Lacers.org

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Welcome to LACERS.org, the official website of the Los Angeles County Employees Retirement Association (LACERS). LACERS is a public pension fund that provides retirement, disability, and death benefits to more than 190,000 active and retired Los Angeles County employees and their families.

LACERS was founded in 1937 by a group of county employees who wanted to create a secure retirement plan for themselves and their colleagues. Today, LACERS is one of the largest public pension funds in the United States, with assets of over $70 billion.

LACERS is governed by a 13-member Board of Retirement Commissioners, which includes six elected employee representatives, six appointed employer representatives, and one public member. The Board is responsible for setting LACERS' policies and overseeing its investments.

LACERS offers a variety of retirement plans to its members, including:

* A traditional defined benefit plan, which provides a guaranteed monthly benefit based on a member's years of service and salary.
* A cash balance plan, which provides a lump sum benefit that can be invested or used to purchase an annuity.
* A 401(k) plan, which allows members to save for retirement on a tax-deferred basis.

LACERS also offers a variety of disability and death benefits to its members and their families.

LACERS is committed to providing its members with a secure retirement. The fund's investments are managed by a team of experienced professionals, and LACERS' financial statements are audited annually by an independent accounting firm.

LACERS is a valuable resource for Los Angeles County employees and their families. The fund provides a secure retirement, disability, and death benefits, and it is committed to helping its members achieve their financial goals.

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