June 2024 Paycheck Flyer

Paycheck Flyer
Senior being hugged by a loved one
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.

*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.

CONSIDER LONG-TERM CARE INSURANCE

Long-term care includes a range of services you may need if you should become unable to take care of yourself due to medical, cognitive, or functional issues. Long-term care is not medical care, but rather assistance with the basic personal tasks of everyday life, such as bathing, dressing, eating, and using the restroom. In some cases, moving into a nursing home may be required.

Expenses for long-term care can be financially draining and are not covered under your LACERS benefit plans. Most major insurance companies offer long-term care insurance policies, and purchasing a long-term care insurance policy can preserve savings and assets for your family.When selecting a long-term care insurance provider, be sure to review various options to be sure you get the best plan for your potential needs in the future.

JOIN US FOR LACERS WELL UPCOMING EVENTS

Register for these events through your MyLACERS account or by calling LACERS at (800) 779 – 8328, or email lacerswell@lacers.org.

In-Person Zumba Dance Class at the Friendship Auditorium
​​Tuesday, July 16 from 10:00 a.m. – 12:00 p.m.
3201 Riverside Drive, Los Angeles, CA 90027

Come join LACERS retirees and staff for our first Zumba Summer Dance Class. This event will consist of a fun Zumba exercise/dance lesson with a Zumba instructor, light refreshments, and a mix and mingle. Please wear comfortable shoes and clothing.

In-Person Mom’s Computer Tech Workshop at the California Endowment 
​Thursday, July 25 from 9:00 a.m. – 2:00 p.m. 
​1000 Alameda Street, Los Angeles, CA 90012

Mom’s Computer will host an in-person workshop at The California Endowment. This workshop will teach Members how to navigate the changing technology landscape and offer tips on using computers, smartphones/tablets, the Internet, and more. A light breakfast and lunch will be served. Opportunity drawings will take place during the event. Parking is FREE. Register now!

Virtual Classes/Seminars

  • Aging Well Discussion Group – Medication Management & Education: Wednesday, July 3 at 2:30 p.m.
     
  • Mom’s Computer Technology Class: Wednesday, July 10 at 2:00 p.m.
     
  • Fitness Made Simple – Exercise Class: Wednesday, July 17 at 10:00 a.m.
     
  • Anthem Benefit Webinar Series – Musculoskeletal Care: Wednesday, July 24 at 10:00 a.m. 
     
  • Brain Health Webinar – Caring for those with Alzheimer’s – African American Voices: Wednesday, July 24 at 2:00 p.m.  

Have you missed past LACERS Well events?

Visit the LACERS YouTube channel at youtube.com/@lacersofficial, and be sure to hit the subscribe button to receive alerts of newly posted videos.

 As a covered entity under Title II of the Americans with Disabilities Act, the City of Los Angeles does not discriminate on the basis of disability and, upon request, will provide reasonable accommodations to ensure equal access to its programs, services, and activities. 

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