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2021 Valuation Reports Approved
Good news! Based on the actuarial report for the period ending June 30, 2021, the combined funded ratio for pension and health benefits is 92.5%, up from 88.6% the previous year. The favorable results indicate that the Plan remains strong despite another volatile year marked by the continuing COVID-19 pandemic.
Board Meeting Access – Special Dial-in Information
December 2, 2021
The next meeting of the Board of Fire and Police Pension Commissioners will be held on Thursday, December 2 at 8:30 am. However, due to the COVID-19 pandemic, it will continue to be held under the following conditions.
Ballot Mailing – Special Election – Police Department Employee Member Board of Fire and Police Pension Commissioners
Ballots will be mailed to eligible voters beginning on Tuesday, October 26, 2021.
Temporary Suspension of In-Person Appointments – UPDATE
For the safety of our members and staff, LAFPP’s offices will be closed to visitors until further notice. We recommend that you continue to check our website for the latest updates on the status of our in-person operations.
Termination of Active Service
Terminating employment with the City does not always mean a total loss of your contributions. Read more to learn about your options.
LAFPP ANNUAL RETURN
LAFPP is reporting a return of 32.56% for the fiscal year ending June 30, 2021, with assets totaling over $30.7 Billion.
