LACERA is entrusted to produce, protect, and provide the promised benefits to the employees of Los Angeles County and their beneficiaries. We are dedicated to upholding that trust, which is why LACERA holds its board members, management, staff, and business partners to the highest ethical standards. These standards, which are based on legal and fiduciary concepts, are outlined in the following materials.
For actuarial and financial information, see our Annual Reports. For our latest investment and fund reports, see Fund Reports.
Codes
Code of Ethical Conduct
All Board and staff members are required to follow the Code of Ethical Conduct. The code’s purpose is to ensure the proper administration of LACERA and to foster public confidence in LACERA’s institutional integrity as a well-managed public pension system.
Conflict of Interest Code
LACERA’s Conflict of Interest Code requires designated organizational officials, employees, and consultants of LACERA to disclosure certain economic interests, business positions, investments, income, and/or gifts.
Charters
- Board of Retirement (BOR) Charter
- BOR Standing Committees Charter
- Board of Investments (BOI) Charter
- Corporate Governance Committee Charter
- Audit Committee Charter
- Joint Organizational Governance Committee Charter
Board of Retirement Administrative Documents
- Power and Duties
- BOR Regulations
- FPPC Form 806 Agency Report of: Public Official Appointments
- Administrative Appeal Procedure: Matters Related to Retirement Benefits
- Administrative Appeals Procedures for Felony Forfeiture
- Disability Retirement Step by Step Guide
- Disability Retirement Application When the Member Has Been Terminated for Cause
- Educational Compliance Report
- Sexual Harassment Prevention Training
Board of Investments Administrative Documents
- Powers and Duties
- BOI Bylaws
- FPPC Form 806 Agency Report of: Public Official Appointments
- Educational Compliance Report
- Sexual Harassment Prevention Training
Policies
General
- Legislative Policy
- Limitations and Restrictions on Gifts, Honoraria, Travel, and Loans
- Mailing Services Policy
- Media Policy
- Non-LACERA Managed Devices Acceptable Use Policy
- Purchasing Policy on Goods and Services
- Robert's Rules of Order Motions Chart
- Training Policy
- Trustee Education Policy
- Trustee Travel Policy
Board of Retirement
- Acceptable Employer Payroll Records Policy
- Board Correspondence Policy
- Board Officer Rotation Policy
- Disability Policies & Procedures
- Deductions for Dues from Retiree Warrants
- Educational Requirements Policy
- Electronic Signature Policy
- Late-Filed Disability Application Policy Terminated
- Meeting Schedule Policy
- Member Overpayments and Underpayment Policy
- Policies, Procedures and Charters (PPC)
- Post Retirement Employment Policy
- Processing Disability Retirement Applications and Appeals
- Protection of Disability Records
- Public Policy Engagement
- Secured Workplace Policy
- Sexual Harassment Prevention Training
- Report of Felony Forfeiture Cases Processed
- Retirement Election Submission Policy
- Teleconference Meeting Policy
Board of Investments
- Board Officer Rotation Policy
- Closed Session Policy
- Corporate Governance and Stewardship Principles
- Educational Requirements
- Emerging Manager Policy
- Investment Policy Statement
- OPEB Trust Investment Policy Statement
- Placement Agent Policy
- Procurement Policy for Investment-Related Services
- Responsible Contractor Policy
- Retirement Benefit Funding Policy
- Securities Litigation Policy
- Teleconference Meeting Policy