In the News
June 2024 Paycheck Flyer
LACERS COST OF LIVING ADJUSTMENT EFFECTIVE JULY 1
The LACERS Board of Administration has approved the maximum allowable Cost-of-Living Adjustment (COLA) for eligible LACERS Retired Members and Beneficiaries at 3.0% for Tier 1 and Tier 1 Enhanced Members and 2.0% for Tier 3 Members. Click here to view more information on the COLA increase and the availability of any banked excess. Retirees and Beneficiaries will receive the increase on their July 31st paycheck.
LACERS Retired Members Update for June
LACERS OFFICES CLOSED ON WEDNESDAY, JUNE 19
Upcoming City Holiday: LACERS is closed on Wednesday, June 19, in observance of Juneteenth.
LACERS Active Members Update for June
LACERS OFFICES CLOSED ON WEDNESDAY, JUNE 19
Upcoming City Holiday: LACERS is closed on Wednesday, June 19, in observance of Juneteenth.
LACERS Well Calendar of Events
UPCOMING IN-PERSON EVENTS
5K HIKE-WALK-RUN JUNE 27 AT SILVERLAKE RESERVOIR TRAIL
Sean Foy and LACERS Well are facilitating a 5K Hike-Walk-Run on Thursday, June 27, from 9:30 a.m. to 12:00 p.m. at the Silverlake Reservoir Trail, 1850 W. Silver Lake Dr., Los Angeles, CA.
May 2024 Paycheck Flyer
LACERS APPOINTMENT-BASED SERVICE BEGINS JUNE 3RD
On Monday, June 3, LACERS will begin utilizing an appointment-based system to provide you with the convenience to coordinate getting all your retirement needs addressed on your schedule. There will be two options for appointments: in person, at our headquarters, and virtually, via Zoom. These new options will allow for timely and convenient access to get your questions answered.
LACERS Retired Members Update for May
LACERS APPOINTMENT-BASED SERVICE BEGINS JUNE 3
On Monday, June 3, LACERS will begin utilizing an appointment-based system for all Members who need in-person assistance. There will be two options for appointments: in person, at our headquarters, and virtually, via Zoom. These new options will allow for timely and convenient access to get your questions answered. Click here to make an appointment online or call (800) 779-8328.
Appointments aren’t necessary if you drop off documents Monday – Friday 8:00 a.m. – 4:00 p.m., and don’t need to speak to anyone. Please note that our operating hours have changed.
In-Person and Virtual Appointment Hours
8:00 a.m. – 4:00 p.m., Monday – Friday
Phone Hours
7:00 a.m. – 4:00 p.m., Monday, Wednesday, Thursday, Friday
7:00 a.m. – 3:00 p.m., Tuesday
*Please be advised that pre-entry metal detector screening requirements are in place at LACERS’ headquarters, and a current government-issued photo identification or City employee badge is required except when attending public meetings of the LACERS Board of Administration. Parking is not available at the building. Paid parking lots, public transit, and street parking are available nearby.
LACERS Active Members Update for May
LACERS APPOINTMENT-BASED SERVICE BEGINS JUNE 3
On Monday, June 3, LACERS will begin utilizing an appointment-based system for all Members who need in-person assistance. There will be two options for appointments: in person, at our headquarters, and virtually, via Zoom. These new options will allow for timely and convenient access to get your questions answered. Click here to make an appointment online or call (800) 779-8328.
Appointments aren’t necessary if you drop off documents Monday – Friday 8:00 a.m. – 4:00 p.m., and don’t need to speak to anyone. Please note that our operating hours have changed.
In-Person and Virtual Appointment Hours
8:00 a.m. – 4:00 p.m., Monday – Friday
Phone Hours
7:00 a.m. – 4:00 p.m., Monday, Wednesday, Thursday, Friday
7:00 a.m. – 3:00 p.m., Tuesday
*Please be advised that pre-entry metal detector screening requirements are in place at LACERS’ headquarters, and a current government-issued photo identification or City employee badge is required except when attending public meetings of the LACERS Board of Administration. Parking is not available at the building. Paid parking lots, public transit, and street parking are available nearby.
IMPORTANT: APPOINTMENT-BASED SERVICE BEGINS JUNE 3
APPOINTMENTS REQUIRED BEGINNING JUNE 3
On Monday, June 3, LACERS will begin utilizing an appointment-based system for all Members who need in-person assistance. There will be two options for appointments: in person, at our headquarters, and virtually, via Zoom. These new options will allow for timely and convenient access to get your questions answered. Click here to make an appointment online or call (800) 779-8328.
LACERS Well Calendar of Events
JOIN UPCOMING LACERS WELL EVENTS
Visit our LACERS Well Event webpage for complete webinar details.
COMPUTER TECHNOLOGY WEBINAR
Wednesday, May 8, 2:00 p.m. – 3:30 p.m.
April 2024 Paycheck Flyer
@LACERSOFFICIAL IS THE NEW NAME OF THE LACERS YOUTUBE CHANNEL
New name, but same great source for information about your LACERS benefits and helpful wellness content. The LACERS channel is now verified on YouTube, which means it is officially recognized as a credible source for LACERS content as a recognized public entity. Visit the channel at its new web address: youtube.com/@lacersofficial to subscribe and join over 2,000 other Members who are notified when new content is posted!
LACERS Retired Members Update for April
APRIL 22 IS EARTH DAY
Earth Day reminds us of the importance of environmental conservation and sustainability. Let’s unite to protect the Earth today and for generations to come. Together, we can make a meaningful impact and create a more sustainable world. Get involved by visiting the Earth Day website.
LACERS Active Members Update for April
APRIL 22 IS EARTH DAY
Earth Day reminds us of the importance of environmental conservation and sustainability. Let’s unite to protect the Earth today and for generations to come. Together, we can make a meaningful impact and create a more sustainable world. Get involved by visiting the Earth Day website.
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, April 9, 10:00 a.m. – 11:00 a.m.
Women’s History Month: The Women Who Power LACERS
Watch Our Video Celebrating Women’s History Month
As we mark Women’s History Month this March, let us take a moment to acknowledge and celebrate the invaluable contributions of the Women that power LACERS and beyond.
March 2024 Paycheck Flyer
COST OF LIVING ADJUSTMENT EFFECTIVE JULY 1
The LACERS Board of Administration has approved the maximum allowable Cost-of-Living Adjustment (COLA) for eligible LACERS Retired Members and Beneficiaries at 3.0% for Tier 1 and Tier 1 Enhanced Members and 2.0% for Tier 3 Members. Tier 1 and Tier 1 Enhanced Members are City employees who became LACERS Members on or before February 20, 2016. Tier 3 Members are City employees who became LACERS Members on or after February 21, 2016.
LACERS Active Members Update for March
LACERS OFFICES CLOSED ON MONDAY, MARCH 25
City Holiday: LACERS will be closed on Monday, March 25, 2024, in observance of Cesar Chavez Day.
LACERS Retired Members Update for March
LACERS OFFICES CLOSED ON MONDAY, MARCH 25
City Holiday: LACERS will be closed on Monday, March 25, 2024, in observance of Cesar Chavez Day.
Retired Members Winter 2024 Newsletter is Here!
YOUR YEARLY CHECK-UP AND MORE IN THIS ISSUE.
The Retired Members Winter 2024 Newsletter is now available on the LACERS website! From checking on your benefits with a 2024 yearly check-up to learning the answers to Retired Members’ top 3 frequently asked questions, this newsletter is worthwhile!
Active Members Winter 2024 Newsletter is Here!
YOUR 2024 YEARLY CHECK-UP AND MORE IN THIS ISSUE.
The Active Members Winter 2024 Newsletter is now available on the LACERS website! From checking on your benefits with a 2024 yearly check-up to learning the answers to Active Members’ top 3 frequently asked questions, this newsletter is worthwhile!
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, March 12, 10:00 a.m. – 11:00 a.m.
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 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 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 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.
Nominating Petitions for Employee-Member of Board of Administration Will Be Available at LACERS Office, 977 N. Broadway, for all Active LACERS Members
Are you an Active LACERS Member? Would you like to run for a seat
on the LACERS Board of Administration? If you answered “Yes”
to both questions, you must take the first step and file a
nominating petition.
Beginning Friday, January 19, 2024, nominating petitions for the
Office of Employee-Member of the LACERS Board of Administration
will be available in-person at LACERS Office, 977 N. Broadway,
Los Angeles, CA 90012, during regular office hours of 7:00 a.m.
to 4:00 p.m., Monday to Friday. Candidates may
email lacers.board@lacers.org to set-up an appointment
to pick-up Nominating Petitions. Appointments are not required,
but are recommended.
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!
Preliminary Notification of Election
To: All Active LACERS Members
Are you an Active LACERS Member? Would you like to run for a seat
on the LACERS Board of Administration? If you answered “Yes”
to both questions, you must take the first step and file a
nominating petition.
Beginning Friday, January 19, 2024, nominating petitions for the
Office of Employee-Member of the LACERS Board of Administration
will only be available in-person at the LACERS Office, 977 N.
Broadway, Los Angeles, CA 90012, during regular office hours of
7:00 a.m. to 4:00 p.m., Monday to Friday. Candidates may
email Lacers.Board@lacers.org to pick up and file
Nominating Petitions.
LACERS Offices Closed on Monday, January 15
City Holiday: LACERS is closed on Monday, January 15, 2024, in observance of Martin Luther King Day.
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.
LACERS Office Closed on Friday, January 5, 2024
Our office will be closed on Friday, January 5, 2024. You may still contact us by email or phone and submit forms via Secure Document Upload. Please call or check our website for updates regarding our hours of operation. We apologize for any inconvenience this may cause you.
Questions? Visit our website at LACERS.org, email us at lacers.services@lacers.org, or call us at (800) 779-8328.
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 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!
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!
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.
OPEN ENROLLMENT HAS ENDED
LACERS is no longer accepting applications for health plan changes, the addition of eligible dependents, and new enrollments for the 2024 plan year. Any changes made during the open enrollment period will become effective on January 1, 2024. If you did not make changes to your plans or add dependents, your current LACERS health coverage will continue for the 2024 plan year.
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!
LACERS Offices Closed on Monday, November 13
Mayor Declares Traffic Emergency on 10 Freeway
Due to the Mayor’s declared traffic emergency involving the 10 Freeway, our offices will be closed on Monday, November 13. You may still contact us by email or phone and submit forms via Secure Document Upload. We are planning to reopen our office on Tuesday, November 14. Please call or check our website for updates regarding our hours of operation. We apologize for any inconvenience this may cause you.
COMING SOON TO MYLACERS
A modern new look with modern messaging functionality. The newly added MyLACERS message center allows you to send and receive messages from LACERS staff and automatically saves them in the portal. You can access this and other important LACERS information 24/7 through your account.
Login to your MyLACERS account today to check it out for yourself or click here to preview the update.
Don’t have an account yet? Request a PIN here.
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.
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?
Notice of LACERS’ Office Closure Monday August 21
TROPICAL STORM PROMPTS OFFICE CLOSURE
With news of Hurricane/Tropical Storm Hilary projected to affect the Southern California region into Monday, LACERS’ office will be closed tomorrow, August 21, 2023, to ensure the safety of our Members and staff.
However, we will be available to assist you via our main line at (800) 779-8328 or email at lacers.services@lacers.org. You may also use the Secure Document Upload link to safely upload documents on our website or access your account details via MyLACERS.
We encourage all of our Members to be safe and to register for NotifyLA (https://emergency.lacity.gov/alerts/notifyla) to stay updated on any new developments and extreme weather warnings.
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’ BOARD OFFICERS ELECTED
Congratulations!
Commissioner Annie Chao and Commissioner Sung Won Sohn were elected President and Vice President, respectively, at the July 25, 2023 meeting, to lead the LACERS Board of Administration for the term ending in July 2024. For more information on the new Board officers, please read their biographies here.
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.
LACERS Active 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.
June 2023 Paycheck Flyer
COST OF LIVING ADJUSTMENT EFFECTIVE JULY 1
The LACERS Board of Administration has approved the maximum allowable Cost-of-Living Adjustment (COLA) for eligible LACERS Retired Members and Beneficiaries at 3.0% for Tier 1 and Tier 1 Enhanced Members and 2.0% for Tier 3 Members.
LACERS Active Members Update for June
ANNOUNCEMENT
Upcoming City Holiday: LACERS will be closed on Monday, June 19, 2023, in observance of Juneteenth.
LACERS Retired Members Update for June
ANNOUNCEMENT
Upcoming City Holiday: LACERS will be closed on Monday, June 19, 2023, in observance of Juneteenth.
May 2023 Paycheck Flyer
COST OF LIVING ADJUSTMENT EFFECTIVE JULY 1
The LACERS Board of Administration has approved the maximum allowable Cost-of-Living Adjustment (COLA) for eligible LACERS Retired Members and Beneficiaries at 3.0% for Tier 1 and Tier 1 Enhanced Members and 2.0% for Tier 3 Members.
PUBLIC COMMENT OPEN – DISCRETIONARY COLA
On April 14, 2023, the LACERS Board introduced a request to the City Council to consider a Discretionary Cost-of-Living Adjustment (COLA) for Retired Members and Beneficiaries (Council File # 23-0418) to help combat the high inflation experienced during the most recent fiscal year.
LACERS Active Members Update for May
ANNOUNCEMENT
Upcoming City Holiday: LACERS will be closed on Monday, May 29, 2023, in observance of Memorial Day.
LACERS Retired Members Update for May
ANNOUNCEMENT
Upcoming City Holiday: LACERS will be closed on Monday, May 29, 2023, in observance of Memorial Day.
April 2023 Paycheck Flyer
LACERS IS NOW OPEN AT OUR NEW LOCATION!
We are excited to share that our new location at 977 N. Broadway in Downtown Los Angeles’ Chinatown is now open Monday – Friday, 7:00 a.m. – 4:00 p.m. No appointments are needed. Please check in at our first-floor reception desk upon your arrival for assistance. All online services and virtual assistance remain available.
LACERS Retired Members April Update
GETTING IN-PERSON ASSISTANCE JUST GOT EASIER
Appointments are no longer needed when visiting LACERS at our new location at 977 N. Broadway in Downtown Los Angeles’ Chinatown. We are open Monday – Friday, 7:00 a.m. – 4:00 p.m.*
All online services and virtual counseling remain available for our Members. Please contact LACERS at (800) 779-8328 for assistance.
*Please note a current government-issued photo identification or City employee badge is required to enter our building except when attending public meetings of the LACERS Board of Administration. Also, parking is not available at the building. Paid parking lots, public transit, and street parking are available nearby.
LACERS Active Members April Update
GETTING IN-PERSON ASSISTANCE JUST GOT EASIER
Appointments are no longer needed when visiting LACERS at our new location at 977 N. Broadway in Downtown Los Angeles’ Chinatown. We are open Monday – Friday, 7:00 a.m. – 4:00 p.m.*
All online services and virtual counseling remain available for our Members. Please contact LACERS at (800) 779-8328 for assistance.
*Please note a current government-issued photo identification or City employee badge is required to enter our building except when attending public meetings of the LACERS Board of Administration. Also, parking is not available at the building. Paid parking lots, public transit, and street parking are available nearby.
LACERS WELCOMES YOU BACK!
We are open and able to assist you with your retirement needs in person at our new headquarters! The LACERS Front Desk at 977 N. Broadway operates Monday – Friday, 7:00 a.m. – 4:00 p.m. No appointment is needed.
March 2023 Paycheck Flyer
LACERS REOPENS APRIL 3RD AT ITS NEW HEADQUARTERS
We’ve missed you! LACERS has recently moved to its very own, state-of-the-art building in Chinatown. We are pleased to announce that on April 3, we will once again be able to assist you with your retirement needs in-person as we welcome you to our new headquarters. Visit LACERS.org to learn more about our building located at 977 N. Broadway. We look forward to seeing you soon.
LACERS Retired Members March Update
REOPENING APRIL 3 AT NEW LOCATION
Starting April 3, LACERS Front Desk at our new location on the first floor of 977 N. Broadway in Downtown Los Angeles’ Chinatown will be open Monday – Friday, 7:00 a.m. – 4:00 p.m., for general inquiries and document drop-off. Appointments are also available through our online booking system.
All online services and virtual counseling remain available for our Members.
*Please note a current government-issued photo identification or City employee badge is required to enter our building. Also, parking is NOT available at the building. Paid parking lots, public transit, and street parking are available nearby.
LACERS Active Members March Update
REOPENING APRIL 3 AT NEW LOCATION
Starting April 3, LACERS Front Desk at our new location on the first floor of 977 N. Broadway in Downtown Los Angeles’ Chinatown will be open Monday – Friday, 7:00 a.m. – 4:00 p.m.
All online services and virtual counseling remain available for our Members.
*Please note a current government-issued photo identification or City employee badge is required to enter our building. Also, parking is NOT available at the building. Paid parking lots, public transit, and street parking are available nearby.
Celebrating Women’s History Month
Watch Our Video Honoring Women LACERS Staff Past and Present
Women’s History Month started locally in California as “Women’s History Week.” The Education Task Force of the Sonoma County Commission on the Status of Women planned and executed a “Women’s History Week” celebration in 1978. The organizers selected the week of March 8 to correspond with International Women’s Day. The movement spread nationwide as other communities initiated their Women’s History Week celebrations the following year.
LACERS Reopens Monday, April 3 at New Location
LACERS’ MOVE TO 977 N. BROADWAY IS NEARLY COMPLETE
LACERS reopens Monday, April 3rd, at our new location, 977 N. Broadway in Downtown Los Angeles’ Chinatown. We will be open M-F 7:00 a.m. – 4:00 p.m.
ANNOUNCEMENT: LACERS IS OPENING ON APRIL 3
WE LOOK FORWARD TO SERVING YOU AT OUR NEW HEADQUARTERS!
We are happy to announce that on April 3rd, LACERS will be open for Member Services at our new building located at 977 N. Broadway in Downtown Los Angeles’ Chinatown.
Our Front Desk will be open Monday-Friday 7:00 a.m. - 4:00 p.m. for general inquiries and document drop-off. Appointments are also available through our online booking system.
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 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.
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.
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 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 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 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.
Retired Members Winter 2022 Newsletter is Here!
View our latest newsletter here. This edition begins with an important message from LACERS Board President Nilza Serrano. From there, you’ll discover tips for using technology safely, learn why having a Power of Attorney in place is essential, and much more. Please email lacers.me@lacers.org with any questions regarding the information shared in this newsletter.
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
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 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 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!
Hate Will Never Win in our City of Angels
A Message from Mayor Garcetti
Our community is in pain. Bigoted, hateful words and actions directed against Black, Jewish, LGBTQ and indigenous Angelenos have left us hurt, heartbroken.
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.
LACERS Retired Members October Update
2023 OPEN ENROLLMENT IS HERE
Be on the lookout over the next few days for mailings pertaining to Open Enrollment. Open Enrollment packets include an Open Enrollment Health Plan statement and an Open Enrollment overview. Members 65 and over will receive a copy of the 2023 Health Benefits Guide and Members under 65 will receive instructions on accessing the 2023 Health Benefits Guide online. The Open Enrollment Health Plan statement is a snapshot of your coverage in LACERS’ system as of August 31, 2022.
Open Enrollment is your opportunity to enroll in a plan, change your plan or add dependents. The 2023 Open Enrollment period ends Thursday, November 17, 2022.
LACERS Well Calendar of Events
EXPLORE YOUR OPTIONS – REGISTER NOW FOR OPEN ENROLLMENT
Meetings will be held online using Zoom video conference, or you may dial in by phone to hear the online Zoom presentation.
All virtual meetings begin at 10:00 a.m. on the following dates:
• Kaiser Permanente – October 18
• Anthem Blue Cross and Blue View Vision – October 20
• SCAN Health Plan, UnitedHealthcare, and Delta Dental – October 25
You can register for these meetings via your MyLACERS online portal account or by calling LACERS at (800) 779-8328. Once you have successfully registered, expect Zoom access information to be provided at least 1 day prior to your event.
Members unable to attend these sessions can visit the official LACERS YouTube channel and view a recorded version later.
Hot off the Press: Summer 2022 LACERS Well Newsletter is Here!
The Summer 2022 edition of the LACERS Well newsletter is ready to view here on the LACERS website! This edition features an article from new LACERS Health Benefits Director, Karen Freire.
September 2022 Paycheck Flyer
2023 OPEN ENROLLMENT IS COMING
This year LACERS Health Benefits’ Open Enrollment period will be held from October 17 – November 17, 2022, with Open Enrollment packets being mailed in early October. Open Enrollment will be your opportunity to enroll in a plan, change your plan or add dependents with changes taking effect on January 1, 2023.
LACERS Active Members September Update
LEARN ABOUT RETIREE MEDICAL, DENTAL, AND VISION BENEFITS OFFERED BY LACERS
Do you know what medical, dental, and vision plans are offered for LACERS upon retirement? Do you know when and how to enroll? Are you aware of how much these options cost? These details and more will be explained to help you understand your health benefits in retirement during LACERS’ Medical, Dental, and Vision Informational Session taking place on Thursday, September 29, at 10:00 a.m.
You can register online through your MyLACERS account or by calling LACERS at (800) 779-8328, RTT (888) 349-3996. Once you have successfully registered, expect Zoom access information to be provided at least 1 day prior to your event.
Interested in what other events LACERS has to offer? Check out our calendar.
LACERS Retired Members September Update
2023 OPEN ENROLLMENT IS COMING
This year LACERS Health Benefits’ Open Enrollment period will be held from October 17 – November 17, 2022, with Open Enrollment packets being mailed in early October. Open Enrollment will be your opportunity to enroll in a plan, change your plan or add dependents with changes taking effect on January 1, 2023.
Members 65 and over will receive a full packet with an Open Enrollment statement, an Open Enrollment overview, and a copy of the 2023 Health Benefits Guide. Members under 65 will receive an Open Enrollment statement, overview, and instructions on accessing the 2023 Health Benefits Guide online.
If you desire a physical copy of the Health Benefits Guide after receiving your packet, you may email lacers.health@lacers.org with the subject line “Requesting 2023 Open Enrollment Health Benefits Guide,” include your name and mailing address in the body, and one will be mailed to you.
LACERS Well Calendar of Events
CONNECT WITH OTHERS AT UPCOMING EVENTS!
FITNESS MADE SIMPLE
Why just talk or dream about exercise when we can “Make Fitness Simple?” Join Coach Sean Foy for monthly classes throughout 2022, with the next session being on September 21 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’ Member Service 800 Phone Number Experiencing Technical Difficulties
Thank you for your patience. We are currently experiencing technical difficulties with LACERS’ Member Service 800 phone number and are working on a resolution. Members can still reach LACERS for urgent matters by email at lacers.services@lacers.org. Thank you again for your patience.
August 2022 Paycheck Flyer
OPEN ENROLLMENT IS COMING
This year LACERS Health Benefits’ Open Enrollment period will be held October 17 – November 17, with Open Enrollment packets being mailed in early October. This will be your opportunity to enroll in a plan, change your plan, or add dependents with changes taking effect January 1, 2023.
LACERS Retired Members August Update
LACERS BOARD OF ADMINISTRATION OFFICER ELECTIONS
Commissioner Nilza Serrano and Commissioner Elizabeth Lee were elected President and Vice President, respectively, at the August 9, 2022 meeting, to lead the LACERS Board of Administration for the term ending in July 2023. For more information on the new Board officers, please read their biographies here.
LACERS Active Members August Update
LACERS BOARD OF ADMINISTRATION OFFICER ELECTIONS
Commissioner Nilza Serrano and Commissioner Elizabeth Lee were elected President and Vice President, respectively, at the August 9, 2022 meeting, to lead the LACERS Board of Administration for the term ending in July 2023. For more information on the new Board officers, please read their biographies here.
LACERS Welcomes Two New Commissioners
Welcome Commissioners!
LACERS would like to welcome two new Commissioners to our Board of Administration: Janna Sidley and Thuy Huynh. Ms. Sidley and Ms. Huynh were confirmed and sworn in on Friday, August 5, 2022. They attended their first LACERS Board and Committee meetings on Tuesday, August 9, 2022. Join us in welcoming them to the LACERS Board!
Commissioner Janna Sidley
LACERS’ BOARD OFFICERS ELECTED
Congratulations!
Commissioner Nilza Serrano and Commissioner Elizabeth Lee were elected President and Vice President, respectively, at the August 9, 2022 meeting, to lead the LACERS Board of Administration for the term ending in July 2023. For more information on the new Board officers, please read their biographies here.
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 Management Audit – Public Release
As required under City Charter Section 1112, the Los Angeles City Controller, the Office of the Mayor and the Los Angeles City Council regularly engage with independent qualified management auditors to perform management audits of the Los Angeles City Employees’ Retirement System. These audits examine whether LACERS is operating in the most efficient and economical manner and evaluate the allocation of its investments.
July 2022 Paycheck Flyer
2022 COST OF LIVING ADJUSTMENT EFFECTIVE JULY 1
Each year the LACERS Board of Administration considers a Cost of Living Adjustment (COLA) for eligible LACERS Retired Members and Beneficiaries. The COLA is a reflection of the Consumer Price Index (CPI) for the Los Angeles Area, which has been determined to be 3.8% for 2022.
LACERS Active Members July Update
LACERS TURNS 85
In 1937, the Los Angeles City Charter established the Los Angeles City Employees’ Retirement System (LACERS) as a retirement trust fund for the purpose of providing the civilian employees of the City of Los Angeles, a defined benefit retirement plan inclusive of service retirements, disability retirements, and survivor benefits.
As we celebrate 85 years in existence, we are proud that service to our Members remains first and foremost. We also remain committed to our mission of establishing trusting and lifelong relationships with all of our Members.
WE NEED YOUR FEEDBACK: TAKE THE LACERS FAMILY DEATH BENEFIT PLAN SURVEY
LACERS would like to learn more about our Members’ knowledge of the Family Death Benefit Plan (FDBP). Click here to take a brief survey. Your participation is appreciated!
LACERS Retired Members July Update
LACERS TURNS 85
In 1937, the Los Angeles City Charter established the Los Angeles City Employees’ Retirement System (LACERS) as a retirement trust fund for the purpose of providing the civilian employees of the City of Los Angeles, a defined benefit retirement plan inclusive of service retirements, disability retirements, and survivor benefits.
As we celebrate 85 years in existence, we are proud that service to our Members remains first and foremost. We also remain committed to our mission of establishing trusting and lifelong relationships with all of our Members.
2022 COST OF LIVING ADJUSTMENT EFFECTIVE JULY 1
The LACERS Board of Administration approved the maximum allowable Cost of Living Adjustment (COLA) for eligible LACERS Retired Members and Beneficiaries effective July 1. For Tier 1 and Tier 1 Enhanced Members the COLA increase is 3.0%, with 2.0% for Tier 3 Members. For Tier 1 and Tier 1 Enhanced Members, the COLAs in excess of 3% will be banked for use during future years.
The COLA is a reflection of the Consumer Price Index (CPI) for the Los Angeles Area, which has been determined to be 3.8% for 2022. Find more information on the COLA webpage today.
Family Death Benefit Plan Rate Decrease
Attention Family Death Benefit Plan (FDBP) participants: the monthly rate for the FDBP will decrease from $2.40 per month to $1.90 per month, effective July 1, 2022. Not a participant of the FDBP program yet? Click here to find out more information about the program to see if it is right for you.
Beat the Heat
Staying Safe in High Heat is Important
Summer months bring fun, sun, and heat! Sometimes, the heat can become dangerous, especially for children, pets, people who work outside, and people with certain health conditions. Staying safe in high heat is important. Follow these simple tips to stay cool:
LACERS Well Calendar of Events
Join us for Upcoming LACERS Well Events!
CONNECT WITH OTHERS
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 July 20 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.
June 2022 Paycheck Flyer
JOIN LACERS WELL AT THESE UPCOMING JULY VIRTUAL EVENTS
Register for these virtual events through your MyLACERS account or by calling LACERS at (800) 779-8328. If you need assistance, send an email to LacersWell@lacers.org.
- Mom’s Computer Technology Class
Mom’s Computer will be hosting the next monthly Technology class on Wednesday, July 13 at 3:00 p.m. These classes help Members navigate the changing technology landscape and offer tips on using computers, smart phones/tablets, the Internet, and more. Zoom information will be provided to all registered individuals one day prior to the class.
Active Members Spring 2022 Newsletter is Here!
The Active Members Spring 2022 newsletter is now available here on the LACERS website! In its pages you’ll find updates from LACERS’ General Manager and Board of Administration President, interesting information about cryptocurrency, exciting day and weekend trip ideas, and more.
LACERS Active Members June Update
FAMILY DEATH BENEFIT PLAN RATE DECREASE
Beginning on July 1, 2022, the Family Death Benefit Plan (FDBP) premium will be reduced from $2.40 per month to $1.90 per month ($0.95 per pay period). To learn more about the plan, visit the Family Death Benefit Plan webpage.
LACERS Retired Members June Update
ANNOUNCEMENTS
Upcoming City Holidays: Mayor Eric Garcetti recently proclaimed Juneteenth an official City holiday. This year, LACERS will be closed on Monday, June 20, 2022 in observance of Juneteenth. LACERS will also be closed on Monday, July 4, 2022 in observance of Independence Day. LACERS office hours are Monday through Friday 7:00 a.m. to 3:45 p.m. and Tuesday 7:00 a.m. to 3:00 p.m. To experience the lowest call wait time, contact LACERS Tuesday through Thursday between the hours of 7:00 a.m. and 9:00 a.m.
Mayor Proclaims Juneteenth an Official City Holiday
In observance, LACERS to be closed on June 20th
Mayor Eric Garcetti has proclaimed Juneteenth an official City holiday. This year, LACERS will be closed on Monday, June 20, 2022 in observance of Juneteenth. Please plan accordingly if you need to contact LACERS staff for assistance. Although LACERS will be closed, Members can always access our website, the LACERS FAQs webpage, and the LACERS YouTube channel for helpful information. Regular operations will resume on Tuesday, June 21.
A Special Thank You to Cynthia Ruiz
LACERS would like to congratulate Cynthia Ruiz on her new appointment to the Department of Water and Power’s Board of Administration. As Cynthia leaves her role as the President of the LACERS Board of Administration to pursue this new role, we would like to sincerely thank her for her commitment and dedication to our organization. She has been a great asset to our department and its Members during her 6+ years as a LACERS Board Member and just over 4 years as President.
Retired Members Spring 2022 Newsletter is Here!
The Retired Members Spring 2022 newsletter is now available here on the LACERS website! In its pages you’ll find updates from LACERS’ General Manager and Board of Administration President, cybersecurity best practices, exciting day and weekend trip ideas, and more.
LACERS Well Calendar of Events
Join us for Upcoming LACERS Well Events!
CONNECT WITH OTHERS
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 June 15 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.
Investments Update
LACERS supports shareholder Proposal Seven on the Meta Platforms, Inc. proxy voting ballot
LACERS, a $22 billion public pension plan serving the civilian employees of the City of Los Angeles, supports shareholder Proposal Seven on the Meta Platforms, Inc. proxy voting ballot, which will be voted on at the Annual Meeting of Shareholders on May 25, 2022. Proposal Seven requests that Meta disclose its risks based on company business practices that “…prioritize internal financial return over healthy social and environmental systems” and address how such risks negatively impact its returns to shareholders. (2022 Meta Proxy Statement)
LACERS Retired Members May Update
ANNOUNCEMENTS
Upcoming City Holiday: LACERS will be closed on Monday, May 30, 2022 in observance of Memorial Day. LACERS office hours are Monday through Friday 7:00 a.m. to 3:45 p.m. and Tuesday 7:00 a.m. to 3:00 p.m. To experience the lowest call wait time, contact LACERS Tuesday through Thursday between the hours of 7:00 a.m. and 9:00 a.m.
May 2022 Paycheck Flyer
COST OF LIVING ADJUSTMENT FOR 2022
Each year the LACERS Board of Administration determines a Cost of Living Adjustment (COLA) for eligible LACERS Retired Members and Beneficiaries. The COLA is a reflection of the Consumer Price Index (CPI) for the Los Angeles Area, which has been determined to be 3.8% for 2022.
LACERS Well Calendar of Events
Join us for Upcoming LACERS Well Events!
CONNECT WITH OTHERS
KAISER WELL-BEING WEBINARS
Give yourself a healthy boost and register for the well-being series on healthy eating hosted by Kaiser Permanente! The next sessions will take place on May 12 and May 17 at 10:00 a.m. You are not required to be a Kaiser member to attend. Learn more on the Kaiser Well-being Webinars page.
LACERS Retired Members April Update
ANNOUNCEMENTS
In-Person Appointments – What You Need to Know: LACERS is pleased to offer in-person appointments once again. Please note that these appointments are limited to 15 minutes, Tuesdays and Wednesdays, from 9:00 a.m. to 1:30 p.m. For more information, and to learn how you can book an appointment, visit the In-person Appointments webpage.
Have You Signed Up for the Family Death Benefit Plan?
The Family Death Benefit Plan (FDBP) is a voluntary program that provides a monthly financial benefit that may give your family increased financial protection should you pass away before retiring. An employee becomes eligible for membership in the FDBP after 18 months of City Service. The cost is only $0.95 per pay period.
LACERS Well Calendar of Events
Join us for Upcoming LACERS Well Events!
CONNECT WITH OTHERS
COUNTY OF L.A. WELL-BEING WEBINARS
Join us for the County of LA Well-being Webinar 3-Part Series, taking place on April 14, 21, and 28 at 10:00 a.m. These webinars will focus on life transitions, and offer tips on how you can effectively navigate these transitions for the best quality retirement possible.
LACERS Retired Members March Update
ANNOUNCEMENTS
2022 Anthem Medicare Preferred (PPO) Plan Information: There is exciting news for LACERS Members under the 2022 Anthem Medicare Preferred (PPO) Plan! Members can access information about their benefits, as well as access the Personalized Member Account with Anthem Preferred PPO. Visit their website, and learn more here.
Upcoming City Holiday: LACERS will be closed on Monday, March 28, 2022 in observance of Cesar Chavez Day. LACERS office hours are Monday through Friday 7:00 a.m. to 3:45 p.m. and Tuesday 7:00 a.m. to 3:00 p.m. To experience the lowest call wait time, contact LACERS Tuesday through Thursday between the hours of 7:00 a.m. and 9:00 a.m.
LACERS Active Members March Update
JOIN US! DISABILITY RETIREMENT UNIT INFO SESSION COMING SOON
Prepare for the unexpected – learn about LACERS’ disability retirement benefits with the Getting to Know Disability Retirement Quiz! After you take the quiz, register to join LACERS’ Disability Retirement Unit for an informational session on March 31 at 11:00 a.m. Topics discussed will pertain to LACERS Tier 1 and Tier 3 Members. Register via MyLACERS today.
Recognizing LACERS’ Women Commissioners in Honor of International Women’s Day
In honor of International Women’s Day, LACERS recognizes the important contributions made by our commissioners. These women have provided guidance and leadership over the decades, ensuring the strength of the pension plan and the outstanding delivery of benefits to all LACERS members. They are listed here to serve as an inspiration for others.
LACERS Well Calendar of Events
Join us for Upcoming LACERS Well Events!
CONNECT WITH OTHERS
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 March 16 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 Retired Members February Update
ANNOUNCEMENTS
Stay Safe With Cybersecurity Best Practices: At LACERS, we routinely review and enhance the security of our information technology infrastructure to safeguard against unauthorized access. Learn how to strengthen your web practices by visiting LACERS’ new Cybersecurity Best Practices webpage and watching videos in the Cybersecurity Videos playlist on our YouTube channel.
LACERS Active Members February Update
STAY SAFE WITH CYBERSECURITY BEST PRACTICES
At LACERS, we routinely review and enhance the security of our information technology infrastructure to safeguard against unauthorized access. Learn how to strengthen your web practices by visiting LACERS’ new Cybersecurity Best Practices webpage and watching videos in the Cybersecurity Videos playlist on our YouTube channel.
Ready, Set, Go!
Review LACERS' Active Members Check-Up List for 2022
There’s no time like the present to review and update your information with LACERS! As we begin 2022, there are some important items you can review to ensure you are on the right track with LACERS. Watch the 2022 LACERS Active Member Check-Up video, and then select a topic below to learn more about items you should review as a LACERS Member.
Ready, Set, Go!
Review LACERS' Retired Members Check-Up List for 2022
There’s no time like the present to review and update your information with LACERS! As we begin 2022, there are some important items you can review to ensure you are on the right track with LACERS. Watch the 2022 LACERS Retired Member Check-Up video, and then select a topic below to learn more about items you should review as a LACERS Member.
LACERS Well Calendar of Events
Join us for Upcoming LACERS Well Events!
CONNECT WITH OTHERS
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 February 16 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.
February 2022 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 have withholding apply. If a completed form is not on file with our office, your withholding will be calculated as if you are a Married Individual with Three Withholding Allowances.
Cybersecurity Best Practices
LACERS Cares About the Security of Our Members
We routinely review and enhance the security of our information technology infrastructure to safeguard against unauthorized access. Additionally, we regularly review and refine our privacy policies so that all Member information received and processed by our staff is kept secure at all times.
Hot off the Press: Winter 2022 LACERS Well Newsletter is Here!
The Winter 2022 edition of the LACERS Well newsletter is ready to view here on the LACERS website! In its pages you’ll find a farewell message from Health Benefits Director Alex Rabrenovich, a profile on LACERS Well Champion Ben Gaetos, useful information about the virtual “Fitness Made Simple” training program, and more!
LACERS Retired Members January Update
Happy New Year Members! Please take a moment to review our January Retired Member Update!
ANNOUNCEMENTS
1099-R Form – What You Need to Know: LACERS is in the process of mailing 1099-R tax documents to retirees and beneficiaries for the 2021 tax year and will complete this process by February 1. Don’t want to wait for the mail? Save time by viewing and printing your 1099-R via your MyLACERS online account now. To learn more, click here.
LACERS Active Members January Update
Happy New Year Members! Please take a moment to review our January Active Member Update!
WE NEED YOUR FEEDBACK: TAKE THE LACERS FAMILY DEATH BENEFIT PLAN SURVEY
LACERS would like to learn more about our Members’ knowledge of the Family Death Benefit Plan (FDBP). Click here to take a brief survey. Your participation is appreciated!
January 2022 Paycheck Flyer
LACERS 1099-R Forms
LACERS is in the process of mailing 1099-R tax documents to retirees and beneficiaries for the 2021 tax year and will complete this process by February 1st. Please note that 1099-Rs are only sent to the address on file with LACERS. Therefore, if you have recently moved or changed your address, update it with LACERS as soon as possible by submitting a ‘Change of Address’ form that is accessible at LACERS.org/forms.
LACERS Well Calendar of Events
Join us for Upcoming LACERS Well Events!
CONNECT WITH OTHERS
BRAIN HEALTH CLASS
Alzheimer’s Los Angeles (ALZLA) will be hosting monthly Brain Health classes via Zoom. The first class will be held on January 26 at 2:00 p.m. ALZLA mission is to improve the lives of local families affected by Alzheimer’s and dementia by increasing awareness, delivering effective programs and services, providing compassionate support, and advocating for quality care and a cure. Don’t miss these informative monthly virtual classes. Learn more here!
When and How to Cancel the Family Death Benefit Plan (FDBP)
As LACERS Members near retirement, one voluntary program they should consider cancelling is the Family Death Benefit Plan (FDBP). Often times, employees elect to participate in the FDBP plan early in their City career due to having a young family, dependent parent and/or not qualifying for other survivorship benefits due to an insufficient amount of service credit. As Members move further along in their career, these criteria may not exist and cancelling the FDBP should be considered.
2021 Popular Annual Financial Report Now Available
LACERS’ 2021 Popular Annual Financial Report (PAFR) is now available to view. Members can learn about the current state of the LACERS retirement fund and more in the interactive version of the PAFR, available here.
LACERS Retired Members December Update
‘Tis the Season to Reduce Stress: One effective way to reduce stress this holiday season is by displaying kindness. Kindness has been shown to increase self-esteem, empathy and improve mood. If your holiday season feels stressful, try a random act of kindness such as leaving a kind note for a neighbor or a snack for your mail person. Other ideas include calling a family member or making concrete plans with someone you haven’t seen in a while.
It doesn’t have to be something big and extravagant. Kindness can be contagious and help reduce stress levels for yourself and everyone around you. Happy Holidays!
ANNOUNCEMENTS
Active Members Fall 2021 Newsletter is Here!
The Active Members Fall 2021 newsletter is now available here on the LACERS website! In its pages you’ll find updates from LACERS’ General Manager and Board of Administration President, retirement application tips, a LACERS Legal Processing Unit spotlight, and more.
Retired Members Fall 2021 Newsletter is Here!
The Retired Members Fall 2021 newsletter is now available here on the LACERS website! In its pages you’ll find updates from LACERS’ General Manager and Board of Administration President, financial stress reduction tips, ways to embrace electronic communication, and more.
LACERS Active Members December Update
‘TIS THE SEASON TO REDUCE STRESS
One effective way to reduce stress this holiday season is by displaying kindness. Kindness has been shown to increase self-esteem, empathy and improve mood. If your holiday season feels stressful, try a random act of kindness such as leaving a kind note for a neighbor or a snack for your mail person. Other ideas include calling a family member or making concrete plans with someone you haven’t seen in a while.
It doesn’t have to be something big and extravagant. Kindness can be contagious and help reduce stress levels for yourself and everyone around you. Happy Holidays!
December 2021 Paycheck Flyer
MEDICARE PART B DEDUCTIBLE FOR 2022
For 2022, the Medicare Part B annual deductible will be $233.00 for Members and dependents enrolled in the LACERS Anthem Blue Cross PPO plan (with only Medicare Part B). This deductible is the amount of money you have to pay before your insurance starts covering the costs for your healthcare expenses.
WHAT COUNTS TOWARDS THE MEDICARE PART B DEDUCTIBLE?
Medical services and supplies count towards the Medicare Part B deductible.
LACERS Well Calendar of Events
Join us for Upcoming LACERS Well Events!
CONNECT WITH OTHERS
FITNESS MADE SIMPLE
Why just talk or dream about exercise when we can “Make Fitness Simple?” Join Coach Sean Foy during monthly classes in 2022 where 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! Reserve your spot now! Learn more here.
LACERS Active Members November Update
RETIREMENT APPLICATION PORTAL DEMO
Take time to learn about LACERS’ exciting new Retirement Application Portal (RAP)! Click here for details, or sign up for the upcoming RAP Demonstration webinar on Wednesday, December 15 at 12:00 p.m. via MyLACERS. Can’t make it to the webinar? Watch a recording of a prior RAP Demonstration on the LACERS YouTube channel here.
LACERS Retired Members November Update
ANNOUNCEMENTS
Open Enrollment Comes to a Close: LACERS’ Open Enrollment period ended on November 15, and health and dental plan changes can no longer be made for the 2022 calendar year. Plan changes will take effect on January 1, 2022. Unless you have a qualifying event, the next opportunity to make changes to your LACERS health plan will be next year during the Open Enrollment period for 2023.
For more information about qualifying events, review your 2022 Health Benefits Guide (page 5) here, contact LACERS at (800) 779-8328 / RTT (888) 349-3996, or email lacers.health@lacers.org. Your 2022 plan premiums will be reflected beginning with your December 31, 2021, monthly allowance statement.
November 2021 Paycheck Flyer
LACERS OPEN ENROLLMENT PLAN CHANGES TAKE EFFECT JANUARY 1, 2022
LACERS’ Open Enrollment period ended November 15 and health and dental plan changes can no longer be made for the 2022 calendar year. Unless you have a qualifying event, the next opportunity to make changes to your LACERS health plan will be next year during the Open Enrollment period for 2023.
Open Enrollment Meeting Recordings Now Available
The end of this year’s Open Enrollment period is fast approaching. Make any health benefit selection changes you have for 2022 by November 15!
LACERS Well Calendar of Events
Join us for Upcoming LACERS Well Events!
CONNECT WITH OTHERS
HOLIDAY WELLNESS WORKSHOP
Wednesday, November 17, 2021 at 10:00 a.m.
The Holiday Wellness Workshop: Understanding Holiday Blues will be held via Zoom and will feature Dr. Haydeh Fakhrabadi, Psy.D., CPII Clinical Psychologist with the Los Angeles County Department of Mental Health. Learn more here.
LACERS Active Members October Update
LACERS Retired Members October Update
ANNOUNCEMENTS
Open Enrollment is Here!: Be on the lookout over the next few days for mailings pertaining to Open Enrollment. Take time to access Open Enrollment virtual meeting dates for each health carrier and other important information on the Open Enrollment webpage here.
Applying for Retirement Online
Submit Your Application 60 days Before Your Retirement Date
Members are encouraged to submit their retirement application 60 days before their retirement date when using LACERS’ new Retirement Application Portal (RAP). The RAP is a great asset to LACERS Members that helps to streamline the retirement process. While the filing period is within 30 to 60 days of your retirement date, starting your application early and submitting it on the first day you can at the 60-day-prior mark, will allow for a couple benefits.
Coming soon: Enhanced Email Security
Protecting your personal information is as important to LACERS as it is to you. With this in mind, on November 1, 2021, LACERS will launch a new email communication platform that provides added safeguards when corresponding with our Members. The new platform meets industry standards for protecting personal identifiable information content by encrypting email attachments you receive from LACERS. Members who receive email attachments with confidential information will receive them in a two-step process.
Retiree October 2021 Paycheck Flyer
There’s Still Time: Attend a 2022 Open Enrollment Virtual Meeting
Open Enrollment will end on November 15. Don’t miss your chance to attend any of the remaining virtual Open Enrollment meetings available for you to learn about changes for 2022 and your health plan options. The virtual meetings are health carrier specific and will be held on the following dates at 10:00 a.m.:
Open Enrollment Ended November 15
Open Enrollment took place from October 15 to November 15, 2021.
Retired Members under age 65 received an Open Enrollment statement, the Open Enrollment Overview and instructions on how to access the 2022 Health Benefits Guide online. Retired Members age 65 and over received a printed copy of the 2022 Health Benefits Guide in their packet.
LACERS Well Calendar of Events
Join us for Upcoming LACERS Well Events!
CONNECT WITH OTHERS
HOLIDAY WELLNESS WORKSHOP
Wednesday, November 17, 2021 at 10:00 a.m.
The Holiday Wellness Workshop: Understanding Holiday Blues will be held via Zoom and will feature Dr. Haydeh Fakhrabadi, Psy.D., CPII Clinical Psychologist with the Los Angeles County Department of Mental Health. Learn more here.
LACERS Active Members September Update
SECURE DOCUMENT UPLOAD NOW AVAILABLE
Members can now access the “Secure Upload” page on the LACERS website. We are excited to offer this safe and convenient way for Members to submit documents! Visit the page here.
LACERS Retired Members September Update
ANNOUNCEMENTS
Secure Document Upload Now Available: Members can now access the “Secure Upload” page on the LACERS website. We are excited to offer this safe and convenient way for Members to submit documents! Visit the page here.
Retiree September 2021 Paycheck Flyer
Save the Date: 2022 Open Enrollment Virtual Meetings
LACERS has planned several virtual meetings to share updates regarding your health plans and health benefits for 2022, and to answer your questions so you can make the best healthcare decisions for you and your family.
Newest LACERS Well Newsletter is Here!
Summer 2021 Edition Now Available
The Summer 2021 edition of the LACERS Well newsletter is ready to view here on the LACERS website! In its pages you’ll find messages from LACERS’ General Manager and LACERS’ Wellness Program Manager, tips regarding health benefits, Open Enrollment information, and more. Be on the lookout for printed versions that were mailed out recently as well.
LACERS Well Calendar of Events
Join us for Upcoming LACERS Well Events!
CONNECT WITH OTHERS
ESTATE PLANNING WEBINAR
Wednesday, September 8, 2021 at 9:00 a.m.
Tune in to this Estate Planning Webinar to learn about caregiving & living arrangements, grief and loss, wills, and more. Additional information is available here.
L.A. Business Journal Recognizes LACERS Well Program
LACERS is honored to have our LACERS Well program recognized by the Los Angeles Business Journal as a finalist for their 2021 Health Care Awards in the Outstanding Community Outreach Program category.
The Journal’s annual Health Care Awards recognize individuals, organizations, and programs that do exceptional work for their members.
LACERS Active Members August Update
LACERS BOARD OF ADMINISTRATION OFFICER ELECTIONS
President Cynthia M. Ruiz was re-elected as LACERS Board President and Commissioner Sung Won Sohn was re-elected as LACERS Board Vice President for the term of July 1, 2021 through June 30, 2022.
LACERS Retired Members August Update
ANNOUNCEMENTS
LACERS Board of Administration Officer Elections: President Cynthia M. Ruiz was re-elected as LACERS Board President and Commissioner Sung Won Sohn was re-elected as LACERS Board Vice President for the term of July 1, 2021 through June 30, 2022.