Announcements

The Los Angeles Superior Court recently notified LACERA that it is offering a Voluntary Separation Incentive Program (VSIP) to Superior Court employees who meet the VSIP criteria and are approved for the program by the Superior Court.

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.

Did you miss out on our April 11 webinar?

Did you miss out on our April 11 webinar?

Are you eligible for retirement? We have a webinar for you!

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.

We are pleased to announce the LACERA Board of Retirement has approved the maximum allowed COLA increase for all plans for 2024.

As we notified you last month, your January 2024 paystub will be slightly modified, and we are moving to a new paystub envelope style. Here are the notable paystub changes: