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News and Announcements

LACERA Files Lawsuit Against Former Interim Information Security Officer for Fraud, Conflicts of Interest, and Breach of Fiduciary Duty

A gavel on books with a scale in the background.

Complaint alleges Carmelo Marquez defrauded LACERA by using an elaborate bid rigging scheme, an alias, and a straw company to enrich himself.

COLA Applied: Members Receive the Maximum Allowable Increase

In February, LACERA’s Board of Retirement approved the maximum allowable cost-of-living adjustment (COLA) for all plans for 2025.

LACERA Updates FAC Calculation Method and My LACERA Calculator

We have good news for Plan G and Safety C members! In March 2025, LACERA implemented a significant change to the final average compensation (FAC) calculation method for your plan.

Meet the Leaders Behind LACERA’s Boards

Infographic of board meeting with word balloons hovering over board members.

With the Board Elections taking place this summer, now is a great time to spotlight the individuals who help guide LACERA’s

Step-by-Step Video Guides to Complete Your Retiree Healthcare Forms

Couple reviewing their Retiree Healthcare forms.

To assist members with the retiree healthcare enrollment process, we have developed a series of walk-through videos that provide step-by-step instructions on completing the required forms.

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