The retirement system serving the City of Los Angeles’ civilian workforce provides retirement, disability, and death benefits to eligible members. This defined benefit plan ensures a secure financial future for dedicated public servants after their years of service, encompassing various city departments and roles.
This system plays a crucial role in attracting and retaining qualified individuals for vital public services, contributing to the overall stability and well-being of the city’s workforce. Its historical development reflects the evolving understanding of public employee compensation and the importance of providing for their long-term security. The systems sound financial management is essential for ensuring the long-term fulfillment of its obligations to both current and future retirees.