Board News
Election Results – Fire Department Employee Member Board of Fire and Police Pension Commissioners
LAFPP welcomes Rigo Arellano, the Fire Department Employee Member-elect, to the Board of Fire and Police Pension Commissioners! Mr. Arellano will be sworn-in during June 2022 to fulfill his fiduciary responsibilities as a Board member beginning July 1, 2022.
Ballot Mailing – Election – Fire Department Employee Member Board of Fire and Police Pension Commissioners
Ballots have been mailed to eligible voters on March 31, 2022.
Election – Board of Fire and Police Pension Commissioners Fire Department Employee Member
An Election to select the Fire Department Employee Member of the Board of Fire and Police Pension Commissioners (Board) is scheduled on April 19, 2022. The candidate elected will serve the term beginning July 1, 2022 and ending June 30, 2027.
Special Election Results – Police Department Employee Member Board of Fire and Police Pension Commissioners
LAFPP welcomes Brian J. Churchill, the Police Department Employee Member-elect, to the Board of Fire and Police Pension Commissioners!
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.
Special Election – Board of Fire and Police Pension Commissioners Police Department Employee Member
A Special Election to select the Police Department Employee Member of the Board of Fire and Police Pension Commissioners (Board) is scheduled on November 16, 2021. The candidate elected will serve the unexpired term beginning February 1, 2022 and ending June 30, 2025.
Commissioner Sumi Parekh Appointed to the Board
Effective September 14, 2021, Sumi Parekh was appointed to the Board of Fire and Police Pension Commissioners.
Election of the 2021-22 Board Officers
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.
Commissioner Belinda Vega Re-Appointed to the Board
Effective July 1, 2021, Commissioner Belinda M. Vega was re-appointed by Mayor Eric Garcetti and confirmed by the City Council to serve a new five-year term ending June 30, 2026.
Election of 2020-2021 Board Officers
Each year in July, the Board of Fire and Police Pension Commissioners elects its Officers of the Board to serve one-year terms. On July 16, 2020, the Board elected Brian Pendleton as President and Ken Buzzell as Vice President.
Commissioner Adam Nathanson Re-Appointed to the Board
Effective July 1, 2020, Commissioner Adam Nathanson was re-appointed by Mayor Eric Garcetti and confirmed by the City Council to serve a new five-year term ending June 30, 2025.
Board Adopts 7.00% Rate of Return
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.
Election Results – Fire Department Retired Member Board of Fire and Police Pension Commissioners
Congratulations, Commissioner Buzzell!
Commissioner Buzzell received 97.04% of the vote and will serve the term of office from July 1, 2020 until June 30, 2025.
Election Results – Police Department Employee Member Board of Fire and Police Pension Commissioners
Congratulations Commissioner Weber!
Commissioner Weber received 74.26% of the vote and will serve the term of office from July 1, 2020 until June 30, 2025.
Ballot Mailing – Police Department Employee Member Board of Fire and Police Pension Commissioners
Ballots will be mailed to eligible voters beginning on Friday, February 21, 2020.
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.
ELECTION – POLICE DEPARTMENT EMPLOYEE MEMBER BOARD OF FIRE AND POLICE PENSION COMMISSIONERS
The current term for the Police Department Employee 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 17, 2020, to fill that position. All active, sworn members of the Police Department are encouraged to participate. The candidate elected will serve a five-year term that begins July 1, 2020 and ends June 30, 2025.
LAFPP Contract with Fisher Asset Management
The Board of Fire and Police Pension Commissioners held a special hearing to determine the future of the Fund’s contract with Fisher Asset Management. After a lengthy and deliberative discussion, the Board voted to terminate its contract with Fisher for management of an international large cap equity portfolio.
Election of 2019-2020 Board Officers
Each year in July, the Board of Fire and Police Pension Commissioners elects its Officers of the Board to serve one-year terms. On July 18, 2019, the Board elected Adam Nathanson as President and Brian Pendleton as Vice President.