Pursuant to the City of Los Angeles Charter Section 1112, the
Mayor, City Council, and Controller at least once in every five
years, shall jointly require a management audit to be made of the
business and property of each of the City’s pension and
retirement systems.
Each audit is to examine whether the pension or retirement system
is operating in the most efficient and economical manner and
shall evaluate the asset allocation of the system. The
independent qualified management auditing firm employed to
conduct the audit is selected by the Mayor, City Council, and
Controller.
July 7, 2022 - Management Audit Final Report
March 12, 2014 - Management Audit Final Report
June 27, 2013 - Management Audit Final Interim Report
November 21, 2007 - Management Audit Final Report