Annual Reports

Skip to main content
Home

Sign in to My LACERA

  1. About LACERA

    About LACERA

    City of Los Angeles skyline
    Our mission is to produce, protect, and provide the promised benefits to our members.
    1. Who We Are

      1. News
      2. Careers
      3. Business Opportunities
      4. Contact Us
    2. Leadership

      1. Board of Retirement
      2. Board of Investments
      3. Board Meetings
      4. Executive Team
      5. Divisions
    3. Accountability

      1. Retirement Law
      2. Governing Documents
      3. Investments
      4. Annual Reports
      5. Public Records
  2. Active Members

    Active Members

    A busy crowd walking by buildings.
    Our defined benefit plans were created to provide you with financial security.
      1. General Plans

      2. Plans A/B/C
      3. Plan D
      4. Plan E
      5. Plan G
      6. Safety Plans

      7. Plans A/B
      8. Plan C
    1. Active Service

      1. Contributions
      2. Service Credit
      3. Compensation
      4. Reciprocity
      5. Terminating Service
      6. Felony Forfeiture
      7. Pre-Retirement Divorce
      8. Disability Retirement
    2. Retirement Planning

      1. Benefit Estimates
      2. Steps to Prepare
      3. Ready to Retire
      4. Workshops
      5. Retirement Options
      6. Beneficiaries
      7. Power of Attorney
  3. Retirees and Families

    Retirees and Families

    View of dock overlooking the water.
    Your monthly allowance is guaranteed, and benefits extend to families and survivors.
    1. Retirement Payments

      1. Cost of Living
      2. Direct Deposit
      3. Tax Requirements
      4. Returning to Work
      5. Divorce
      6. Admin Appeals
    2. Families and Survivors

      1. Benefits Process
      2. Eligible Beneficiaries
      3. Survivor Benefits
      4. Survivor Healthcare
      5. Taxability of Benefits
  4. Retiree Healthcare

    Retiree Healthcare

    The hallway of a hospital.
    We provide comprehensive healthcare plans and resources to keep you healthy in retirement.
    1. Program Basics

      1. Healthcare Eligibility
      2. Paying for Coverage
      3. Manage Your Enrollment
      4. Medicare
      5. COBRA
      6. Healthcare Resources
      7. Healthcare Legislation
    2. Healthcare Plans

      1. Anthem Blue Cross of CA
      2. CIGNA
      3. Kaiser Permanente
      4. SCAN
      5. United Healthcare
      6. Dental/Vision Plans

Accountability

  1. Retirement Law
  2. Governing Documents
  3. Investments
  4. Annual Reports
  5. Public Records
Begin content

Each December, we publish our Annual Comprehensive Financial Report (ACFR) and Popular Annual Financial Report (PAFR). These award-winning annual reports are prepared in accordance with the Governmental Accounting Standards Board reporting guidelines and Generally Accepted Accounting Principles, and are reviewed annually by our independent auditor.

See our Financial Reporting section under Public Records for actuarial reports, experience studies, and GASB disclosure reports. For our current investment activities, performance, and other reports, see the Fund Reports page.

Annual Comprehensive Financial Report

The ACFR is an in-depth review of the previous fiscal year, reporting on the health of the fund, investment returns, and statistical information about the membership through detailed reports, graphs, and figures.

Cover of 2022 Annual Report - a compass symbol over an electronic motherboard.

Our 2022 Annual Comprehensive Financial Report is available for download. The theme “Providing Direction” highlights how LACERA is charting a course for enhanced service, efficacy, and financial stability to benefit our members in the years to come.

Archived annual reports are available in the Public Records Section under Financial Reporting.

Each ACFR has the following five sections:

  • Introductory Section: Significant events, awards, and accomplishments of the previous fiscal year; Board trustees, administrative management, and professional consultants
  • Financial Section: Analysis and statements of LACERA’s financial condition
  • Investment Section: Investment performance for the Pension Plan and OPEB Trusts
  • Actuarial Section: Funding status and actuarial-related metrics and assumptions
  • Statistical Section: Membership statistics and information about our operations

Popular Annual Financial Report

The Popular Annual Financial Report (PAFR) summarizes our Annual Comprehensive Financial Report (ACFR) and is mailed to all members each December. The PAFR shares information about our achievements, primary sources and uses of assets, funded status, and portfolio growth.

Latest Awards

2022 Certificate of Achievement in Financial Reporting from the Government Finance Officers Association, 32nd consecutive year

2022 Public Pension Standards Award from the Public Pension Coordinating Council, 20th consecutive year

2022 Outstanding Achievement in Popular Annual Financial Reporting from the Government Finance Officers Association, 24th consecutive year

Los Angeles County Employees Retirement Association

Appointment Reservations
LACERA
Los Angeles County Employees Retirement Association

Member Service Center

M – F, 7 a.m. – 5 p.m. PT

Holiday Schedule

300 N. Lake Ave.
Pasadena, CA 91101

Contact Us

Member Services Call Center

M – F, 7 a.m. – 5:30 p.m. PT

800-786-6464

Retiree Healthcare

800-786-6464

Business

M – F, 8 a.m. – 5 p.m. PT

PO Box 7060
Pasadena, CA 91109-7060

Phone 626-564-6000

Fax 626-564-6155

Translate Language

English Dutch French German Italian Portuguese Russian Spanish
  • ©2023 LACERA, All Rights Reserved
  • Disclaimer & Privacy Statement