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February 2023 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 2023, 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 2023, your current withholding remains in effect unless you submit a new Form W-4P.
LACERS Active Members February Update
JOIN THE LACERS PENSION SYMPOSIUM TOMORROW AT 9:00 A.M.
Join us tomorrow, February 22, from 9:00 a.m. – 3:00 p.m. via Zoom for our first virtual Pension Symposium. The 2023 LACERS Pension Symposium will feature a range of speakers presenting on the national perspective of public pensions, risks to public pension funds, aspects of investments, retirement, and LACERS’ operations and innovations. For more information on this event, click here.
LACERS Retired Members February Update
JOIN THE LACERS PENSION SYMPOSIUM TOMORROW AT 9:00 A.M.
Join us tomorrow, February 22, from 9:00 a.m. – 3:00 p.m. via Zoom for our first virtual Pension Symposium. The 2023 LACERS Pension Symposium will feature a range of speakers presenting on the national perspective of public pensions, risks to public pension funds, aspects of investments, retirement, and LACERS’ operations and innovations. For more information on this event, click here.
Active Members Winter 2023 Newsletter is Here!
INVESTING 10 MINUTES READING THIS NEWSLETTER CAN ENHANCE YOUR RETIREMENT BENEFITS KNOWLEDGE.
The Active Members Winter 2023 newsletter is now available on the LACERS website! This installment opens with an important message from LACERS Board President Nilza Serrano. As you read further, you’ll learn about various topics, such as:
LACERS Well Calendar of Events
THERE IS MORE THAN ONE WAY TO EXPERIENCE LACERS WELL!
When “life happens,” it can require us to focus on other priorities besides our own wellness. And that’s okay. LACERS Well has you covered! If you have missed past LACERS Well events, we have event recordings on various topics – finances, emotional wellness, fitness, and more!
Visit the LACERS YouTube channel to experience these offerings today. And while you’re at it, feel free to share the experience of LACERS Well with your family and friends.
Our desire is to help you meet your 2023 wellness goals.
January 2023 Paycheck Flyer
NEW IRS AND CA STATE TAX WITHHOLDING FORMS FOR 2023
The IRS released a revised Form W-4P (Withholding Certificate for Periodic Pension or Annuity Payments) effective January 2023, which includes substantial changes to the federal tax withholding elections available, as well as changes to the calculation LACERS performs to determine the amount to be withheld. The new Form W-4P is posted on LACERS.org and is now available for use.
LACERS Active Members January Update
SAVE THE DATE! LACERS PENSION SYMPOSIUM FEBRUARY 22
Join us for our first virtual Pension Symposium on Wednesday, February 22, from 9:00 a.m. – 3:00 p.m. via Zoom. The 2023 LACERS Pension Symposium will feature a range of speakers presenting on the national perspective of public pensions, risks to public pension funds, aspects of investments, retirement, and LACERS operations and innovations. For more information on this event, click here.
LACERS Retired Members January Update
SAVE THE DATE! LACERS PENSION SYMPOSIUM FEBRUARY 22
Join us for our first virtual Pension Symposium on Wednesday, February 22, from 9:00 a.m. – 3:00 p.m. via Zoom. The 2023 LACERS Pension Symposium will feature a range of speakers presenting on the national perspective of public pensions, risks to public pension funds, aspects of investments, retirement, and LACERS operations and innovations. For more information on this event, click here.
LACERS Well Calendar of Events
HAPPY NEW YEAR FROM THE LACERS WELL TEAM!
We are brimming with excitement because 2023 is here and we have great news! Many of the wellness events Members enjoyed in 2022 are returning. Fitness Made Simple with Sean Foy, Mom’s Computer Events with Elijah and his team, and offerings from Alzheimer’s Los Angeles and Los Angeles County too. Check out our upcoming events below.
Our desire is to help you meet your 2023 wellness goals.
You can register for these events via your MyLACERS online portal account or by calling LACERS at (800) 779-8328. Once you have registered, expect Zoom access information to be provided at least one day before your event.
December 2022 Paycheck Flyer
MEDICARE PART B PREMIUMS FOR 2023
As a reminder, all retired Members and their dependents that 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 and 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 December Update
WISHING YOU HAPPY HOLIDAYS AND A SAFE, PROSPEROUS 2023
Season’s greetings from all of us at LACERS. As the year draws to a close, we can’t help but express our sincere appreciation for you. Best wishes in 2023!
LACERS Retired Members December Update
WISHING YOU HAPPY HOLIDAYS AND A SAFE, PROSPEROUS 2023
Season’s greetings from all of us at LACERS. As the year draws to a close, we can’t help but express our sincere appreciation for you. Best wishes in 2023!
LACERS Well Calendar of Events
CONNECT WITH OTHERS AT UPCOMING EVENTS!
AGING MASTERY PROGRAM
The Aging Mastery Program (AMP) is a fun and engaging education and behavior change incentive program for aging well. Beginning on August 30 at 10:00 a.m., this interactive 5-week class empowers you to take key steps to improve your well-being, add stability to your life, and strengthen ties to your community. Meet new friends and provide encouragement to one another as you take the Aging Mastery journey together! To learn more about the AMP program, watch this video. Graduates of the program will receive a LACERS Well goodie bag with gift card included.
FITNESS MADE SIMPLE
Why just talk or dream about exercise when we can “Make Fitness Simple?” Join Coach Sean Foy for monthly classes in 2022, with the next session being on August 17 at 9:30 a.m. He will help you train in the comfort and convenience of your own home via computer or phone to realize your personal health and fitness goals! Learn more on the Fitness Made Simple event page.
LACERS Well Calendar of Events
HAPPY HOLIDAYS FROM THE LACERS WELL TEAM!
Best wishes for a happy holiday season and our sincere appreciation for your participation throughout the year. Check out our upcoming events in December below, and we look forward to seeing you again soon!
You can register for these events via your MyLACERS online portal account or by calling LACERS at (800) 779-8328. Once you have registered, expect Zoom access information to be provided at least one day before your event.
November 2022 Paycheck Flyer
NEW IRS AND CA STATE TAX WITHHOLDING FORMS FOR 2023
The Internal Revenue Service (IRS) and the State of California have released new forms for requesting federal and state tax withholdings. The new W-4P and W-4R forms will be used for requesting federal tax withholdings and form DE-4P will be used for California State tax withholdings. The new forms will be required for any requests received on December 13, 2022, and beyond. You DO NOT need to submit a new form unless you would like to make changes to your withholdings.
LACERS Retired Members November Update
LACERS THANKSGIVING HOLIDAY HOURS
The Thanksgiving holiday is quickly approaching, and the LACERS 800 phone number will not be in service from November 21 through November 23. Members can still reach LACERS for urgent matters by leaving a voicemail at (800) 779-8328 or by sending an email to lacers.services@lacers.org. LACERS will be closed on November 24 and 25 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!
LACERS Active Members November Update
LACERS THANKSGIVING HOLIDAY HOURS
The Thanksgiving holiday is quickly approaching, and the LACERS 800 phone number will not be in service from November 21 through November 23. Members can still reach LACERS for urgent matters by leaving a voicemail at (800) 779-8328 or by sending an email to lacers.services@lacers.org. LACERS will be closed on November 24 and 25 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!
LACERS Well Calendar of Events
HOLIDAY WELL-BEING WEBINAR FOR RETIRED MEMBERS
Holidays can be challenging for those who have suffered loss or feel alone and without family or social support. This seasonal presentation discusses strategies to combat feelings of sadness or “the blues” during the winter holidays.
This Zoom meeting takes place on November 17 from 10:00 a.m. – 11:30 a.m. and features Dr. Haydeh Fakhrabadi, Psy.D., CPII Clinical Psychologist with the Los Angeles County Department of Mental Health. Reserve your spot now!
You can register for these events via your MyLACERS online portal account or by calling LACERS at (800) 779-8328. Once you have registered, expect Zoom access information to be provided at least one day before your event.
October 2022 Paycheck Flyer
OPEN ENROLLMENT ENDS NOVEMBER 17, 2022
There is still time to make Open Enrollment changes. Open Enrollment is your opportunity to enroll in a health, dental, or vision plan; change your plan; or add dependents with changes taking effect on January 1, 2023. Don’t miss out! The 2023 Open Enrollment period ends November 17, 2022. For more information, view the 2023 Health Benefits Guide at lacers.org/health-benefits-guide or contact LACERS at (800) 779-8328.
LACERS Active Members October Update
APPLYING FOR RETIREMENT ONLINE
The online Retirement Application Portal (RAP) is an efficient and convenient way to apply for retirement. If you will be retiring in the near future, here are key steps to take before accessing the RAP:
- Contact LACERS 90 days prior to your anticipated retirement date to request a retirement benefit estimate.
- Download a Decision Sheet and start to review the decisions you will be making.
- Register for a Retirement Counseling session and a Health Counseling session.
Please visit the Applying for Retirement Online webpage for more information.