In a landmark 79-page decision, the California 2nd District Court of Appeals has affirmed that the LACERA possesses the authority under both the California Constitution and state statutes to establish employment classifications and set salaries for its employees.
On May 7, 2024, the Board of Supervisors adopted changes to contribution rates for LACERA plan sponsors and active General Plan G and Safety Plan C members, as recommended by LACERA in accordance with Government Code Section 31454.
Tomorrow, June 15, is World Elder Abuse Awareness Day. As part of our mission, LACERA is keenly focused on safeguarding the financial benefits of our members in cases of elder abuse.
On Thursday, April 11, from 1:30 to 3:00 p.m., LACERA and Empower will co-host a session that provides valuable information about keeping your Empower savings plans in retirement.
As of March 13, 2024, Trustee Keith Knox has retired as L.A. County Treasurer and Tax Collector and, therefore, his ex-officio trustee positions on LACERA’s Boards of Retirement and Investments.