The Management Assistant experience at LACERS....
  • What is LACERS
  • LACERS on the Web
  • Offices
  • Benefits of Working at LACERS
  • What is LACERS?
    The Los Angeles City Employees’ Retirement System (LACERS) is a public pension fund providing service retirements, disability retirements, and health insurance subsidies to non-sworn City employees and their families. Established in 1937 under the exclusive management and control of a Board of Administration, LACERS covers over 26,000 active employees and nearly 14,000 retirees. The Board has seven members, each serving a five-year term. LACERS consists of a staff of approximately 120 employees.

    As a Management Assistant at LACERS, you may work in one of the following areas....

    Divisions

    Retirement Services
    The Retirement Services Division (RSD) consists of seven units including: Benefit Verification and Input, Disability Processing, Legal Processing, Service Credit Purchase/Transfer, Service Retirements, Special Projects, and Survivor Benefits. Most of the units within the RSD have extensive contact with LACERS’ members. These contacts may take place due to a member’s desire to purchase service credit, establish reciprocity, retire (either service or disability), dissolve a marriage, establish a legal authority such as a Power of Attorney, or a variety of other reasons. RSD staff may also have contact with the former spouses of members and, ultimately, the members’ survivors.

    Fiscal Management
    The Fiscal Management Division records/reports the System's financial transactions in accordance with Generally Accepted Accounting Principles; processes benefit payments; maintains member accounts; and executes fiscal control measures.

    Portfolio Management
    The Portfolio Management Division serves the Board by administering the investment of trust assets.

    Health Benefits & Communications
    The Health Benefits & Communications Division administers health benefits, and develops and disseminates Member communications. The Health Unit proactively assists retirees and surviving spouses/domestic partners with obtaining the full value of their health insurance benefits by providing member-oriented service. It ensures that both LACERS’ database and the health carriers’ databases contain updated information to avoid problems and/or delays with obtaining health services. The Member Communications Section informs and educates civilian City employees and their families about retirement and retirement-related issues using the call center and various media tools such as newsletters, brochures, guides, reports, forms, summaries, videos, seminars, and the Internet.

    Administrative Services
    The Administrative Services Division is responsible for the department’s human resources function as well as other department-wide programs that advance Member satisfaction. The division also provides administrative support to LACERS’ staff.

    Systems
    The Systems Division provides, through automation, information and support to LACERS’ staff and its members. It provides members with quick and easy access to staff and information about their retirement status; retirement, health and dental benefits; LACERS’ programs and services; and a comprehensive web site with links to internal and external sites.

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    LACERS Website
    www.lacers.org

    Office Information
    LACERS’ offices are located on the 1st, 2nd, and 8th floors of the Brunswig Square Building in the heart of Little Tokyo. Parking is available for all staff:

    360 East 2nd Street
    Los Angeles, CA 90012
    Office Hours: 7:00 a.m. – 4:45 p.m.

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    Benefits of Working at LACERS

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    Last revised: October 2004