The Investments Division is responsible for implementing the Pension Fund's investment program.
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Board Adopts 7.25% Rate of Return
On June 1, 2017, the Board of Fire and Police Pension Commissioners approved the Plan actuary's recommendation to lower the investment return assumption from 7.50% to 7.25%. This action will help ensure the long-term viability of the Plan to properly fund the benefits for members.
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Alternative Medical, Dental, and Vision Plan Options
On June 15, 2017, the Board of Fire and Police Pension Commissioners considered alternative medical, dental and vision plan options for an independent group of pensioners.
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2017 COLA
The Cost of Living Adjustment (COLA) effective July 1, 2017 is +2.7% for all eligible pensioners.
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Medicare Part B Premium Reimbursement for 2017 – ACTION REQUIRED
If you are currently eligible to receive a reimbursement for your Medicare Part B premium, you will need to provide LAFPP with documentation indicating how much you will pay for your Part B premium in 2017 in order for us to apply the correct reimbursement amount in your pension check.
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Verify the Status of Your Pension Savings Plan Contributions
If you were in the Drill Tower or Policy Academy training in 1994 to the present, you made mandatory contributions to the City’s Pension Savings Plan for part-time, seasonal and temporary employees.
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Results of the Active Fire Board Member Election
Commissioner Ruben Navarro will serve the term of office from July 1, 2017 until June 30, 2022. Congratulations Commissioner Navarro!
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Fry v. City of Los Angeles (a.k.a. “The Fry Case”)
Check here for the latest update for the Fry v. City of Los Angeles case concerning the City's ordinance freezing the retiree health subsidy benefit. The medical subsidy freeze ordinance stands.
Investments
MyLAFPP
Access MyLAFPP to view your information and generate benefit estimates.
Go Green!Upcoming Events
Board of Fire and Police Pension Commissioners Meeting
July 6, 2017 - 08:30
Board of Fire and Police Pension Commissioners Meeting
July 20, 2017 - 08:30
Board of Fire and Police Pension Commissioners Meeting
August 3, 2017 - 08:30
