March 2025 Paycheck Flyer

Paycheck Flyer
Woman relaxing and smiling on hammock, Summer garden with hanging hammock for relaxation on long weekend holiday.
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.

The COLA is based on the Consumer Price Index (CPI) for the Los Angeles area, which has been determined to be 3.3% for 2025. The maximum COLA is set by the City of Los Angeles Administrative Code at 3.0% for Tier 1 and Tier 1 Enhanced Members and is set at 2.0% for Tier 3 Members. Tier 1 Retirees who have been retired for a full year or more will receive a 3.0% increase. The remaining .3% will be banked and applied in the future when the COLA is less than 3.0%. According to LAAC § 4.1080.17, the Tier 3 COLA benefit is capped at 2.0%, and there is no banked benefit.

All Tier 1 and Tier 1 Enhanced Members who retired after July 1, 2024, will receive a COLA of 1/12th of the 3.0% for each full month of retirement completed by June 30, 2025. Similarly, all Tier 3 Members who retired after July 1, 2024, will receive a COLA of 1/12th of the 2.0% for each full month completed by June 30, 2025. The COLA will be included in all eligible Retired Members’ and Beneficiaries’ July 31, 2025, check or direct deposit.

NEED PROOF OF YOUR LACERS PENSION? REQUEST A BENEFIT VERIFICATION LETTER

Need proof of your pension? You may request a benefit verification letter (also known as an “Award Letter”) and submit it via secure document upload, fax, mail, or by contacting LACERS.

The Award Letter will be printed on LACERS’ letterhead and will include the Member’s name, address, retirement date, and the gross monthly allowance amount. The processing time is up to three business days from the date LACERS receives the request.

2025 LACERS PAYMENT SCHEDULE

Click here to view the 2025 LACERS Payment Schedule.

JOIN US FOR LACERS WELL UPCOMING EVENTS

Register for these events through your MyLACERS account or call LACERS at
(800) 779-8328. If you need assistance, email lacerswell@lacers.org.    

  • Aging Well Webinar – Bone Health & Fall Prevention: Wednesday, April 2 at 2:30 p.m.
     
  • Kaiser Well-Being Webinar – Preparing Healthy Meals & Dining Out: Thursday, April 3 at 10:00 a.m. – Register via the Kaiser link at https://www.lacers.org/retiree-event-lacers-well/kaiser-retiree-well-being-webinars
     
  • A Stronger U Academy – Exercise Webinar (30 Days to a Stronger Purpose, Potential & Posture): Wednesday, April 9 at 9:30 a.m.
     
  • Aging Well Webinar – Earning After Retirement: Wednesday, April 9 at 2:30 p.m.
     
  • Mom’s Computer Technology Webinar: Wednesday, April 16 at 2:00 p.m.
     
  • Anthem Webinar – Heart Health Awareness: Wednesday, April 23 at 10:00 a.m.
      
  • Brain Health Webinar – Lost Memories Season 1: Thursday, April 23 at 2:00 p.m. 
     
  • 5k Hike-Walk-Run Event at Lacy Park: 1485 Virginia Rd San Marino, CA 91108 Wednesday, April 30 at 9 a.m 

Join one of our webinars for the first time and inform us at the beginning to be entered into an opportunity drawing for a $25 gift card.

For a full list of LACERS Well events and LACERS Well Champion-led activities, please visit lacers.org/lacers-well-events.

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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