Chief Investment Jonathan Grabel was recently included in the Markets Group’s 2024 Elite 100 list, which celebrates 100 chief investment officers from public pension funds, endowments, foundations, and corporate pension funds.
The Los Angeles Superior Court recently notified LACERA that it is offering a Voluntary Separation Incentive Program (VSIP) to Superior Court employees who meet the VSIP criteria and are approved for the program by the Superior Court.
In a landmark 79-page decision, the California 2nd District Court of Appeals has affirmed that the LACERA possesses the authority under both the California Constitution and state statutes to establish employment classifications and set salaries for its employees.
On May 7, 2024, the Board of Supervisors adopted changes to contribution rates for LACERA plan sponsors and active General Plan G and Safety Plan C members, as recommended by LACERA in accordance with Government Code Section 31454.
Tomorrow, June 15, is World Elder Abuse Awareness Day. As part of our mission, LACERA is keenly focused on safeguarding the financial benefits of our members in cases of elder abuse.