All LACERS Members participating in our retiree health care plans at the age of 65 (or sooner if eligible for Medicare Insurance due to being disabled or having specific medical conditions) are impacted by LACERS Medicare requirements, including paying for Part B premiums and, for some, the Federal required surcharges known as Income-Related Monthly Adjusted Amounts (“IRMAA”).
We’ve heard from our Membership regarding the impacts of IRMAA.
In 2023, LACERS offered its Members informational Medicare presentations and researched the impacts of IRMAAs and the cost to the City for any potential benefit changes. LACERS provided a report to the Mayor and City Council.
View LACERS Board meeting agendas and minutes below regarding the consideration of IRMAA reimbursements.
August 23, 2022 – IRMAA and Medicare Part B Reimbursement Consideration
June 13, 2023 – Presentation of the Cost of Medicare Part B Premium and IRMAA Reimbursement
On February 2, 2024, the Executive Employee Relations Committee received and filed LACERS’ report, taking no further action.
LACERS’ outreach continues to aim to educate Members about how the City benefit, LACERS, and Federal requirements work. To learn more, visit our Frequently Asked Questions section for more information on IRMAAs.
ZOOM AND IN-PERSON MEETINGS
In case you missed the IRMAA seminars, here is everything we covered:
Recorded Presentation
Presentation Slides
Questions and Answers from the IRMAA Virtual Presentation
VIDEOS, FAQs, AND OTHER RESOURCES
Watch the Video – Cost of Medicare Part B Premium Reimbursement and IRMAA
Watch the Video – IRMAA Topical Session
Watch the Video – Medicare Requirements and LACERS Well Overview
Read the Part B Premium Reimbursement - Income Related Monthly Adjusted Amount (IRMAA) Study
Social Security Administration (SSA)
(800) 772-1213 | (800) 325-0778 TTY
Centers for Medicare & Medicaid Services (CMS)
(800) 633-4227 | (877) 486-2048 TTY
medicare.gov
The Center for Healthcare Rights
(800) 824-0780
healthcarerights.org
Other Helpful Websites:
CMS.gov
HealthCare.gov
Medicaid.gov
Visit our Frequently Asked Questions page for more information.
*ADA Statement: Sign Language Interpreters, Communications Access Real-Time Transcription, Assisted Listening Devices, or other auxiliary aids and services may be provided upon request. To ensure availability, you are advised to make your request at least 72 hours before the meeting you wish to attend. Due to difficulties securing Sign Language Interpreters, notice is strongly recommended for five or more business days. For additional information, please contact (800) 779-8328 or RTT (888) 349-3996.