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SURVIVOR PENSION BENEFIT OPTION – UPDATE January 23, 2018
RLACEI has been working for years now to get a benefit in place that Police and Fire have enjoyed since 2009. As you may know, when we retire, then later remarry, the new spouse is not entitled to a LACERS survivor pension. Police and Fire however have the option of providing the new spouse with a survivor pension – but the retiree has to take a reduced pension.
This morning, the LACERS Board voted to declare an inequity and will be asking the Mayor and City Council to approve this benefit option for LACERS retirees. Stay tuned to our website for an update on this issue.
If this is option is something you have an interest in, please contact Mike Perez at email@example.com and let him know!
Here is the link to look at the LACERS Staff report on this issue