LACERS

The Los Angeles City Employees’ Retirement System (LACERS) is a prominent retirement fund with a key focus on providing reliable pension benefits to the civilian employees of the City of Los Angeles. With $24B in assets under management (AUM), LACERS has established itself as a trusted entity since its inception in 1937. Serving a substantial portion of the city's workforce, LACERS currently supports nearly 26,000 active employees and more than 22,500 retirees and their beneficiaries. LACERS is responsible for administering approved pension benefits, retiree health care premiums, and managing the pension fund portfolio to meet its obligations. This robust approach showcases the commitment to excellence, innovation, professionalism, and transparency as emphasized in their slogan. The organization places paramount importance on providing the best experience for its members, reflecting a strong fiduciary duty upheld by every board member and staff member at LACERS. As a retirement system deeply rooted in the City of Los Angeles, LACERS stands as a critical entity within the region's financial landscape. As it continues to evolve and grow, potential opportunities may arise for investors seeking to align with a longstanding, reputable institution that plays a vital role in ensuring the financial well-being of the city’s employees.