News

Did you know that investment earnings traditionally account for about three-quarters of the money necessary to pay the promised benefits? Being good stewards and growing the pension fund requires careful strategy and expert execution by a professional team. 

We are proud to share with you a recent Pension & Investments article featuring Chief Investment Officer Jon Grabel, which details how LACERA’s methodical investment approach is enhancing returns and helping the fund beat its benchmarks. The article also highlights recent asset allocation adjustments approved by the Board of Investments (BOI) that are designed to maintain returns while lowering volatility. 

Thank you to our BOI trustees and Investments Division, who work diligently to keep the LACERA fund strong, and congratulations on this recognition!