Board News
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.
FAREWELL COMMISSIONER GEORGE ALIANO
On June 20, 2019, George Aliano attended his last official meeting as Commissioner of the Board of Fire and Police Pensions (Board).
RUNOFF ELECTION RESULTS POLICE DEPARTMENT RETIRED MEMBER BOARD OF FIRE AND POLICE PENSION COMMISSIONERS
LAFPP welcomes Commissioner Garrett W. Zimmon, the Police Department Retired Member-elect of the Board of Fire and Police Pension Commissioners! Commissioner Zimmon will be sworn into office in early July 2019 to fulfill his fiduciary responsibilities as a Board member.
Passing of Gary Mattingly
It is with great sadness that we announce the recent passing of Gary Mattingly, former General Manager of the Department of Fire and Police Pensions.
Special Election Results – Police Department Employee Member of the Board
LAFPP welcomes Commissioner Paul M. Weber, the Police Department Employee Member of the Board of Fire and Police Pension Commissioners!
Passing of Sam Diannitto
We are saddened to report that former Commissioner Sam Diannitto passed away last week. We honor and recognize his long history of service to the City of Los Angeles and the Fire and Police Pension System.
Commissioner Diannitto started with the Fire Department in 1954 and after serving 43 years, he retired in 1997 as an Assistant Fire Chief.
Retired Fire Board Member Election Results
LAFPP welcomes Commissioner Kenneth Buzzell, the newly-elected Fire Department Retired Employee Member of the Board of Fire and Police Pension Commissioners!
Farewell Commissioner Sam Diannitto
September 20, 2017 marked Sam Diannitto’s last meeting as a Commissioner of the Board of Fire and Police Pension Commissioners.
Commissioner Pedram Salimpour, MD Re-Appointed to the Board
On July 26, 2017, the City Council confirmed Mayor Garcetti’s reappointment of Pedram Salimpour, MD to the Board of Fire and Police Pension Commissioners (Board) for a second term beginning July 1, 2017 through June 30, 2022.
Election of 2017-2018 Board Officers
On July 20, 2017, the Board elected Commissioners Ruben Navarro and Corinne Babcock as the new President and Vice President, respectively.
Special Election Fire Department Retired Member Board of Fire and Police Pension Commisssioners
A Special Election is scheduled for Tuesday, September 19, 2017, to fill the position of Fire Department Retired Member of the Board of Fire and Police Pension Commissioners.
Board Review Of Retiree Health Plans And Subsidy Program
UPDATE: As of November 1, 2018, the Board has approved contracts between LAFPP and Los Angeles Firemen’s Relief Association (LAFRA), Los Angeles Police Relief Association (LAPRA), United Firefighters of Los Angeles City (UFLAC), and Los Angeles Police Protective League (LAPPL). The new contracts formally establish LAFRA, LAPRA, UFLAC, and LAPPL as Board-approved Health and/or Dental Plan Sponsors. The contracts are effective immediately and are for a 5-year term.
Board Review of Retiree Health Plans and Subsidy Program
Update as of 6/21/18: The Board discussed the status of pending contracts between LAFPP and LAFRA, LAPRA, UFLAC and PPL.
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.
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!
Fire Department Employee Member of the Board Election – Notice of Intent
A general election to select the Fire Department Employee Member of the Board of Fire and Police Pension Commissioners (Board) is scheduled on Tuesday, April 25, 2017.