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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.
LACERS FRONT DESK OPERATING HOURS
The LACERS Front Desk at 977 N. Broadway will begin operating Monday – Friday, 7:00 a.m. – 4:00 p.m., beginning this Monday, October 16, 2023. No appointment is needed.
September 2023 Paycheck Flyer
LACERS 2024 OPEN ENROLLMENT BEGINS OCTOBER 16
This year, LACERS Open Enrollment period will be held 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 will be mailed in early October and will also be available online at lacers.org/enrollment.
LACERS Active Members Update for September
IN-PERSON PLANNING FOR RETIREMENT SEMINAR OCTOBER 19
Many retirees comment that their City career flew by. As an Active LACERS Member, are you ready for what tomorrow may bring (including retirement)? Now’s your chance to take a proactive approach toward retirement and attend an upcoming in-person Planning for Retirement Seminar at The California Endowment on Thursday, October 19 at 9:00 a.m. Complimentary parking and light snacks will be provided.
Space is limited. Register via MyLACERS. Looking for other options? Access our calendar for a full schedule of upcoming seminars.
LACERS Retired Members Update for September
LACERS OPEN ENROLLMENT IS OCTOBER 16 – NOVEMBER 16
LACERS will accept applications for health plan changes, addition of eligible dependents, and new enrollments from October 16, 2023, to November 16, 2023. Changes made during this period will become effective on January 1, 2024.
LACERS recommends reviewing the Open Enrollment material to stay informed of your benefit options. If you do not want to change plans or add dependents, you do not need to take action; your current LACERS health coverage will continue for the 2024 plan year unless otherwise noted in your materials.
The 2024 Open Enrollment packet will be mailed in early October to your address in LACERS system as of August 21, 2023. The U.S. Postal Service does not forward the packet even if you have done a “Change of Address” or “Forwarding Request.”
For Members over the age of 65 or Members who have dependents with Medicare Parts A and B, the Open Enrollment packet will consist of the 2024 Open Enrollment Statement, 2024 Health Benefits Guide, and the 2024 Open Enrollment Overview.
For Members who are under age 65 or enrolled only in a LACERS Dental plan or a Medical Reimbursement Program (MPRP) participant or are not enrolled in a LACERS plan, the packet will consist of the 2024 Open Enrollment Statement and the 2024 Open Enrollment Overview.
Active Members Summer 2023 Newsletter is Here!
YOUR MID-YEAR CHECK-UP AND MORE IN THIS ISSUE.
The Active Members Summer 2023 Newsletter is now available on the LACERS website! From assessing where you are with a mid-year check-up to learning how LACERS navigates the current economic environment to protect and grow the LACERS Fund, this is a newsletter you won’t want to miss!
August 2023 Paycheck Flyer
LACERS FRONT DESK NEW OPERATING HOURS
LACERS Headquarters’ Front Desk at 977 N. Broadway has temporarily adjusted its hours. The Front Desk is now open Monday – Friday, 7:00 a.m. – 1:00 p.m.; no appointment is necessary. Unable to visit our offices during these hours?
LACERS Retired Members Update for August
ANNOUNCEMENT
Upcoming Office Closure: LACERS offices will be closed on Friday, August 25, 2023, phone and email assistance will be available during the office closure.
Upcoming City Holiday: LACERS will be closed on Monday, September 4, 2023, in observance of Labor Day.
LACERS Active Members Update for August
ANNOUNCEMENT
Upcoming Office Closure: LACERS offices will be closed on Friday, August 25, 2023, phone and email assistance will be available during the office closure.
Upcoming City Holiday: LACERS will be closed on Monday, September 4, 2023, in observance of Labor Day.
LACERS Retired Members Check-Up 2023
Now’s the perfect time to do a mid-year check-up on your LACERS benefits. Here are some things to check off your list:
Keep Your Beneficiaries Current
Make it a habit to review your designated beneficiaries on file with LACERS annually so that your benefits are paid out as intended if you pass away.
LACERS Active Members Check-Up 2023
Now’s the perfect time to do a mid-year check-up on your LACERS benefits. Here are some things to check off your list:
MyLACERS Account
Have you created your profile on the LACERS Member Portal? MyLACERS is your online gateway to real-time details about your retirement account. You can generate a member statement, register for upcoming webinars and events, or create a benefit estimate for a future retirement date. Request a PIN letter today! Don’t know how…watch this two-minute video.
Retired Members Summer 2023 Newsletter is Here!
YOUR MID-YEAR CHECK-UP AND MORE IN THIS ISSUE.
The Retired Members Summer 2023 Newsletter is now available on the LACERS website! From assessing where you are with a mid-year check-up to learning how LACERS is navigating the current economic environment to protect and grow the LACERS Fund, this is a newsletter you won’t want to miss!
July 2023 Paycheck Flyer
THERE’S NO TIME LIKE THE PRESENT TO HAVE YOUR ANNUAL EYE EXAM
An annual eye exam can help you stay on top of healthy eye care. Don’t wait! Take care of your eyes this summer. LACERS Vision coverage is available for Members who participate in a LACERS-sponsored medical plan. Anthem Blue View Vision is available to Members who are enrolled in Anthem Blue Cross, SCAN Health Plan, or UnitedHealthcare. Members enrolled in a Kaiser Permanente plan are covered for vision services with Kaiser.
LACERS Retired Members Update for July
ANNOUNCEMENT
LACERS welcomes our newest Commissioner to our Board of Administration, Mr. Gaylord “Rusty” Roten. Commissioner Roten will attend his first LACERS Board meeting on Tuesday, July 25, 2023. Join us in welcoming him to the LACERS Board!
To learn more about Commissioner Roten and the other members of the Board, please visit our Board Members webpage.