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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.

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Direct Deposit Transition

LAFPP is currently working toward transitioning all of our pensioners from paper checks to direct deposit. 97% of our pensioners currently use direct deposit to safely and quickly receive their monthly pension payments.

Direct deposit provides the following benefits:

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2019 DROP Semi-Annual Statements
Now Available on MyLAFPP!

You may now view and/or print your DROP Semi-Annual Statement for the period ending June 30, 2019, on MyLAFPP.  This statement summarizes your individual DROP account balance, monthly pension deposits, ITD (inception-to-date) interest, and mandatory exit date. To view your statement, take the following steps:

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2018 Annual Active Member Statements
Now Available on MyLAFPP!

You may now view and/or print your 2018 Annual Statement. This statement summarizes your individual pension-related information by providing employee information, service credit, pension estimates (if eligible to retire), contributions and interest, spouse or domestic partner information, and beneficiary designations as of December 31, 2018.

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2019 Non-Medicare Health Subsidy Increase

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On May 2, 2019, the Board of Fire and Police Pension Commissioners approved a 5.5 percent increase to the non-Medicare health subsidy.  The new non-Medicare health subsidy maximum is $1,820.29 per month, effective July 1, 2019.

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Welcome to LAFPP’s new website!

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Our website has been redesigned to create a user-friendly interface for our members, stakeholders, and visitors to easily navigate and find information. For the new design, we aimed for a minimalist look without sacrificing information. 

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COLA 2019

The Cost of Living Adjustment (COLA) is 2.5% for 2019 and was approved by the Board of Fire and Police Pension Commissioners on March 21, 2019.  The COLA will be effective July 1, 2019, and all eligible pensioners and DROP participants will receive an increase accordingly, beginning with the pension payment dated July 31, 2019.

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Passing of Gary Mattingly

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.