Board News

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Board Meeting Access – Special Dial-in Information
October 06, 2022

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The next meeting of the Board of Fire and Police Pension Commissioners will be held on Thursday, October 06, 2022 at 8:30 am. However, please read the “Important Message to the Public” at the beginning of the linked Agendas below for current COVID-19 Meeting attendance restrictions and requirements.

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LAFPP Board Appoints Interim General Manager – Joseph Salazar

LAFPP Announcement

Earlier this year, LAFPP General Manager Ray Ciranna announced his intent to retire at the end of September 2022.  To ensure a seamless transition of leadership for the Department, the Board appointed Joseph (“Joe”) Salazar as the Interim General Manager, effective September 25, 2022. 

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Election of the 2021-22 Board Officers

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Each year in July, the Board of Fire and Police Pension Commissioners elects its Officers of the Board to serve one-year terms. On June 3, 2021, the Board authorized a one-time waiver of its Governance Policies that limit the current President and Vice President from serving more than one term consecutively. On July 15, 2021, the Board re-elected Brian Pendleton as President and Kenneth E. Buzzell as Vice President.

Investment

Board Adopts 7.00% Rate of Return

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On May 21, 2020, the Board of Fire and Police Pension Commissioners approved the Plan actuary’s recommendation to lower the investment return assumption from 7.25% to 7.00%. This action will help ensure the long-term viability of the Plan to properly fund the benefits for members.

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ELECTION – FIRE DEPARTMENT RETIRED MEMBER BOARD OF FIRE AND POLICE PENSION COMMISSIONERS

The current term for the Fire Department Retired Member of the Board of Fire and Police Pension Commissioners will end on June 30, 2020.  The Office of the City Clerk, in conjunction with the Department of Fire and Police Pensions, is scheduled to conduct an Election on Tuesday, March 31, 2020, to fill that position. All retired, sworn members of the Fire Department are encouraged to participate. The candidate elected will serve a five-year term that begins July 1, 2020 and ends June 30, 2025.