LACERA

Welcome to the Los Angeles County Employees Retirement Association (LACERA). We have the duty and authority to administer the defined retirement plan benefits for the employees of Los Angeles County and participating agencies. LACERA is an independent governmental entity, separate and distinct from the County of Los Angeles. It is our mission to produce, protect, and provide these promised benefits to our members and their beneficiaries. We are the largest County retirement system in the United States with approximately 50 billion in assests. In the course of fulfilling that mission, we provide excellent customer service to over 158,000 members, including more than 52,000 benefit recipients. At LACERA, we strive to go beyond what's required and aspire to be a world-class organization. We create and put into practice goals to strengthen our customer service efforts, stay current with the latest technology and best business practices, and work diligently to improve our accuracy and efficiency. Our vision for the future includes a prudent, diversified, and forward-thinking investment strategy positioned to weather rough economic storms. We innovate. We challenge our ideas. We achieve. LACERA's Values…Professionalism, Respect, Open Communication, Fairness, Integrity & Teamwork LACERA is governed by two (2) Boards: Board of Investments (BOI) – is responsible for establishing LACERA's investment policy and objectives as well as exercising authority over the investment management of the fund. Diversified investments include Stocks/Equities, Fixed Income/Bonds, Real Estate and Alternative Assets. Board of Retirement (BOR) – is responsible for the overall management of the retirement system. Under the policy guidance of the BOR and the direction of the Chief Executive Officer, to create innovative ways to streamline and expedite retirement processes, and introduce new member services options and upgrades.