LACERS. Therefore, 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 you may request a duplicate to be mailed to you is the second week of February. You may also view your 1099-R via your MyLACERS account beginning in February.
LACERS Active Members Update for January
WE NEED YOUR FEEDBACK: TAKE THE LACERS FAMILY DEATH BENEFIT PLAN SURVEY
LACERS wants to understand our members’ knowledge of the Family Death Benefit Plan (FDBP). Please take our brief survey. Your participation is appreciated!
LACERS Well Calendar of Events
JOIN UPCOMING LACERS WELL WEBINARS
Visit our LACERS Well Event webpage for complete webinar details.
KAISER RETIREE & ACTIVE WELL-BEING WEBINARS
Tuesday, January 9, 10:00 a.m. – 11:00 a.m.
December 2023 Paycheck Flyer
2024 LACERS OPEN ENROLLMENT – REMINDERS AND UPDATES
- Health plan changes made during the 2024 Open Enrollment period are effective from January 1 through December 31, 2024, unless you experience a qualifying event and change plans by the associated deadlines. New deductions that reflect your health plan changes will appear on your December 31, 2023, retirement check.
LACERS Active Members Update for December
IMPORTANT: UPCOMING HOLIDAY HOURS
LACERS’ front desk will be closed, and the 800 number will be offline from December 22nd – January 1st. LACERS will continue to reply to incoming emails and respond to voicemails during this time except on December 25th and January 1st in observance of the respective holidays.
Please keep these dates in mind and plan ahead if you want to speak with a LACERS representative by phone. We look forward to continuing to assist our Members and wish everyone a wonderful holiday season!
LACERS Retired Members Update for December
IMPORTANT: UPCOMING HOLIDAY HOURS
LACERS’ front desk will be closed, and the 800 number will be offline from December 22nd – January 1st. LACERS will continue to reply to incoming emails and respond to voicemails during this time except on December 25th and January 1st in observance of the holidays.
Please keep these dates in mind and plan ahead if you want to speak with a LACERS representative by phone. We look forward to continuing to assist our Members and wish everyone a wonderful holiday season!
November 2023 Paycheck Flyer
LACERS RESUMES NORMAL OPERATING HOURS AT ITS FRONT DESK
LACERS has resumed its front desk’s normal hours of operation: Monday – Friday, 7:00 a.m. – 4:00 p.m. No appointment is needed. As a reminder, we offer more ways to serve you, including phone and email assistance, virtual sessions, and Secure Document Upload for submitting forms safely.
LACERS Retired Members Update for November
LACERS OPEN ENROLLMENT ENDS TODAY
Today, November 16 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, 2024. 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 2025.
LACERS Active Members Update for November
IMPORTANT: THANKSGIVING HOLIDAY HOURS
The Thanksgiving holiday is quickly approaching, the LACERS Front Desk will be closed and the LACERS 800 phone number will not be in service from November 20 through November 22. 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. LACERS will be closed on November 23 and 24 for the Thanksgiving Holiday.
Please keep these dates in mind and plan ahead if you want to speak with a LACERS representative by phone. We look forward to continuing to assist our Members and wish everyone a wonderful holiday!
October 2023 Paycheck Flyer
REMINDER: LACERS 2024 OPEN ENROLLMENT PERIOD ENDS NOVEMBER 16
There’s still time to make changes to your LACERS coverage for next year! LACERS’ Open Enrollment period runs from October 16 – November 16. The Open Enrollment period is an opportunity to enroll in a health or dental plan, change your plan, or add dependents, with changes becoming effective on January 1, 2024. Open Enrollment packets were mailed in early October and are also available online at lacers.org/enrollment.
Medicare Part B Premium for 2024
MEDICARE PART B PREMIUMS FOR 2024
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.
Active Members October Update
HOW DOES DIVORCE AFFECT YOUR RETIREMENT?
Members may not realize that a dissolution of their marriage or domestic partnership can impact their LACERS retirement benefits. If you and your spouse or state-registered domestic partner are considering this course of action, you should consider the potential effects.
LACERS Retired Members Update for October
LACERS OPEN ENROLLMENT HAS BEGUN
LACERS is currently accepting applications for health plan changes, the addition of eligible dependents, and new enrollments until November 16, 2023. Changes made during this period will become effective on January 1, 2024. If you do not want to change plans or add dependents, you do not need to take any action; your current LACERS health coverage will continue for the 2024 plan year.
LACERS recommends reviewing the Open Enrollment webpage to stay informed of your benefit options.
Please visit LACERS.org to view electronic versions of the 2024 Open Enrollment Overview and the 2024 Health Benefits Guide.