Medicare Part B Premium Reimbursement for 2018 – ACTION REQUIRED Posted: Wednesday, December 13, 2017

The Centers for Medicare and Medicaid Services (CMS) has announced the maximum standard Medicare Part B (Part B) premium for the 2018 calendar year.  The standard Part B premium will remain at $134.00 and will be effective January 1, 2018.  Action may be required of members whose current Part B reimbursement is less than $134.00.

LAFPP Reports a Return of 13.27% for the Fiscal Year Ending 2016-17 Posted: Friday, October 27, 2017

LAFPP is reporting a return of 13.27% for the fiscal year ending June 30, 2017. LAFPP assets totaled $20.64 billion at the end of the fiscal year.

Health Insurance Premium Reimbursement Program (HIPR) Changes Posted: Thursday, October 19, 2017

Recent actions taken by the Los Angeles Fire and Police Pensions Board of Commissioners and the Los Angeles City Council have resulted in changes to the HIPR program effective April 1, 2017.

Retired Fire Board Member Election Results Posted: Wednesday, October 4, 2017

LAFPP welcomes Commissioner Kenneth Buzzell, the newly-elected Fire Department Retired Employee Member of the Board of Fire and Police Pension Commissioners! 

LAFPP Hits $21 Billion Posted: Tuesday, July 25, 2017

For the first time in LAFPP history, the Fund’s total assets reached an unaudited market value in excess of $21 billion dollars as of July 18, 2017.

Election of 2017-2018 Board Officers Posted: Monday, July 24, 2017

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 Posted: Thursday, July 20, 2017

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.

June 2017 Retired/DROP Member Newsletter Posted: Friday, June 30, 2017

Pension Perspectives Newsletter for Retired and DROP Members.

Non-Medicare Subsidy Increase Posted: Thursday, June 29, 2017

Update: The Board approved a six percent increase to the non-Medicare health subsidy.

Alternative Medical, Dental, and Vision Plan Options Posted: Monday, June 12, 2017

Update as of September 27, 2017: The Board of Fire and Police Pension Commissioners (Board) approved a selection of health plan options for the small group of retirees who will not have access to LACERS plans beginning in 2018. 

Board Adopts 7.25% Rate of Return Posted: Thursday, June 8, 2017

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.

2017 Annual Member Survey - Highlights Posted: Thursday, October 5, 2017

Check out the results from the 2017 Annual Member Survey!

Farewell Commissioner Sam Diannitto Posted: Friday, September 22, 2017

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 Posted: Friday, July 28, 2017

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.

Results of the Active Fire Board Member Election Posted: Monday, May 22, 2017

Commissioner Ruben Navarro will serve the term of office from July 1, 2017 until June 30, 2022. Congratulations Commissioner Navarro!

Verify the Status of Your Pension Savings Plan Contributions Posted: Tuesday, May 9, 2017

If you were in the Drill Tower or Policy Academy training in 1994 to the present, you made mandatory contributions to the City’s Pension Savings Plan for part-time, seasonal and temporary employees.

March 2017 Active/DROP Member Newsletter Posted: Thursday, April 6, 2017

Pension Perspectives Newsletter for Active and DROP Members.

2017 COLA Posted: Thursday, April 6, 2017

The Cost of Living Adjustment (COLA) effective July 1, 2017 is +2.7% and all eligible pensions will be adjusted accordingly beginning with the pension payment dated July 31, 2017.

Member Alert Regarding Alleged Predatory Pension Loan Businesses Posted: Friday, March 31, 2017

Persons receiving monthly pensions, including LAFPP retired members, may be targeted by salespersons offering immediate cash in exchange for rights to future retirement or disability retirement payments.

New Mural Proposed for the Neptune Building Posted: Thursday, March 23, 2017

A new mural titled, “Bloom” will be painted by the artist Hueman on Neptune Building’s east-facing wall. The mural will commemorate Joel Bloom, a pioneering community activist who dedicated his personal time and energy over twenty years into creating the Arts District.

Your 2016 Benefit Statement is Now Available! Posted: Thursday, March 23, 2017

Active members, log in to MyLAFPP to view and/or print your 2016 Annual Benefit Statement.